Browsing: ADNOC

Abu Dhabi’s state-owned energy giant, ADNOC, has completed its first transactions using the S&P Global Platts pricing mechanism for Dubai crude, an uncommon move for a Middle Eastern producer.

ADNOC’s joint venture, Borouge, is making a significant move to strengthen its position in the…

The Department of Energy (DoE) hosted the Abu Dhabi Energy and Water Forum, drawing participation from senior officials and representatives of various government and private sector organizations in the Emirate of Abu Dhabi.

The Abu Dhabi National Oil Company (Adnoc) has announced its plan to offer 3.1 billion…

ADNOC Group’s listed companies reported AED 182.4B (USD 49.7B) in revenue for 2024, with EBITDA reaching AED 58.7B (USD 16B) and net profit exceeding AED 33B (USD 9B). The six firms plan to distribute AED 24.6B (USD 6.7B) in dividends, subject to shareholder approval, reinforcing their strategies for sustainable growth and shareholder returns.

Abu Dhabi-listed Borouge has reported a strong financial performance for the fourth quarter of 2024,…

Abu Dhabi National Oil Company (ADNOC) has confirmed ongoing negotiations with Austria’s OMV to establish…

TA’ZIZ has awarded a USD 1.7B (AED 6.2B) engineering, procurement, and construction (EPC) contract to SAMSUNG E&A for the development of one of the world’s largest methanol plants in Al Ruwais Industrial City, located in Abu Dhabi’s Al Dhafra region.

Abu Dhabi National Oil Company (Adnoc) has maintained its position as the UAE’s most valuable brand for the seventh year in a row, with a brand value of USD 18.9 billion. Apple continues to hold the title of the world’s most valuable brand, according to a recent report by consultancy firm Brand Finance.

Adnoc has signed its third Sales and Purchase Agreement (SPA) for the Ruwais lower-carbon liquefied natural gas (LNG) project with Germany’s EnBW Energie Baden-Württemberg AG, a leading European energy infrastructure operator.