46 m. ago OPEC+ Made Careful Start to Supply Revival in April Before Planned Output Surge

OPEC+ nations made a careful start to their long-awaited oil production revival in April, ahead of the group’s plans for a much quicker surge in output in the coming months.

Culture

5 d. ago Oilsands giant CNRL pays down debt, trims 2025 capital budget amid Trump

Despite uncertainty weighing on oil prices, CNRL and its peers helped Alberta break another seasonal oil production record

Economics

5 d. ago Cenovus Energy shares jump after it ups dividend, beats on Q1 earnings

CALGARY — Shares in oil producer Cenovus Energy Inc. jumped almost 10 per cent Thursday after it reported quarterly profits that beat market expectations, upped its shareholder payout and sought to reassure investors it can withstand oil prices much weaker than they are today. The stock was trading at $17.90 on the Toronto Stock Exchange […]

Other

5 d. ago Canadian Natural says it can break even at US$40 oil, reports record production

CALGARY — Oil and gas giant Canadian Natural Resources Ltd. says it can weather a crude price much lower than where it’s been trading over the past month. West Texas Intermediate, a U.S. benchmark for light oil, has been hovering around the US$60-per-barrel mark in recent weeks, about US$10 lower than it was just six […]

Economics

6 d. ago Suncor production hits record high, but sales volumes slow as inventory builds

Firebag oilsands site and offshore production drive the surge

Sport

7 d. ago Disney announces its first Middle East theme park in Abu Dhabi

It will be the company’s first all-new location since the Shanghai Disney Resort opened in 2016

Culture

7 d. ago Abu Dhabi’s Palantir Rival Bets on Global South to Spur Growth

Presight AI Holding Plc, a data analytics provider based in Abu Dhabi, is seeking global deals to drive its next phase of growth.

Other

8 d. ago Shale Driller Diamondback Trims Output, Says US Oil Has Peaked

Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, is trimming its crude production guidance amid sinking oil prices brought on by President Donald Trump’s trade war and looming OPEC supply increases.

Other

8 d. ago S&P/TSX composite down as oil falls, U.S. markets also end lower

TORONTO — Canada’s main stock index closed down along with U.S. markets as trade worries and a drop in the oil price weighed. U.S. stocks were down after a nine-day streak of gains while crude prices fell to a four-year low Monday after the OPEC+ group of oil-producing nations said it plans to increase output. […]

Other

9 d. ago Oil prices drop $2 with most Asian markets closed for holidays

HONG KONG (AP) — Oil prices fell more than $2 a barrel early Monday after the OPEC+ group of oil producing nations said it plans to increase output. U.S. futures fell U.S. benchmark crude oil sank $2.21 or 3.8% to $56.08 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the […]

Economics

1 week ago Big Oil Refuses to Budge on Production Ahead of OPEC+ Decision

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices during April and the potential for further increases in output from OPEC+.

Other

1 week ago Gran Tierra Energy Inc. Reports First Quarter 2025 Results, Record Production and Continued Exploration Success

Achieved Record Total Company Average Quarterly Production of 46,647 boepd Ecuador Exploration Success Continues with Additional Oil Discoveries in Iguana Block Solid Balance Sheet, Exited the Quarter with $77 Million in Cash Following Active Capital Campaign, Paid Down $27 Million of Debt Additional Liquidity Secured with Signing of New $75 Million Credit Facility CALGARY, Alberta, […]

Sport

1 week ago OPEC’s Oil Production Fell Last Month Despite Plans to Increase

OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela.

Other

1 week ago Abu Dhabi’s ADQ Plots Next Act After Assets Double in Four Years

The emirate’s newest wealth fund is growing faster than many of its peers. Executives are now looking for ways to take advantage of that momentum.

Other

1 week ago IMF Cuts Growth Outlook for Gulf Oil Producers After Price Slump

The International Monetary Fund downgraded its growth forecasts for oil exporting countries in the Middle East and North Africa, including Saudi Arabia and Iraq, citing escalating global trade tensions and lower energy prices.

Economics

1 week ago GOLDSTEIN: Carney’s claim he wants to make Canada energy superpower is suspect

The problem with Prime Minister Mark Carney saying he wants to make Canada an “energy superpower” in both conventional and clean energy is that Canada is already a superpower in conventional energy. We’re the world’s four largest producer of oil and fifth largest producer of natural gas. The problem is that when it comes to […]

Transport

1 week ago What Kids Really Want on Dream Holiday: 90% Children are Looking for Connection, Adventure and Family Bonding

Experience Abu Dhabi commissioned research from 7,000 children around the world to find out what their dream holiday looks like A Media Snippet accompanying this announcement is available by clicking on this link. 90% are looking for opportunities to connect and make new friends while on holiday 89% want family holidays that feel like stepping […]

Society

1 week ago Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1

OTTAWA — Statistics Canada says the Canadian economy contracted in February but early signs suggest moderate growth in March. The agency says real gross domestic product decreased 0.2 per cent in February. That was driven by a 0.6 per cent decline for goods-producing industries, with mining, quarrying, and oil and gas extraction and construction contributing […]

Other

2 w. ago MultiBank Group Recognized as the ‘Most Reputable Forex Broker 2025’ at Money Expo Abu Dhabi 2025

DUBAI, United Arab Emirates — MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, has been awarded the prestigious title of ‘Most Reputable Forex Broker 2025’ at Money Expo Abu Dhabi, held on April 23–24 at Conrad Abu Dhabi Etihad Towers. MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, has […]

Other

2 w. ago Top Abu Dhabi Oil Producer Sells $1.5 Billion in Debut Sukuk

Abu Dhabi National Oil Co. sold debt compliant with Islamic rules for the first time as the state producer works to diversify funding.

Economics