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ADNOC INVESTMENT
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrelsIndia and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...- New UAE oil pipeline bypassing Hormuz 50% complete ahead of 2027 startIran, which has attacked vessels to assert control over the Strait, has expanded its definition of the waterway to include the UAE's Gulf o...
- India, UAE bolster defence, energy & infra partnershipIn a landmark move towards deeper collaboration, India and the UAE have inked multiple agreements focusing on defense, energy, and infrastr...
- From Chennai to Abu Dhabi: How Indian manufacturers are breaking into the Middle East’s oil supply chainIndian engineering firms are now entering the Middle East's oil and gas supply chains. Global energy companies are broadening their supplie...
- UAE defends OPEC exit; Warns Hormuz must stay open amid West Asia tensionsThe UAE has exited OPEC and OPEC+ stating it is a sovereign decision. This comes after an ADNOC tanker was hit by Iranian drones in the Str...
- UAE oil giant ADNOC pledges $55 billion in new projects by 2028: statementThe Abu Dhabi National Oil Company on Sunday pledged to spend $55 billion on new projects over the next two years, just days after the Unit...
- OPEC+ to make first post-UAE production decisionSeven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle Eas...
- ADNOC gets CCI clearance to acquire Covestro for USD 16.4 billionIndia's competition watchdog, CCI, has greenlit Abu Dhabi National Oil Company's (ADNOC) substantial $16.4 billion acquisition of Covestro,...
- Abu Dhabi's ADNOC, AI firm G42 plan IPO of technology joint venture AIQShares of artificial intelligence firms have helped lead an equity rally in the U.S. market this year after U.S. firm OpenAI, the owner of ...
- 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...
- 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 ...
- Reliance Industries announce mega petrochemical joint venture with ADNOC in UAEThis deal comes to a close nearly 1.5 years after both companies had signed a broad framework agreement and will be the largest investment ...
- Reliance signs pact to invest in Abu Dhabi petrochemical hub"Abu Dhabi National Oil Company (ADNOC) today announced that Reliance has signed an agreement to join a new world-scale chlor-alkali, ethyl...
- 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 $...
- Abu Dhabi Pension Fund, ADQ to invest $2.1 billion in ADNOC gas assetsADQ, which was established in 2018, owns assets such as Abu Dhabi Ports, Abu Dhabi Airport and bourse operator ADX.
- Adani partners UAE's Adnoc, Germany's BASF for $4 billion chemical ventureThe total investment for establishment of the chemical complex in Gujarat's Mundra is estimated to be up to $4 billion (about Rs 28,400 cro...
- Abu Dhabi oil company hires India's strategic oil storageADNOC had in February this year signed a pact to fill half of the 1.5 MT strategic oil storage at Mangalore. On Monday it signed a similar ...
- Abu Dhabi oil giant signs pact to take stake in Ratnagiri refinery projectAbu Dhabi National Oil Company signed an initial agreement to pick up a stake in the planned USD 44-billion refinery project in Ratnagiri, ...
- India wins piece of Abu Dhabi oil with stake in $6 billion fieldThe Indian companies will pay $600 million to Abu Dhabi for their stake in the field, according to the statement, putting the overall value...
- Government approves oil storage pact with ADNOCThe ex-post facto approval for signing of the definitive agreement was approved by the Cabinet chaired by Prime Minister Narendra Modi.
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