UAE accelerates West-East Pipeline project to reduce Hormuz dependence
The West-East Pipeline project has been tasked with the goal of doubling the UAE's energy export capacity via the port of Fujairah by 2027...
Tag : ADNOC
IF Insights: UAE stands to gain after exit from OPEC
Fitch sees the UAE's oil production remaining unaffected in the post-OPEC world, with revenues getting boosted in the longer term...
Despite geopolitical disruptions, ADNOC records good Q1 financials
Despite the ongoing Iran war, ADNOC’s growth ambitions remain intact, with its targeted EBITDA growth of over 40% between 2023 and 2029 unchanged...
European Union regulators set to pause subsidy probe into ADNOC’s Covestro deal
ADNOC's acquisition of Covestro in October 2024 was the largest to date and marked one of the biggest foreign takeovers of a European Union company by a Gulf state...
Adnoc and TotalEnergies to collaborate on low-carbon hydrogen and CCS projects
The deal was signed during President Emmanuel Macron's visit to the UAE...
UAE emerging as one of the biggest players in the global blue hydrogen market
The UAE is on its way to become gas self-sufficiency as ADNOC expands into unconventional gas...
UAE attracts foreign investment worth $20 bn in 2020
The Emirates became the 15th largest recipient of FDI in the world and climbed seven places from 2019 to 2020...
ADNOC awards $510 mn contract to Saipem to expand Shah sour gas capacity
The contract will increase the plant’s capacity by 13% to 1.45 bn cubic feet per day by 2023...
Adnoc to spent $122 bn in 5 years to boost output
The budget was recently approved by Abu Dhabi’s Supreme Petroleum Council...
India allows Adnoc to export from its strategic petroleum reserve
The oil giant can now export from the Mangalore SPR in foreign flagged ships...