Page 5 - Adnoc News Today

Abu Dhabi National Oil Co. will spend $23 billion on low-carbon projects, the company said in a statement. That’s an increase from the previous budget of $15 billion that Adnoc pledged for such investments through 2030 when it first announced the plan a year ago.

During the meeting, which was held at ADNOC Headquarters, the president directed ADNOC to grow its diversified portfolio and provide secure, reliable and responsible energy to support the delivery of a just, orderly and equitable global energy transition.

ADNOC is developing projects that will capture carbon emissions at its natural gas processing plants and is working to develop a trading desk for credits that can offset emissions.

ADNOC is targeting a carbon capture capacity of 10 MMtpa by 2030, equivalent to taking over 2 million internal combustion vehicles off the road.

ADNOC is targeting a carbon capture capacity of 10 MMtpa by 2030, equivalent to taking over 2 million internal combustion vehicles off the road.

Abu Dhabi National Oil Company acquires 10.1 per cent stake in UK-based carbon capture and hydrogen developer

On 15th December 2023 in Islamabad, the family of Wasim Zuberi lost their lovable patriarch, the petroleum sector...

ADNOC signed a 15-year Heads of Agreement (“LNG agreement”) with ENN LNG (Singapore) Pte. Ltd., a wholly-owned subsidiary of ENN Natural Gas Co. Ltd., for the delivery of at least 1 MMtpa of liquefied natural gas (LNG).

2023 is over - from the explosion of AI to the unexpected win that was COP28, supply chain leaders proved resilience is more than a buzzword.

With the nation more than 85 per cent dependent on imports for meeting its oil needs, India has been pursuing a three-pronged strategy of buying from the cheapest available source, diversifying sources of supply and not breaching any international obligation like the price cap in case of Russian oil.