Abu Dhabi Company for Onshore Petroleum Operations (ADCO)
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China Eyes Abu Dhabi Oil Concession
Tuesday, 20th December 2016
Abu Dhabi’s oil leadership has a short list of contenders for the remaining stake in its flagship onshore oil concession, with China at the top of the List. Moreover, privately-run CEFC China Energy is in advanced talks with ADNOC to acquire 10% ADCO.
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021