The Abu Dhabi National Oil Company (Adnoc) announced on Wednesday that one of its new trading entities, Adnoc Trading, has started derivatives trading as a direct market participant.
The Abu Dhabi National Oil Company (Adnoc), announced on Monday its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporation,
ADNOC will hold a 60% equity stake in the venture, while ADQ, a state-owned holding company, will have the remaining 40%, the statement said.
Adnoc Distribution announced that its dividend policy will see the 2021 dividend increase to Dhs2.57 billion, an increase of 7.5 per cent compared to 2019.
Adnoc Distribution on Thursday reported that its first half 2020 underlying earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Dhs1.422 million, with net profit at Dhs910 million.
The Abu Dhabi National Oil Company (Adnoc) confirms significant progress made on its ‘Crude Flexibility Project’ (CFP), with 73% project delivery of Adnoc’s ongoing upgrade of refining capabilities in Ruwais and strengthening
Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc) announced on Tuesday the formation of a new strategic joint venture (JV) with Wanhua Chemical Group.
The Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi Power Corporation (ADPower) have announced the issuance of a joint tender for a first-of-its-kind project in the Middle East & North Africa (Mena) region.
The Abu Dhabi National Oil Company (Adnoc) today announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI). As part of this agreement, Adnoc will acquire a 10 per cent equity stake in VTTI. Following the transaction, VTTI will be owned 10 per cent by Adnoc,
The Abu Dhabi National Oil Company (Adnoc) announced on Sunday that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF). ADRPBF will invest Dhs1.1 billion ($300 million),