Liquid Bulk Terminal to Receive $500M in Financing
Sonker Bunkering Company and DP World finalized $500 million in financing for a liquid bulk terminal at Ain Sokhna.
UAE | Egypt Oil & Gas - Part 30
ADNOC Subsidiary Issues $3B Bond
Abu Dhabi Crude Oil Pipeline (ADCOP) issued a $3 billion bond on Monday
ADNOC Distribution IPO Still On for 2017
Abu Dhabi National Oil Company (ADNOC) is planning an initial public offering (IPO) in December for its retail operations.
December OSPs Rise
Last week Saudi Arabia and the UAE raised their official selling prices (OSPs) for December.
UAE to Continue Cuts into December
The UAE announced it would continue its production cuts in December.
ADIPEC to Expand Networking Assistance
The Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) is looking to expand its Global Meetings Program to facilitate trade and business networking at this year’s event.
Fujairah Stocks Drop to 16.8M Barrels
The supply of refined products at Fujairah, an oil terminal in the UAE, fell to 16.8 million barrels, a 6.9% decrease
ADNOC to Offer IPO of Distribution Unit in 2017
Abu Dhabi National Oil Company (ADNOC) is planning an initial public offering (IPO) of ADNOC Distribution this year.
OPEC Secretary General Hints at “Extraordinary Measures”
“Extraordinary measures” may be necessary to stabilize oil markets, the Secretary –General of OPEC, Mohammad Barkindo, told reporters.
ADNOC Nearing Deal for $6B Loan
Abu Dhabi National Oil Company (ADNOC) is closing in on the syndication of a $6 billion loan.
