ADNOC

UAE investing in Azerbaijan's gas field

UAE investing in Azerbaijan's gas field

The deal to sell part of the interest of TotalEnergies and Azerbaijan’s state oil company SOCAR to Abu Dhabi National Oil Company (ADNOC ) in Absheron gas field will further strengthen the strategic relationship between the UAE and …

New chemicals giant may be formed

New chemicals giant may be formed

Abu Dhabi is discussing with Austria's OMV the combination of two major chemicals and plastics companies in which they have interests, a source told Reuters. State-run …

UAE discovers three new oil reserves

UAE discovers three new oil reserves

Abu Dhabi National Oil Company (ADNOC) on Thursday announced three oil discoveries including one at Bu Hasa, Abu Dhabi’s biggest onshore field, with a crude oil production capacity of 650,000 barrels per day (bpd), the company said on …