Results for
ADNOC
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Abu Dhabi’s ADNOC Logistics & Services trades 44.8 percent over IPO price in debut
Shares in Abu Dhabi’s ADNOC Logistics & Services climbed 44.8 percent above their listing price on its market debut on Thursday, after raising $769 ... Energy -
UAE energy giant ADNOC to use Ruwais instead of Fujairah for LNG export
The UAE’s state energy firm ADNOC said on Tuesday its planned liquefied natural gas (LNG) project would move forward in the al-Ruwais Industrial City ... Energy -
Abu Dhabi energy giant ADNOC seeks near $1 billion in logistics unit IPO
Abu Dhabi’s main energy company is seeking to raise about $1 billion from the initial public offering of its shipping and logistics unit, according to ... Energy -
UAE’s Jaber urges Big Oil to join fight against climate change
A top oil executive from the United Arab Emirates on Monday urged the energy industry to join the fight against climate change, borrowing a famous ... Energy -
Italy’s Eni signs cooperation accord with UAE’s ADNOC
Italian energy company Eni has signed an accord with Abu Dhabi National Oil Co (ADNOC) for cooperating in promoting the energy transition as Prime ... Energy -
UAE’s ADNOC Gas sets share price as part of new IPO
The United Arab Emirates’ (UAE) ADNOC Gas on Thursday announced its price range for the four percent of its shares in the company that it plans to ... Gulf -
Gulf IPO rush resumes as UAE oil giant ADNOC plans largest deal of 2023
The United Arab Emirates’ national oil company plans to raise $2 billion or more by listing its natural gas business in what could the largest initial ... Energy -
UAE names climate change envoy, ADNOC CEO Sultan al-Jaber President of COP28 in Dubai
The UAE’s Special Envoy for Climate Change and CEO of the Abu Dhabi National Oil Company (ADNOC) Dr. Sultan Ahmed al-Jaber has been named the ... Gulf -
ADNOC plans $15 bln green push over the rest of the decade, as UAE hosts COP28
The United Arab Emirates is earmarking $15 billion for energy-transition projects over the rest of the decade as the Middle Eastern oil producer seeks ... Energy -
ADNOC Logistics, AG&P sign 11-year charter deal for India import terminal
The maritime logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) and Singapore-based Atlantic, Gulf and Pacific (AG&P) have signed ... Energy -
Abu Dhabi’s ADNOC invites banks to pitch for gas business IPO: Sources
Abu Dhabi National Oil Company (ADNOC) has invited investment banks to pitch for roles in the initial public offering (IPO) of its gas business next ... Energy -
UAE’s TAQA, ADNOC, and Mubadala complete landmark transaction for stake for Masdar
Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala), and Abu Dhabi National Oil Company (ADNOC) announced on Thursday the ... Energy -
ADNOC, Petronas sign Abu Dhabi unconventional oil resources deal
Abu Dhabi National Oil Company (ADNOC) and Malaysia’s Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in ... Energy -
UAE’s ADNOC plans global energy push with $150 billion spend
The Abu Dhabi National Oil Co (ADNOC) will boost investment to $150 billion over the next five years, speed up an increase in oil-production capacity ... Energy -
Russia delivers first crude cargo to UAE ADNOC’s Ruwais refinery: Report
Moscow may have found an important new outlet in the United Arab Emirates for some of its crude shunned by traditional buyers in Europe following ... Energy -
Germany’s RWE and UAE’s ADNOC ink LNG deal
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe’s largest economy by the ... Gulf -
ADNOC shuts operations at Fujairah terminal due to exceptional rainfall
The Abu Dhabi National Oil Company (ADNOC) said on Thursday it had shut down its operations at Fujairah terminal due to “exceptional rainfall.”The ... Energy -
UAE’s ADNOC buys ZMI Holdings in offshore oil and wind push
The United Arab Emirates’ main energy company has bought privately-owned ZMI Holdings as it looks to bolster its offshore oil, natural gas and wind ... Energy -
Saudi Aramco CEO tops Forbes ME’s list of top 100 CEOs
Saudi Aramco’s CEO and President Amin H. Nasser ranked first on the Forbes Middle East’s list of top 100 CEOs in the region this year.The Saudi Aramco ... Gulf -
Gender diversity on the rise in the UAE as more women take top board positions
The UAE’s continued efforts to improve gender diversity in the boardroom have led to more women holding board positions this year (8.9 percent), up ... Economy -
Abu Dhabi’s Borouge $2 billion IPO to attract BlackRock, Fidelity
UAE chemical producer Borouge Plc’s $2 billion initial public offering is attracting interest from BlackRock Inc. and Fidelity, as fund managers ... Financial Markets -
UAE’s ADNOC, BP, and Masdar forge clean energy partnership
The Abu Dhabi National Oil Company (ADNOC), oil major BP, and Abu Dhabi future energy company Masdar have joined forces to develop clean hydrogen and ... Energy -
Abu Dhabi’s Borouge petrochem firm secures anchor investors including India’s Adani
Abu Dhabi-headquartered petrochemicals firm Borouge said on Monday it secured seven cornerstone investors, including India’s wealthy Adani family for ... Economy -
Abu Dhabi-based petrochemicals firm Borouge’s IPO book covered: Bookrunners
Books for the initial public offering of Abu Dhabi-headquartered petrochemicals firm Borouge were covered in about an hour after opening, a bookrunner ... Economy -
ADNOC and Borealis to float 10 pct stake of joint venture polymer giant Borouge
Abu Dhabi National Oil Company (ADNOC), together with its long-standing partner Borealis AG, announced on Wednesday an intention to float 10 percent ... Economy -
UAE’s ADNOC acquires 25 percent stake in Borealis: Statement
The Abu Dhabi National Oil Company will acquire a 25 percent stake in Austria’s Borealis AG through UAE state investor Mubadala, the oil firm said in ... Financial Markets -
Middle East helps Europe fill diesel void as Russian flows slump amid war, sanctions
Middle Eastern petrostates are helping Europe make up for a drop in diesel supplies from Russia.Flows of the transport fuel from the Arabian Gulf to ... Gulf -
Oil producers as ‘superheroes’ is not how it works: UAE minister
Oil producers who felt like outcasts at the COP 26 climate conference last year are now being treated like superheroes because their supplies are in ... Energy -
ADNOC’s Jaber says investment in fossil fuels required to avoid disrupted market
Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber said on Monday that investments in oil and gas capacities were needed “to avert ... Energy -
ADNOC Onshore to expand crude extraction projects in Bab field: Tweet
Abu Dhabi Company for Onshore Oil Operations (ADNOC Onshore) awarded a $227 million contract to expand its enhanced crude extraction projects from the ... Gulf