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ADNOC
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UAE’s ADNOC to proceed with developing Habshan carbon capture project
Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had reached a final investment decision to develop the Habshan carbon capture project.The ... Energy -
Sustainably utilizing UAE’s geothermal potential can add to its energy mix: Experts
With their relatively low maintenance cost and reduced carbon footprint, these energy sources offer more efficient cooling alternatives than traditional methods Gulf -
ADNOC and Tabreed complete first phase testing of geothermal wells at Masdar City
ADNOC and National Central Cooling Company PJSC (Tabreed), has announced on Monday a breakthrough in their first project in the Gulf region to harness ... Energy -
ADNOC revises net-zero target to 2045, commits to zero methane emissions by 2030
UAE state oil giant Abu Dhabi National Oil Company said on Monday it was bringing its net-zero emissions goal forward by five years to 2045 and ... Energy -
Rupee-UAE dirham trade mechanism may be announced during Modi visit Saturday: Sources
India and the United Arab Emirates may announce the start of a rupee-dirham payment mechanism to settle bilateral trade during Prime Minister Narendra ... Gulf -
Phase down of fossil fuels essential, but don’t want energy crisis: COP28 President
Sultan al-Jaber, Emirates oil executive and president of the most important climate summit since the Paris Agreement in 2015, says the world will stop ... Gulf -
Reduction of fossil fuel use is inevitable: UAE COP28 chief
The head of the upcoming COP28 climate summit, who also is the chief executive of the UAE’s national oil company, acknowledged Thursday that a ... Gulf -
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