Company Insights Adnoc Oil & Gas Adnoc News Sustainability Adnoc and Santos link up to work on net zero goals Abu Dhabi oil major Adnoc and Australia’s Santos have signed an agreement to develop a joint global carbon management platform aimed at decarbonising markets in the Asia-Pacific region. The companies will also work together on carbon capture and storage (CCS) technologies. In addition, Adnoc and Santos will jointly explore the development of a carbon dioxide shipping […] November 22, 2023 Opinion Sustainability This year’s Cop will be the most complex yet The UAE’s Cop28 agenda will tackle thorny but imperative issues November 20, 2023 Sustainability UAE may revise climate strategy after subpar ranking The UAE is keen to update its strategy on climate change after an independent research group ranked it “insufficient”, the Gulf state’s climate change and environment minister Mariam Almheiri has said. “Going from highly insufficient to insufficient was, let’s say, a step in the right direction, but we’re still striving for more,” Almheiri told reporters, […] November 16, 2023 Oil & Gas Adnoc says revised emissions target is ‘strong step’ forward Adnoc, the Abu Dhabi National Oil Company, aims to be “net-zero operations” in terms of greenhouse gas emissions by 2045, five years earlier than originally planned. The government-owned energy company is investing billions of dollars to cut its in-house carbon emissions. Crucially, its targets exclude emissions created by customers consuming its oil and gas, although […] November 15, 2023 Oil & Gas Hydrocarbon has role in ‘fair’ energy transition, says Adnoc Adnoc believes hydrocarbons will play a role in the energy transition despite their contribution to climate change, the Abu Dhabi state oil company has told AGBI. “All credible energy outlooks” show that “both renewable and conventional energy will continue to be needed to ensure a fair and responsible energy transition,” said a spokesperson. “We recognise […] November 15, 2023 Energy Adnoc Gas earnings take a hit on lower prices Adnoc Gas, a unit of state-owned Abu Dhabi National Oil Company (Adnoc), said net profit for the third quarter of 2023 declined four percent year on year on lower prices due to geo-political pressures. Net profit for the July to September quarter reached $1.12 billion. Revenue slipped 12 percent year on year to $5.81 billion. […] November 15, 2023 Energy Adnoc Drilling Q3 profit rises 36% Adnoc Drilling reported a 36 percent rise in net profit for the third quarter of 2023, driven by strong top-line growth and effective cost-management initiatives. Adnoc Drilling is the drilling arm of the Abu Dhabi state oil company Adnoc. Net earnings for the period reached $257 million (AED943.96 million) in the quarter ended September 2023, […] November 14, 2023 Opinion Oil & Gas The tantalising prospect of a global decarbonisation alliance Cop28 has the chance to change perceptions of the hydrocarbon industry November 13, 2023 DUBAI AIRSHOW Aviation Aviation in struggle to reach net zero targets Gulf commercial airlines have committed to achieving net zero emissions by 2050 by switching to sustainable aviation fuels, adopting new technologies and buying carbon offsets, among other measures. But they face challenges in doing so. The aviation industry hopes measures such as these will enable it to realise two seemingly conflicting ambitions: doubling the volume […] November 12, 2023 Energy Adnoc Drilling’s new JV targets $1.5bn investments Adnoc Drilling Company and Alpha Dhabi Holding have agreed to establish a joint venture to invest up to AED5.5 billion ($1.5 billion) to acquire companies in the oilfield services (OFS) and energy sectors. A subsidiary of Abu Dhabi National Oil Company (Adnoc) and listed on the Abu Dhabi Exchange (ADX), Adnoc Drilling will own 51 […] November 12, 2023 Posts navigation Previous 1 … 27 28 29 … 48 Next
Sustainability Adnoc and Santos link up to work on net zero goals Abu Dhabi oil major Adnoc and Australia’s Santos have signed an agreement to develop a joint global carbon management platform aimed at decarbonising markets in the Asia-Pacific region. The companies will also work together on carbon capture and storage (CCS) technologies. In addition, Adnoc and Santos will jointly explore the development of a carbon dioxide shipping […] November 22, 2023
Opinion Sustainability This year’s Cop will be the most complex yet The UAE’s Cop28 agenda will tackle thorny but imperative issues November 20, 2023
Sustainability UAE may revise climate strategy after subpar ranking The UAE is keen to update its strategy on climate change after an independent research group ranked it “insufficient”, the Gulf state’s climate change and environment minister Mariam Almheiri has said. “Going from highly insufficient to insufficient was, let’s say, a step in the right direction, but we’re still striving for more,” Almheiri told reporters, […] November 16, 2023
Oil & Gas Adnoc says revised emissions target is ‘strong step’ forward Adnoc, the Abu Dhabi National Oil Company, aims to be “net-zero operations” in terms of greenhouse gas emissions by 2045, five years earlier than originally planned. The government-owned energy company is investing billions of dollars to cut its in-house carbon emissions. Crucially, its targets exclude emissions created by customers consuming its oil and gas, although […] November 15, 2023
Oil & Gas Hydrocarbon has role in ‘fair’ energy transition, says Adnoc Adnoc believes hydrocarbons will play a role in the energy transition despite their contribution to climate change, the Abu Dhabi state oil company has told AGBI. “All credible energy outlooks” show that “both renewable and conventional energy will continue to be needed to ensure a fair and responsible energy transition,” said a spokesperson. “We recognise […] November 15, 2023
Energy Adnoc Gas earnings take a hit on lower prices Adnoc Gas, a unit of state-owned Abu Dhabi National Oil Company (Adnoc), said net profit for the third quarter of 2023 declined four percent year on year on lower prices due to geo-political pressures. Net profit for the July to September quarter reached $1.12 billion. Revenue slipped 12 percent year on year to $5.81 billion. […] November 15, 2023
Energy Adnoc Drilling Q3 profit rises 36% Adnoc Drilling reported a 36 percent rise in net profit for the third quarter of 2023, driven by strong top-line growth and effective cost-management initiatives. Adnoc Drilling is the drilling arm of the Abu Dhabi state oil company Adnoc. Net earnings for the period reached $257 million (AED943.96 million) in the quarter ended September 2023, […] November 14, 2023
Opinion Oil & Gas The tantalising prospect of a global decarbonisation alliance Cop28 has the chance to change perceptions of the hydrocarbon industry November 13, 2023
DUBAI AIRSHOW Aviation Aviation in struggle to reach net zero targets Gulf commercial airlines have committed to achieving net zero emissions by 2050 by switching to sustainable aviation fuels, adopting new technologies and buying carbon offsets, among other measures. But they face challenges in doing so. The aviation industry hopes measures such as these will enable it to realise two seemingly conflicting ambitions: doubling the volume […] November 12, 2023
Energy Adnoc Drilling’s new JV targets $1.5bn investments Adnoc Drilling Company and Alpha Dhabi Holding have agreed to establish a joint venture to invest up to AED5.5 billion ($1.5 billion) to acquire companies in the oilfield services (OFS) and energy sectors. A subsidiary of Abu Dhabi National Oil Company (Adnoc) and listed on the Abu Dhabi Exchange (ADX), Adnoc Drilling will own 51 […] November 12, 2023
