reserves increase

  • Abu Dhabi Sees Boost in Oil, Gas Reserves

    Abu Dhabi Sees Boost in Oil, Gas Reserves

    Tuesday, 5th November 2019

    Abu Dhabi’s Supreme Petroleum Council (SPC) approved the launch of a new pricing mechanism for the Abu Dhabi National Oil Company's (ADNOC) onshore crude oil and Murban. Furthermore, it announced an increase in oil and natural gas reserves, as well as new discoveries in Abu Dhabi.