Company Insights Adnoc Oil & Gas Adnoc News Analysis Oil & Gas Saudi Arabia and Abu Dhabi bet on crude-to-chemicals Saudi Arabia and Abu Dhabi’s state-run oil companies both want to expand their chemicals production capacity in a strategic shift that will have huge implications for a petrochemicals industry already suffering from its lowest margins in two decades. Saudi Aramco and Abu Dhabi National Oil Co (Adnoc) together provide around almost half of Opec’s crude […] August 18, 2023 Oil & Gas Adnoc Gas signs 5-year LNG supply pact with Japex Adnoc Gas, a subsidiary of Abu Dhabi National Oil Company (Adnoc), has signed a five-year liquefied natural gas (LNG) supply agreement with Japan Petroleum Exploration Co Ltd (Japex). The agreement is valued between $450-$550 million (AED1.65-2 billion), the company said in a filing published on the Abu Dhabi Securities Exchange on Thursday. Ahmed Alebri, CEO […] August 17, 2023 Opinion Energy Adnoc and Occidental team up to capture carbon dioxide The Gulf has ideal conditions for the vital new technology of direct air capture August 15, 2023 Energy India and UAE close first crude deal in local currencies India and the UAE have concluded the first-ever crude oil transaction through local currencies between Abu Dhabi National Oil Company (Adnoc) and Indian Oil Corporation. The transaction involved the sale of one million barrels of crude oil through the newly implemented local currency settlement system, Asian News Agency reported, citing a statement from India’s embassy […] August 15, 2023 Renewable Energy Adnoc Drilling expects hybrid rigs to cut emissions Investment in hybrid power solutions could cut Adnoc Drilling’s CO2 emissions by as much as 20 percent. The largest national driller for oil in the Middle East is seeking to slash its carbon intensity by a quarter by 2030. The company is set to have more than 140 rigs in operation in the next 18 […] August 14, 2023 Energy Adnoc Drilling efficiency drive targets recruitment Recruitment plans by Adnoc Drilling are under review as the Abu Dhabi company strives to hit its efficiency targets. A subsidiary of Abu Dhabi National Oil Company (Adnoc) and listed on the Abu Dhabi Exchange (ADX), Adnoc Drilling reported a 13 percent increase in revenues for the first half of the year as profits reached […] August 14, 2023 Sustainability Developer’s out-of-this-world solution to greener cooling Floating around in a space station is the ultimate in circular living. Everything from air to food to waste has to be reused or recycled, and all stored within the same tiny enclosed location. For air conditioning, Nasa made use of a novel system that was more effective in getting rid of flammable gases as […] August 14, 2023 Energy Taqa profits down 17% despite rising revenue Abu Dhabi National Energy Company (Taqa) said net profit for the second quarter of 2023 fell 17 percent to AED1.92 billion ($523 million) from SAR2.31 billion a year ago. With assets estimated at AED200 billion, Taqa is the third largest listed company in the UAE and one of the top 10 utilities in Europe, the […] August 14, 2023 Analysis Energy Carbon capture and storage cheaper in Gulf Carbon capture and storage in the Gulf is considerably cheaper than in many regions including Europe, although there are several other variables that determine the overall cost of cutting CO2 emissions from industrial activity. Carbon capture and storage (CCS) will account for 20 percent of the emissions reductions needed to achieve global net zero by […] August 11, 2023 Analysis Oil & Gas Gulf geology ideal for carbon capture, say experts The Gulf’s geology and decades-old oil and gas industry could enable the region to become a world leader in carbon capture, utilisation and storage (CCUS), experts believe. Gulf oil producers have been using carbon dioxide (CO2) capture technology for more than 40 years to remove the compound from natural gas before it is shipped for […] August 10, 2023 Posts navigation Previous 1 … 31 32 33 … 47 Next
Analysis Oil & Gas Saudi Arabia and Abu Dhabi bet on crude-to-chemicals Saudi Arabia and Abu Dhabi’s state-run oil companies both want to expand their chemicals production capacity in a strategic shift that will have huge implications for a petrochemicals industry already suffering from its lowest margins in two decades. Saudi Aramco and Abu Dhabi National Oil Co (Adnoc) together provide around almost half of Opec’s crude […] August 18, 2023
Oil & Gas Adnoc Gas signs 5-year LNG supply pact with Japex Adnoc Gas, a subsidiary of Abu Dhabi National Oil Company (Adnoc), has signed a five-year liquefied natural gas (LNG) supply agreement with Japan Petroleum Exploration Co Ltd (Japex). The agreement is valued between $450-$550 million (AED1.65-2 billion), the company said in a filing published on the Abu Dhabi Securities Exchange on Thursday. Ahmed Alebri, CEO […] August 17, 2023
Opinion Energy Adnoc and Occidental team up to capture carbon dioxide The Gulf has ideal conditions for the vital new technology of direct air capture August 15, 2023
Energy India and UAE close first crude deal in local currencies India and the UAE have concluded the first-ever crude oil transaction through local currencies between Abu Dhabi National Oil Company (Adnoc) and Indian Oil Corporation. The transaction involved the sale of one million barrels of crude oil through the newly implemented local currency settlement system, Asian News Agency reported, citing a statement from India’s embassy […] August 15, 2023
Renewable Energy Adnoc Drilling expects hybrid rigs to cut emissions Investment in hybrid power solutions could cut Adnoc Drilling’s CO2 emissions by as much as 20 percent. The largest national driller for oil in the Middle East is seeking to slash its carbon intensity by a quarter by 2030. The company is set to have more than 140 rigs in operation in the next 18 […] August 14, 2023
Energy Adnoc Drilling efficiency drive targets recruitment Recruitment plans by Adnoc Drilling are under review as the Abu Dhabi company strives to hit its efficiency targets. A subsidiary of Abu Dhabi National Oil Company (Adnoc) and listed on the Abu Dhabi Exchange (ADX), Adnoc Drilling reported a 13 percent increase in revenues for the first half of the year as profits reached […] August 14, 2023
Sustainability Developer’s out-of-this-world solution to greener cooling Floating around in a space station is the ultimate in circular living. Everything from air to food to waste has to be reused or recycled, and all stored within the same tiny enclosed location. For air conditioning, Nasa made use of a novel system that was more effective in getting rid of flammable gases as […] August 14, 2023
Energy Taqa profits down 17% despite rising revenue Abu Dhabi National Energy Company (Taqa) said net profit for the second quarter of 2023 fell 17 percent to AED1.92 billion ($523 million) from SAR2.31 billion a year ago. With assets estimated at AED200 billion, Taqa is the third largest listed company in the UAE and one of the top 10 utilities in Europe, the […] August 14, 2023
Analysis Energy Carbon capture and storage cheaper in Gulf Carbon capture and storage in the Gulf is considerably cheaper than in many regions including Europe, although there are several other variables that determine the overall cost of cutting CO2 emissions from industrial activity. Carbon capture and storage (CCS) will account for 20 percent of the emissions reductions needed to achieve global net zero by […] August 11, 2023
Analysis Oil & Gas Gulf geology ideal for carbon capture, say experts The Gulf’s geology and decades-old oil and gas industry could enable the region to become a world leader in carbon capture, utilisation and storage (CCUS), experts believe. Gulf oil producers have been using carbon dioxide (CO2) capture technology for more than 40 years to remove the compound from natural gas before it is shipped for […] August 10, 2023
