sales agreements
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ADNOC, IndianOil Ink Long-Term Agreement for Base Oil
Wednesday, 24th April 2019
The Abu Dhabi National Oil Company (ADNOC) has inked a long-term sales agreement with the Indian Oil Corporation (IndianOil) for its high-quality base oil (ADbase).
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ADNOC Inks Sales Agreement with China for Base Oil
Wednesday, 3rd April 2019
The agreement supports ADNOC’s plan to enhance its downstream sector and petrochemical operations.
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Iraq Mulls Tying Oil Companies’ Revenues to Global Oil Prices
Sunday, 24th January 2016
The Iraqi oil ministry is holding talks with foreign oil companies debating alteration to the signed agreements in an attempt to switch from the currently used service agreements model to a revenue-sharing model that reflects on the global oil prices.
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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