Tag Archives: Abu Dhabi National Oil Co. (ADNOC)

The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.

For more than 45 years. ADNOC has been entrusted with Abu Dhabi’s oil and gas resources.

Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.

UAE supplies a small quantity of oil to India.

Aramco is looking at ``all options`` to enter fuel retailing through partnerships with Indian oil companies.

The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.

Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.

ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.

Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.

The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.