Results for
ADNOC
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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 -
Abu Dhabi's ADNOC Drilling 2021 net profit up by 6.1 percent
Abu Dhabi's ADNOC Drilling reported on Friday a rise of 6.1 percent in 2021 net profit, with revenues boosted by its onshore and oilfield services ... Energy -
UAE’s ADNOC discovers raw gas off Abu Dhabi coast
UAE oil firm ADNOC announced on Thursday a gas discovery off Abu Dhabi, the first from the emirate’s offshore exploration concessions.Interim results ... Gulf -
ADNOC named most valuable Emirati brand amidst OPEC’s global energy optimism
The Abu Dhabi National Oil Company has been named the UAE’s most valuable brand of 2022, according to the brand valuation consultancy firm, Brand ... Energy -
UAE’s ADNOC works to ensure reliable supply after fuel depot incident
UAE oil firm ADNOC has activated business continuity plans to ensure reliable, uninterrupted supply of products to local and international customers ... Gulf -
UAE’s ADNOC to supply full crude volumes to Asian buyers in March: Sources
The Abu Dhabi National Oil Company (ADNOC) has informed some buyers in Asia that it will supply full contractual volumes of crude in March, steady ... Energy -
UAE’s ADNOC to invest $127 bln in 2022-26 as oil, gas reserves rise
Abu Dhabi National Oil Company (ADNOC) announced on Wednesday a $127 billion capital spending plan for 2022-2026, as it reported an increase in the ... Energy -
UAE, opening oil and gas summit, says no unplugging from hydrocarbons
Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber said on Monday the world could not “simply unplug” from hydrocarbons and that the ... Energy -
Pragmatic approach needed for climate action; oil, gas remain important: ADNOC CEO
Abu Dhabi National Oil Co (ADNOC) Chief Executive Sultan al-Jaber on Saturday stressed the importance of oil and gas in meeting energy requirements ... Gulf -
ADNOC joint venture Fertiglobe sets mid-range IPO price, raising around $795 mln
Fertiglobe, a joint venture between Abu Dhabi National Oil Co and chemical producer OCI, said its initial public offering was priced at 2.55 dirhams ... Energy -
ADNOC and Dutch partner to launch IPO of fertilizer company
The Abu Dhabi National Oil Company (ADNOC) and Dutch chemical company OCI will list shares of Fertiglobe, their fertilizer company, after ADNOC’s ... Financial Markets -
ADNOC Drilling jumps over 30 pct in debut for Abu Dhabi’s largest IPO
ADNOC Drilling shares jumped more than 30 percent as the unit of Abu Dhabi oil giant ADNOC started trading on Sunday after its $1.1 billion initial ... Energy -
ADNOC completes bookbuilding for IPO of drilling unit raising over $1.1 bln
State oil giant Abu Dhabi National Oil Co (ADNOC) has completed bookbuilding for the initial public offering (IPO) of ADNOC Drilling, raising more ... Energy -
Abu Dhabi awards exploration rights for offshore block to Pakistani consortium
The Abu Dhabi National Oil Company (ADNOC) announced on Tuesday the signing of a historic exploration concession agreement, awarding the exploration ... Energy -
ADNOC, Fertiglobe tie up to sell UAE’s first Blue Ammonia to Japan’s Itochu
The Abu Dhabi National Oil Company (ADNOC), in partnership with Fertiglobe, has sold its first cargo of blue ammonia to leading general trading ... Energy -
Abu Dhabi’s ADNOC adds Goldman Sachs to lead banks on drilling IPO
Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs to a lead role on the initial public offering of its drilling unit, sources said, in ... Energy -
UAE’s ADNOC to make deep crude oil term supply cut in Sept for some Asian buyers
Abu Dhabi National Oil Company (ADNOC) will reduce the volume of crude oil it supplies to Asian term buyers by 15% in September, according to six ... Energy -
ADNOC to issue $1.2 bln in exchangeable bonds, offer more shares in distribution unit
Abu Dhabi National Oil Company (ADNOC) said on Wednesday it plans to issue about $1.2 billion in exchangeable bonds and will offer more shares to ... Energy -
UAE’s ADNOC plans for ‘world-scale’ blue ammonia production facility in Ruwais
The United Arab Emirates’ Abu Dhabi National Co. announced on Monday plans to build a “world-scale” blue ammonia project production facility in Ruwais ... Energy -
Abu Dhabi’s ADNOC in early talks with investors ahead of drilling unit IPO: Sources
Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its ... Energy -
OCI confirms potential Abu Dhabi listing for fertilizer joint venture with ADNOC
Fertiglobe, a fertilizer joint venture between chemical producer OCI N.V. and Abu Dhabi National Oil Company (ADNOC), has started preparing for ... Energy -
UAE FM: We affirm our full support for India amid COVID-19 cases resurgence
The United Arab Emirates’ Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan on Sunday reiterated his ... Coronavirus -
UAE’s ADNOC L&S acquires two new Very Large Crude Carriers
Abu Dhabi National Oil Company’s (ADNOC) shipping and maritime logistics arm, ADNOC Logistics & Services (ADNOC L&S), on Tuesday announced the ... Economy -
ADNOC, Dutch-listed OCI weigh IPO of fertiliser joint venture Fertiglobe, say sources
Abu Dhabi National Oil Company (ADNOC) and chemical producer OCI N.V. (OCI), which is backed by Egyptian businessman Nassef Sawiris, are weighing an ... Energy