Eva Levesque

United Arab Emirates

Senior Editor at AGBI

Senior Journalist at TRENDS

Foreign Correspondent at Arab News en français

Eye on today’s Middle East shaping its tmorrow Journo FR/ENG Correspondent @arabnewsfr former @AFP Economist Art lover Women Empowerment Pvt account retwt#endos

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Articles

Adnoc on shortlist to buy Shell South Africa fuel stations

6 days ago | agbi.com | Eva Levesque

Oil & Gas Adnoc and Gunvor among biddersPortfolio includes 600 fuel stationsRothschild will manage the saleAbu Dhabi National Oil Company (Adnoc) has been shortlisted to acquire Shell’s fuel stations and other downstream assets in South Africa for as much as $1 billion.
Seaborne oil exports from Iran to China hit record levels

1 week ago | agbi.com | Eva Levesque

Analysis Oil & Gas Costfoto/NurPhoto via Reuters China anticipates supply disruptionIranian exports reach 1.8m bpd50% jump compared to 2024Chinese imports of oil by sea rose in March to their highest in 17 months, with imports from Iran hitting a record, according to tanker tracking consultancy Vortexa.
IEA slashes oil demand outlook as trade tensions bite

1 week ago | agbi.com | Eva Levesque

Oil & Gas IEA predicts growth of 730,000 bpdAnticipates further easing in 2026Blames drag on tariff falloutThe International Energy Agency (IEA) slashed its 2025 oil demand growth forecast on Tuesday, citing rising trade tensions and a weakening global economy. The forecast widens the gap with Opec’s more upbeat outlook.
Fujairah may delay ship fuel expansion projects

1 week ago | agbi.com | Eva Levesque

Analysis Logistics Tariff tensions impact plansOil prices delay decisionsSustainable fuels affected The emirate of Fujairah’s plans to expand its storage facilities and develop cleaner fuels and petrochemical production may be delayed as a result of the impact of tariff-led global trade tensions, according to a local authority.
Opec cuts 2025 oil demand forecast on tariff trade tensions

1 week ago | agbi.com | Eva Levesque

Oil & Gas Opec cuts 2025 demand growth to 1.3m bpdStill higher than IEA forecastProduction cuts to be eased in MayOpec on Monday lowered its 2025 forecast for global oil demand growth, warning that rising trade tensions and weaker economic activity are likely to weigh on consumption.
Visiting US energy minister expects more UAE investment

1 week ago | agbi.com | Eva Levesque

Economy Reuters/Abdulla Al Bedwawi/UAE President Visit to deepen energy tiesUS expects oil and gas growthIncreasing UAE investmentsThe US administration expects “growing” investment from the UAE in the US energy sector, its energy secretary Chris Wright said during a visit to Abu Dhabi this week.
Oil demand growth to halve in wake of Trump tariffs

2 weeks ago | agbi.com | Eva Levesque

Oil & Gas Alamy via Reuters Connect Tripling of tariff rates Oil prices drop Global economy slowdown Global growth in demand for oil this year may be as much as 40 percent less than forecast before last week’s announcement by Donald Trump of a near tripling in effective tariff rates on US imports to their highest in a century, S&P and other oil analysts have said. On average, demand for oil was expected to grow by about 1.2 million barrels per day this year. After President Trump’s April 2...
Borouge hikes dividend despite economic turmoil

2 weeks ago | agbi.com | Eva Levesque

Petrochemicals Borouge dividend hits $1.3bnShare buyback plannedGlobal petchem demand slowingEmirati petrochemicals company Borouge will launch a share buyback programme and increase its dividend payout as it pushes ahead with global expansion, despite mounting trade tensions and sluggish demand.
UAE loses out as India opts for cheaper Russian naphtha

1 month ago | agbi.com | Eva Levesque

Oil & Gas UAE share drops by 20%India’s private refineries lead shiftState-owned facilities could followThe UAE, led by Abu Dhabi, has lost its position as India’s biggest supplier of the refined crude oil product naphtha as discounted Russian cargoes flood the market.
Aramco launches its first carbon capture facility

1 month ago | agbi.com | Eva Levesque

Energy Siemens joint ventureCurbing CO2 emissionsReducing Greenhouse gasesSaudi Aramco has launched its first facility to remove carbon dioxide (CO2) from the air in a joint venture with Siemens. This is the company’s first direct air capture (DAC) facility as it seeks to curb CO2 emissions.