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ADNOC considered acquiring bp following major purchases by IOCs like ExxonMobil, Chevron

According to “people familiar with the matter,” discussions didn’t progress farther than initial conversations. Along with political factors, ADNOC decided that the $110.3 billion company wouldn’t fit well into its strategy.

Reuters , Chevron , Shell , Exxonmobil , Abu-dhabi-national-oil-company , Hess-corporation , Pioneer-natural-resources , Adnoc , P ,

Government allows UAE's Adnoc to export oil from Indian strategic storage, ET Auto

Adnoc: At present, crude oil, which is the raw material for producing fuels like petrol and diesel, is not allowed to be exported except through the state-owned Indian Oil Corporation (IOC).

Mangalore , Karnataka , India , Visakhapatnam , Andhra-pradesh , Indian-oil-corporation , Indian-strategic-petroleum-reserve-ltd , Adnoc-marketing-international-india , Ministry-of-commerce , Abu-dhabi-national-oil-company-adnoc , Abu-dhabi-national-oil-company

Government allows UAE's Adnoc to export oil from Indian strategic storage, ET Auto

In an order, the ministry said the condition of export being allowed only through IOC will continue, but "AMI (Adnoc Marketing International (India) RSC Limited India) is exempted from STE conditions and is allowed to re-export crude oil from their commercial stockpile at Mangalore strategic petroleum reserve, at their own cost".

India , Mangalore , Karnataka , Adnoc-marketing-international-india , Adnoc-marketing-international , Adnoc , Il-export , Rude-oil , Ndian-strategic-petroleum-reserve-ltd , Il-importer , Bu-dhabi-national-oil-company

Government allows UAE's Adnoc to export oil from Indian strategic storage

In an order, the ministry said the condition of export being allowed only through IOC will continue, but "AMI (Adnoc Marketing International (India) RSC Limited India) is exempted from STE conditions and is allowed to re-export crude oil from their commercial stockpile at Mangalore strategic petroleum reserve, at their own cost".

Mangalore , Karnataka , India , Visakhapatnam , Andhra-pradesh , Ministry-of-commerce , Adnoc-marketing-international-india , Abu-dhabi-national-oil-company-adnoc , Indian-oil-corporation , Indian-strategic-petroleum-reserve-ltd , Abu-dhabi-national-oil-company

ADNOC Drilling to expand rig network, operations across Middle East

All but one of the firm’s operational rigs are currently deployed in Abu Dhabi, with most serving its parent company. However, by the end of 2024, the company will have enough rigs to deploy outside of the United Arab Emirates too, Salem said. It will spend $750-950 million to acquire 15 rigs this year.

Oman , Qatar , Saudi-arabia , United-arab-emirates , Kuwait , Youssef-salem , Abu-dhabi , Gulf-cooperation-council , Drilling-co , Baker-hughes , Bloomberg , Abu-dhabi-listed

ADNOC CEO: Global Energy Demand Growth Is Unsustainable

According to ADNOC CEO Al-Jaber, it is unlikely that global carbon reduction targets can be met unless the world cuts energy demand.

Saudi-arabia , Zawiya , Saudi-arabia-general- , China , India , Saudi , Al-jaber , Amin-nasser , John-kerry , Bloomberg , Exxon-mobil , World-petroleum-congress

BP, ADNOC to form gas joint venture in Egypt

BP plc and the Abu Dhabi National Oil Company (ADNOC) announced on Wednesday that they are forming a joint venture for gas exploration in Egypt. The incorporated joint venture is expected to be establ...

Egypt , Abu-dhabi-national-oil-company , Adnoc , Bp , Gas , Natural-gas ,

BP and Adnoc agree Egyptian joint venture

BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.

Egypt , Egyptian , Musabbeh-al-kaabi , William-lin , Abu-dhabi , Abu-dhabi-based , Adnoc , Agree , Joint , Venture , Category-all

ADNOC wins Sheikh Hamdan bin Zayed Environmental Award

ADNOC wins Sheikh Hamdan bin Zayed Environmental Award
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Abu-dhabi , Musabbeh-al-kaabi , Yaser-al-mazrouei , Hatim-khalifa-al-owaid , Carbon-solutions , International-growth , Sheikh-hamdan , Zayed-environmental , Sheikh-hamdan-bin-zayed-environmental-award , Corporate-support , Low-carbon-solutions , Senior-vice-president