UAE | Egypt Oil & Gas - Part 7

UAE’s ADNOC Distribution Achieves Net Profit of AED 1.15 B in H1 2021

Abu Dhabi National Oil Company (ADNOC) Distribution achieves net profit of AED 1.15 billion during H1 2021, while its earnings before interest, taxes, depreciation and amortization (EBITDA) stood at AED 1.53 billi ...

ADNOC, Fertiglobe Partner to Sell Blue Ammonia to Japan

The exported blue Ammonia come as a part of the efforts exerted to boost cooperation between Japan and the UAE and to support the supply chain.

UAE’s Mubadala Attains 25% Reduction in Greenhouse Gas Emissions

Mubadala Petroleum company announced that it has succeeded in reducing 25% of Greenhouse Gas emissions during the last three years.

ADNOC Awards Three Contracts Worth $763.7 mm 

The Abu Dhabi National Oil Company (ADNOC) has invested $763.7 million in integrated rigless services across six of its artificial islands to support its production capacity expansion to 5 million barrels per day ...

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.

Brooge Energy Signs Agreement for 25,000 b/d Refinery

Brooge Energy announced that its wholly 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 ...

Fertiglobe, TA’ZIZ Sign Agreement on Ammonia Project in Abu Dhabi

TA’ZIZ and Fertiglobe has signed an agreement to allow Fertiglobe join in developing the world-scale blue ammonia production project at TA’ZIZ in Ruwais, Abu Dhabi.

ADNOC Distribution Records Net Profit of AED 631 million in Q1

ADNOC Distribution company announced that it has achieved net profit worth AED 631 million during Q1 of 2021 including Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of AED 740 million.

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 Futers contract on the new ICE Futures Abu Dhabi (IFAD) commoditie ...

Mubadala, Snam Sign MoU to Boost Hydrogen Development in UAE

Mubadala investment Company (Mubadala) announced that it has signed a memorandum of understanding (MoU) with Snam Company, one of the world's leading energy infrastructure operators, to jointly invest and develop ...

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