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Adnoc

East-West Pipeline - Energy News Beat
International News

UAE’s Mubadala May Join $12 Billion Aramco Oil Pipelines Deal

April 11, 2021 Stu Turley

An Abu Dhabi sovereign wealth fund may join a group investing in Saudi Aramco’s oil pipelines, in a deal set to be backed by a loan of around $10.5 billion. Mubadala Investment Co., a fund […]

ADNOC -energynewsbeat.com
Finance

Abu Dhabi oil giant ADNOC considers IPO of drilling business

April 9, 2021 Stu Turley

Abu Dhabi National Oil Company (ADNOC) is considering listing its drilling business on the local stock market, according to three sources familiar with the matter. The state oil giant says its drilling company is the largest […]

Mohammed bin Zayed al-Nahyan - Energy News Beat
Crude Oil News

Abu Dhabi appoints Adnoc board and executive committee

February 28, 2021 Stu Turley

The use of an executive committee is usually to expedite decision making and maintain oversight over the day to day management on a regular basis. In Adnoc’s case, the formation of the board and committee […]

ADNOC_City-Energy News Beat
Downstream

ADNOC merges its downstream and trading units

January 18, 2021 Stu Turley

ADNOC Group has merged its downstream unit with its trading arm, creating the Downstream Industry, Marketing & Trading Directorate. When revealing the news, ADNOC said that the new unit would be “a critical enabler of […]

ADNOC - Energy News Beat
Downstream

Abu Dhabi state firms to collaborate on hydrogen

January 17, 2021 Stu Turley

Three of Abu Dhabi’s biggest state-owned companies — Adnoc, Mubadala Investment and Abu Dhabi Development Holding (ADQ) — have signed an agreement to establish the ‘Abu Dhabi Hydrogen Alliance’ to develop low-carbon hydrogen fuel in […]

Saudi crude keeps flowing to Red Sea as East-West Pipeline repairs continue - Energy News Beat
Crude Oil News

Saudi Aramco Seeks $7.5 Billion Loan for Pipeline Investors

January 12, 2021 Stu Turley

Saudi Aramco is lining up a loan of about $7.5 billion for potential investors in its oil pipelines, according to people familiar with the matter. The world’s biggest oil producer has begun talks with lenders to […]

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