FeaturedOil & GasNH Investment & Securities seeks to acquire stake in AdnocInternational Finance Business DeskMay 29, 2020 by International Finance Business DeskMay 29, 2020 If the deals come through, it could be one of the largest infrastructure investments made by a Korean securities firm... Read more
FeaturedTechnologyAdnoc Distribution’s app sees 9 mn contactless transactionsPritam BordoloiMay 20, 2020 by Pritam BordoloiMay 20, 2020 Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID... Read more
FeaturedTechnologyAdnoc’s digital command centre generates $1 bn in business valuePritam BordoloiMay 7, 2020 by Pritam BordoloiMay 7, 2020 Panorama is a key part of Adnoc’s ongoing strategic investments in digitisation and AI... Read more
FeaturedOil & GasAdnoc terminates Petrofac’s contract for Dalma gas projectInternational Finance Business DeskApril 17, 2020April 20, 2020 by International Finance Business DeskApril 17, 2020April 20, 2020 Petrofac's scope of work in the project was valued at $1.5billion... Read more
FeaturedOil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Aramco slashed its selling price for Asian buyers by $4.20 per barrel... Read more
FeaturedOil & GasAdnoc to continue investments to achieve 2030 targetsInternational Finance Business DeskApril 6, 2020 by International Finance Business DeskApril 6, 2020 Adnoc wants to produce 5 million barrels of oil per day by 2030... Read more
FeaturedOil & GasCoronavirus, oil price war take its toll on African oil producersInternational Finance Business DeskMarch 30, 2020 by International Finance Business DeskMarch 30, 2020 Recently, Congo reached out to OPEC for an emergency meeting to find a way to keep member nations from sinking into recession... Read more
FeaturedOil & GasAdnoc awards contracts worth $1.65 bn for gas development projectsPritam BordoloiMarch 19, 2020 by Pritam BordoloiMarch 19, 2020 The contracts are awarded to Petrofac and a JV between Petrofac and Sapura Energy... Read more
FeaturedOil & GasAdnoc to supply over 4 mn bpd from April as global oil price plungesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030... Read more
FeaturedOil & GasAdnoc to invest upto Dh1.5 bn to set up 60 new gas stations in DubaiInternational FinanceFebruary 13, 2020March 18, 2020 by International FinanceFebruary 13, 2020March 18, 2020 Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company... Read more