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Emirates News Agency - UAE President, Malaysia's King witness Signing of Middle East's First Unconventional Oil Concession between ADNOC and PETRONAS - Vimarsana News

Emirates News Agency - UAE President, Malaysia's King witness Signing of Middle East's First Unconventional Oil Concession between ADNOC and PETRONAS

ABU DHABI, 5th December, 2022 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the King of Malaysia His Majesty Seri Paduka Baginda the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin AlMustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah have witnessed the signing of a historic concession agreement between Abu Dhabi National Oil Company (ADNOC) and PETRONAS for Abu Dhabi’s Unconventional Onshore Block 1. The pioneering award to Malaysia’s national oil and gas company launches the Middle East’s first unconventiona...

Source: wam.ae
UAE President, Malaysia's King witness signing of Middle East's first unconventional oil concession deal between ADNOC and PETRONAS - Vimarsana News

UAE President, Malaysia's King witness signing of Middle East's first unconventional oil concession deal between ADNOC and PETRONAS

The agreement builds on the strong bilateral ties between the UAE and Malaysia

Emirates News Agency - UAE President, Malaysia's King witness Signing of Middle East's First Unconventional Oil Concession between ADNOC and PETRONAS - Vimarsana News

Emirates News Agency - UAE President, Malaysia's King witness Signing of Middle East's First Unconventional Oil Concession between ADNOC and PETRONAS

ABU DHABI, 5th December, 2022 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan and the King of Malaysia His Majesty Seri Paduka Baginda the Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin AlMustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah have witnessed the signing of a historic concession agreement between Abu Dhabi National Oil Company (ADNOC) and PETRONAS for Abu Dhabi’s Unconventional Onshore Block 1. The pioneering award to Malaysia’s national oil and gas company launches the Middle East’s first unconventiona...

Source: wam.ae
UAE reduces fuel prices for the month of December - Vimarsana News

UAE reduces fuel prices for the month of December

The December’s new price of a litre of Super 98 petrol will be sold at Dhs3.30 per litre in all fuel stations. It was Dhs3.32 per litre in October. Diesel will be sold at Dhs3.74. It was Dhs4.01 in October.

Middle East Oil Producers Under Pressure To Cut Prices Again - Vimarsana News

Middle East Oil Producers Under Pressure To Cut Prices Again

Following a year of rising crude demand and tight supply, the crude futures market is now pointing at oversupply, and many Middle East producers will be forced to slash premiums again