Browsing: hydrocarbon reserves

President His Highness Sheikh Mohamed bin Zayed Al Nahyan chaired the annual ADNOC Board of Directors meeting, held at ADNOC Headquarters. The board directed ADNOC to pursue Net Zero emissions by 2050, supporting the UAE’s strategic initiative.

Kuwait Petroleum Corporation (KPC) announced on Sunday that it had discovered a significant amount of oil in the Al Nokhatha field east of the Kuwaiti island of Failaka, estimating the reserves at 3.2 billion barrels.