UAE | Egypt Oil & Gas - Part 11
ADNOC Joins International Hydrogen Council
Abu Dhabi National Oil Company (ADNOC) has announced its enrollment in the Hydrogen Council, an international organization that aims to accelerate the global position of hydrogen through its member companies, accordin...
Brooge Energy Signs Agreement for 25,000 b/d Refinery
Brooge Energy announced that its fully-owned subsidiary, Brooge Petroleum and Gas Investment Company (BPGIC), has signed a refinery agreement with an oil trading company for a 25,000 barrels per day (b/d) modular refi...
Fertiglobe, TA’ZIZ Sign Agreement on Ammonia Project in Abu Dhabi
TA’ZIZ and Fertiglobe has signed an agreement to allow Fertiglobe to join the project of the world-scale blue ammonia production at TA’ZIZ in Ruwais, Abu Dhabi, ADNOC announced in a press release. This agreement will...
ADNOC Distribution Records Net Profit of AED 631 million in Q1
ADNOC Distribution company announced that it’s EBITDA ( Earnings Before Interest, Taxes, Depreciation, and Amortization ) for Q1 2021 is AED 740 million, with net profit of AED 631 million, a press release repor...
ADNOC Starts to Trade Murban Oil as Futures Contracts
The Abu Dhabi National Oil Company (ADNOC) along with the Intercontinental Exchange (ICE) have celebrated the start of trading UAE’s Murban oil as Futures contract on the new ICE Futures Abu Dhabi (IFAD) commodities e...
Mubadala, Snam Sign MoU to Boost Hydrogen Development in UAE
Emirate’s Mubadala investment Company (Mubadala) announced that it has signed a memorandum of understanding (MoU) with Itali’s Snam Company, one of the world’s leading energy infrastructure operators... ADNOC, PETRONAS Sign Agreement to Collaborate in Abu Dhabi’s Petroleum Sector
Emarati Abu Dhabi National Oil Company (ADNOC) signed a strategic framework agreement with Malaysian Petroliam Nasional Berhad (PETRONAS), to explore opportunities for collaboration across Abu Dhabi oil and gas sector...
Qatar Sends First Oil Cargo to UAE After Restoring Ties
Qatar has exported first oil cargo to an Arabian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg. The shipment loa...
