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 DubaiBharath KumarFebruary 13, 2020March 18, 2020 by Bharath KumarFebruary 13, 2020March 18, 2020 Currently, the majority of gas stations located in Dubai are operated by Emirates National Oil Company... Read more
FeaturedOil & Gas2030: Adnoc to cut greenhouse gas emissions by 25%Pritam BordoloiFebruary 11, 2020February 11, 2020 by Pritam BordoloiFebruary 11, 2020February 11, 2020 ADNOC is already among the five lowest carbon emitters in the oil and gas industry... Read more
FeaturedOil & GasAdnoc’s $15 bn pipeline sale attracts BlackRock, KKRPritam BordoloiJanuary 30, 2020 by Pritam BordoloiJanuary 30, 2020 Adnoc plans to sell a 49% stake in its natural gas pipeline unit for $15 bn... Read more
EnergyFeaturedAdnoc, Eni to tap into new opportunities in oil and gas sectorBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 They will explore opportunities in carbon capture utilisation and storage as well as research and development... Read more
FeaturedOil & GasAdnoc lures foreign investors to explore new financing optionsBharath KumarJanuary 16, 2020March 18, 2020 by Bharath KumarJanuary 16, 2020March 18, 2020 The oil giant has raised more than $19 billion from foreign investors in the last three years... Read more
Oil & GasAramco-Adnoc refinery in India to cost 2X of estimated pricePritam BordoloiNovember 29, 2019 by Pritam BordoloiNovember 29, 2019 The initial estimated cost was $44n, however, now the refinery will be developed with an investment of $70 bn... Read more
Oil & GasAdnoc eyes $45 bn downstream investment in India, ChinaPritam BordoloiNovember 15, 2019January 24, 2020 by Pritam BordoloiNovember 15, 2019January 24, 2020 The oil giant is also looking to develop refining and petrochemical facilities in the UAE... Read more