The Japanese company is the first of the partners in the present offshore concession to renew its holding in the deposits.
Read More »Samsung JV Wins Abu Dhabi Refinery Contract
The Abu Dhabi oil major plans to invest $3.1 billion into the refinery project to introduce crude processing flexibility.
Read More »ADNOC Seeks to Boost Petrochemicals. Technology Partnership with China
State-owned oil firm is already a major energy and petrochemical supplier to the Asian country.
Read More »ADNOC to Expand Use of Carbon Capture Technology
Volume of the greenhouse gas locked away underground will be equivalent to more than 1m vehicles each day.
Read More »US Eyes Opportunities to Sell LNG to Saudi Arabia
The UAE. which is a net importer of gas. has been looking to diversify its supplies to meet growing demand.
Read More »Vienna Is the Ultimate OPEC Smokescreen
Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.
Read More »ADNOC`s Distribution Unit could Raise as much as $2 Billion in IPO
ADNOC Distribution is the leading fuel distributor in the UAE. with a market share of around 67 percent in the country by number of retail fuel service stations.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »Statoil Seeks Partnership with Adnoc
The Norwegian government supports R&.D with financial incentives.
Read More »Abu Dhabi’s Adipec Draws Record Crowds as Oil Market Sentiment Improves
At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
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