Saturday 4 July 2015
 
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Innovation ‘key to achieving progress in energy sector’

Innovation is key to achieving progress in the energy sector in today’s economic environment, according to Abu Dhabi industry leaders. As regional and global oil and gas companies continue to submit their nominations for the

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Adnoc finalises July-June diesel term contract

State-owned Abu Dhabi National Oil Co (Adnoc) has finalised its July 2015 to June 2016 diesel term contract with several buyers, traders said on Friday. The UAE company has finalised the term contracts at a premium of $2.35 a barr

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1,500 professionals discuss energy innovations

More than 1,500 research and industry professionals are taking part in the Abu Dhabi International Research and Development Conference and Exhibition (Adrac), which opened in the UAE capital today (May 24). They are discussing the

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1,500 professionals discuss energy innovations

More than 1,500 research and industry professionals are taking part in the Abu Dhabi International Research and Development Conference and Exhibition (Adrac), which opened in the UAE capital today (May 24). They are discussing the

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Adnoc seeks 240,000 tonnes gasoline for delivery in July

Abu Dhabi National Oil Co (Adnoc) is seeking 240,000 tonnes of gasoline for delivery in July, adding to an earlier tender seeking cargoes for June, a tender document showed on Friday. This is expected to further boost Asian gasoli

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Adnoc capex to hit $100bn in four years

The Abu Dhabi National Oil Company (Adnoc) will spend more than $100 billion in the next four years on increasing its oil production capacity and building other oil and gas facilities, a senior official said. The company is on tra

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Adnoc cuts Ruwais refinery run rates after start-up problems

State-owned Abu Dhabi National Oil Co (Adnoc) has lowered the operating rate at its newly expanded Ruwais refinery to about 50 per cent after a new unit encountered start-up problems, industry sources said.   The

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Adnoc raises April Murban crude price, keeps premium to Saudi oil

Abu Dhabi National Oil Company (Adnoc) raised the retroactive prices of crude sold to Asia in April, after robust demand pushed up spot premiums for its grades.   Prices were also boosted by a cut in supply of fl

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Inpex wins 5pc stake in new Abu Dhabi concession

Abu Dhabi National Oil Company (Adnoc) said on Monday it had granted Japan's Inpex Corp a 5 per cent stake in a new 40-year concession, making it the first Asian firm to help operate the UAE's biggest oilfields after decades-long partner

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Inpex in talks for new Abu Dhabi concession

Japanese oil and gas developer Inpex Corp is in final adjustments to obtain a 5 per cent stake in a new concession to help operate the United Arab Emirates' biggest oilfields for $1.1 billion, public broadcaster NHK said on Monday.

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