ADNOC, IndianOil Ink Long-Term Agreement for Base Oil

• Wednesday, 24th April 2019
• by Editorial Team

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), ADNOC announced on April 23. “The signing of this im...

ADNOC Inks Sales Agreement with China for Base Oil

• Wednesday, 3rd April 2019
• by Editorial Team

The Abu Dhabi National Oil Company (ADNOC) has inked a long-term sales agreement with China’s Xiamen Sinolook Oil Company for its base oil, ADbase, Pipeline Oil and Gas Magazine reported. “The signing of this importan...

Iraq Mulls Tying Oil Companies’ Revenues to Global Oil Prices

• Sunday, 24th January 2016
• by Egypt Oil & Gas

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 ...