Japan exploring opportunities in downstream and mid-stream sectors.
Read More »ADNOC Plans Further Oil Output Reduction
For the first quarter of 2017. according to OPEC figures. ADNOC pumped an average 2.935 million bpd and in the second quarter. it produced 2.91 million bpd of crude.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »India in Talks to Acquire 20 Percent of UAE Oilfield
India imports oil to meet most of its growing energy demand.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Low Oil Prices Push OPEC Producers to Public Markets
OPEC’s largest producer. Saudi Arabia. also hopes to enter public markets in the future.
Read More »UAE A Model for New Oil Market Realities
Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.
Read More »Abu Dhabi Oil and Gas Exhibition(ADIPEC)
Abu Dhabi Oil and Gas Exhibition (ADIPEC)
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »Russia`s Lukoil Hopes for Iran Oilfield Development Decision This Year
Lukoil signed several memorandum of understanding with NIOC last year.
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