Arcius Energy acquires North El Burg concession in Egypt
Arcius Energy, a joint venture between BP and ADNOC’s affiliate XRG, has acquired on Wednesday full production and…
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ADNOC
Egypt, ADNOC discuss Arcius Energy’s plans to double gas output in 5–7 years
Egypt’s Petroleum Minister Karim Badawy met on Tuesday with executives from Abu Dhabi National Oil Company (ADNOC)…
Egypt eyes new UAE energy investments
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi held talks in Abu Dhabi with Sultan Ahmed Al Jaber…
Egypt expects over $700m in oil, gas investments
Egypt is expecting investments exceeding $700 million in oil and gas exploration following the closure of bidding…
UAE’s ADNOC announces separate low-carbon firm
Abu Dhabi National Oil Company (ADNOC), the UAE’s largest oil producer, announced the creation of XRG, a new…
ADNOC to acquire Covestro AG for AED254 per share
ADNOC International Limited (ADNOC International) has entered into an investment agreement with Covestro AG, a…
ADNOC, IndianOil sign 15-yr LNG agreement
ADNOC has signed a 15-year Heads of Agreement with IndianOil for the supply of 1 million metric tonnes per annum…
ADNOC, PETRONAS, Storegga partner for Malaysia CO2 storage
ADNOC, PETRONAS, and Storegga have signed a Joint Study and Development Agreement (JSDA) to assess and develop…
UAE’s ADNOC boosts SARB field output 25%
ADNOC’s offshore Satah Al Razboot (SARB) field has achieved a 25 per cent increase in production capacity, reaching…
Murban Crude trading hits record high in Q2
Intercontinental Exchange, Inc. announced record trading activity for Murban crude in the second quarter of 2024.