Tag : energy security

Business

Indonesia begins building $20.9 billion Masela LNG project

omandailynews.com
Indonesia expects the Abadi Masela LNG project to deliver about $37.8 billion in direct government revenue. Energy and Mineral Resources Minister Bahlil Lahadalia also projected $6.43 billion in indirect tax receipts. Officials released the figures after a July 16 groundbreaking...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

omandailynews.com
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose...
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India and Australia deepen ties across defence and energy

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India and Australia expanded ties on July 9, 2026, with agreements covering defence, energy, technology and education. Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese held the third annual summit in Melbourne. Their governments announced 18 outcomes...
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Italy and GCC sign MoU to expand political cooperation

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Italy and the Gulf Cooperation Council signed a memorandum of understanding in Rome on Monday to strengthen cooperation and create a structured channel for political consultations. The agreement was signed during a meeting between Italian Deputy Prime Minister and Foreign...
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UAE and US discuss UN cooperation in Abu Dhabi

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H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, received  Ambassador Mike Waltz, US Permanent Representative to the United Nations, in Abu Dhabi. The meeting focused on UAE-US cooperation, regional developments and joint...
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UAE and IAEA review nuclear safety after Barakah attack

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H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, received Rafael Grossi, Director General of the International Atomic Energy Agency, in Abu Dhabi for talks focused on nuclear safety, regional security and cooperation...
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Trump and Xi end Beijing summit with cautious progress

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President Donald Trump concluded talks with Chinese President Xi Jinping in Beijing after the White House said the leaders had a “good meeting” that covered economic cooperation, the Strait of Hormuz and Iran’s nuclear issue. The White House said the...
Business

ADB commits $30 billion for ASEAN by 2030

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CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and strengthen resilience to external shocks, giving the 10-member bloc a multiyear financing pipeline centered on...
Business

ADB commits $30 billion for ASEAN by 2030

omandailynews.com
CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and strengthen resilience to external shocks, giving the 10-member bloc a multiyear financing pipeline centered on...
News

UAE and Austria deepen strategic partnership talks

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Austrian Chancellor Christian Stocker in Abu Dhabi on Friday for talks focused on the two countries’ Comprehensive Strategic Partnership and the impact of regional developments on security and the economy. The meeting brought together...