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ADNOC DRILLING
Dubai index slides 4% as oil soars on escalating Iran conflictUAE stock markets saw a sharp decline early Monday. This downturn extended previous losses. The US-Israeli conflict with Iran is widening. ...- India saves $19.3 bn in forex via ethanol blending; eyes 100 GW nuclear by 2047: PuriIndia is advancing its energy goals. Ethanol blending is achieving significant success, saving foreign exchange and benefiting farmers. The...
- World divided at COP28 over whether to end fossil fuel eraBurning fossil fuels for energy is by far the biggest cause of climate change. It is also the engine of modern life - even with the growth ...
- Climate contradictions key at UN talks. Less future warming projected, yet there's more current painDubai hosts United Nations talks for a global stock take on the progress of the Paris climate agreement. The latest assessments show that t...
- Abu Dhabi's ADNOC looks to raise up to $2 bln from IPO of gas unitCompanies from the Middle East raised some $21.9 billion through IPOs in 2022, more than half the total for the wider EMEA region, which al...
- India advises against sales of oil reserves: Adipec UpdateThe country’s petroleum minister, Hardeep Singh Puri, spoke Tuesday with Bloomberg at the Adipec conference in Abu Dhabi. The comments come...
- FTSE adds ADNOC Drilling to three of its global equity indicesADNOC Drilling has been added to the FTSE Global Large Cap Index, the FTSE Emerging Index, and the FTSE All-World Index, it said in a state...
- ADNOC Drilling starts trading with $10 billion market capThe IPO is the latest move by Gulf oil giants ADNOC and Saudi Aramco to raise cash from outside investors as they try to diversify sources ...
- Saudi Aramco to sell more assets in multi-billion dollar pushThe Saudi Arabian state-controlled firm created a new team to review its assets last year, soon after the coronavirus pandemic triggered a ...
- Abu Dhabi's ADNOC invites banks to pitch for bookrunner roles for drilling unit IPOADNOC is planning to take the unit public in the third quarter, they added. One of the sources previously said ADNOC could raise at least $...
- Middle East Crude-ADNOC cuts Oct term supply; Aramco may cut Oct OSPsTop oil exporter Saudi Arabia is expected to cut its crude oil official selling prices (OSPs) for Asian buyers for a second straight month,...
- Oil falls as Saudi, UAE plan for higher output capacityBrent crude was down $1.01, or 2.7%, at $36.21 per barrel by 11:01 ET (1601 GMT), while U.S. West Texas Intermediate (WTI) crude was off 92...
- Oil PSUs mulling to acquire stake in oil field in UAE: Utpal BoraOn the production front, he said this year OIL is expected to produce about 3.35 million tonnes of oil. Last year it achieved 3.28 million ...
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