DUBAI, United Arab Emirates (AP) — Dubai's government, under pressure to repay billions of dollars in debt, said Thursday it has discovered a new offshore oil field — the first ...

Dubai, once a small and poor settlement in the desert, has undergone an extraordinary transformation in just a few decades. While oil was discovered in the 1960s and provided a significant revenue ...

Dubai discovers new oil field. His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai today announced the new oil discovery in Dubai.

The UAE announced this week that it has discovered an additional 2 billion barrels of conventional oil, pushing its recoverable reserves up to 107 billion barrels. It also discovered 22 billion ...

UAE Announces Major Oil & Gas Discoveries By Irina Slav - Nov 05, 2018, 11:00 AM CST. The UAE’s flagship oil and gas company Adnoc has made a gas discovery of 15 trillion cu ft and a crude oil ...

In Abu Dhabi’s Onshore Block 3, operated by Occidental, around 100 million barrels of oil in place were discovered, marking the second oil find in this concession.

DUBAI, Feb 4 (Reuters) - A new maritime oil field has been discovered in the emirate of Dubai, the office of the Gulf Arab emirate's ruler said on Thursday. "Mohammed bin Rashid brings the good ...

The UAE is focused on boosting its crude oil production to over 5 million barrels per day (bpd) by 2030 at the latest and becoming self-sufficient in gas as soon as possible.

United Arab Emirates' Energy Minister Suhail al-Mazrouei said on Monday the latest oil discoveries are part of state-owned Abu Dhabi National Oil Co's efforts to increase production capacity to 5 ...

DUBAI, United Arab Emirates (AP) — Dubai's government said Thursday the emirate has discovered a new offshore oil field — the first such discovery by the city-state in several years.The ...