UAE Committed to Oil OPEC Cut Deal
UAE intends to continue following the efforts of Saudi Arabia, which are aimed to stabilize the oil markets, said Suhail Al Mazrouei, UAE's Minister of Energy and Industry.
UAE | Egypt Oil & Gas - Part 29
ADNOC Awards Two Offshore Gas Contracts
The Abu Dhabi National Oil Company (ADNOC) awarded two Front End Engineering Design (FEED) contracts for its offshore mega natural gas planned project, located in the Hail, Ghasha, and Dalma fields in the United A ...
ADNOC Raises $851M in 10% IPO of Distribution Unit
Abu Dhabi National Oil Company (ADNOC) offered 1.25 billion shares in ADNOC Distribution on the Abu Dhabi Securities Exchange for the price of 2.5 AED today.
ADNOC Considers New Pricing Mechanism
The Abu Dhabi National Oil Company (ADNOC) is considering changes to its pricing mechanism.
Plans for Exiting Production-Cut Agreement to be Announced in June
OPEC and its oil-producing allies will announce in June their plans for exiting the production-cut agreement.
ADNOC Looks to Invest $109B
The Abu Dhabi National Oil Company plans to invest approximately $109 billion over the next five years to strengthen its market position.
Saudi Aramco CEO: Demand Rebalancing Market
Rising crude demand is rebalancing the oil market.
Mubadala CEO: Long-Term Effects of Underinvestment
Low investment rates in oil development projects could have long-term consequences, the CEO of Mubadala.
Petrojet, NPCC Sign MoU
Petrojet signed a memorandum of understanding (MoU) with National Petroleum Construction Company (NPCC) to enhance oil and gas project cooperation.
ADNOC Looks to New Business Model, Oil Trading
The Abu Dhabi National Oil Company (ADNOC) plans to enter the oil trading business.
