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Abu Dhabi's bailout of Dubai calms fears

Dec. 14, 2009
Oil-rich Abu Dhabi pumped $10 billion into its indebted neighbor Monday, sending stocks soaring while sparing Dubai and the rest of the Emirates federation the humiliation of an imminent default by one of the struggling Arab boomtown's star companies. The...
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Oil rich Arabia investing in green future

ABU DHABI, United Arab Emirates, Jan. 13 (UPI) -- Arabian countries that rely on dollars from oil are now pumping enormous sums into green energy research to stay ahead of the curve.

Abu Dhabi boosts oil infrastructure

ABU DHABI, United Arab Emirates, Aug. 20 (UPI) -- Abu Dhabi's International Petroleum Investment Co. will team up with the Abu Dhabi National Oil Co. on infrastructure development, officials said.

$1B Kazakh, Abu Dhabi energy deal inked

ABU DHABI, United Arab Emirates, July 21 (UPI) -- The governments of Abu Dhabi and Kazakhstan announced a $1 billion investment venture to develop oil and gas projects in Kazakhstan, officials said.

UAE seeks Hormuz alternative for oil

ABU DHABI, United Arab Emirates, July 8 (UPI) -- Abu Dhabi expects construction on an interstate oil pipeline bypassing the Strait of Hormuz to be completed ahead of schedule, industry officials said.

Germany, Abu Dhabi ink energy deal

ABU DHABI, United Arab Emirates, June 26 (UPI) -- The German energy firm Wintershall signed a memorandum of understanding with an Abu Dhabi oil investment firm to develop regional natural resources.

Dolphin Energy assumes pipeline management

ABU DHABI, United Arab Emirates, June 17 (UPI) -- The Abu Dhabi gas firm Dolphin Energy assumed management responsibilities for roughly 190 miles of gas pipelines owned by the Abu Dhabi National Oil Co.

Abu Dhabi promotes natural gas-run cars

ABU DHABI, United Arab Emirates, Dec. 26 (UPI) -- Abu Dhabi National Oil Co. is planning to open additional natural gas filling stations next year.

Abu Dhabi buys AMD stake for $622 million

NEW YORK, Nov. 16 (UPI) -- An investment arm of the Abu Dhabi government has bought an 8.1 percent stake in Advanced Micro Devices for $622 million.

Halliburton wins Abu Dhabi cement contract

HOUSTON, Sept. 5 (UPI) -- Halliburton Tuesday won a $70 million contract from the Abu Dhabi Company for Onshore Oil Production for cementing and associated services.

New UAE president elected

ABU DHABI, United Arab Emirates, Nov. 3 (UPI) -- The Supreme Council of the United Arab Emirates Wednesday elected Sheik Khalifa bin Zayed as president, succeeding his late father, Sheik Zayed bin Sultan.
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Vietnam Veterans Memorial Commemorated in Washington
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A U.S. Air Force B-52 flies over the Vietnam Veterans Memorial during commemoration of 50th anniversary of the war on May 28, 2012 in Washington, DC. President Barack Obama is at the base of the wall left center. More than 58,000 names of the servicemen who were killed or missing in the war are engraved on The Wall. The B-52 bomber was used extensively during the Vietnam War. UPI/Pat Benic