Tag : ADNOC

Business

ADNOC Gas posts resilient Q1 profit despite disruption

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ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company...
News

UAE and Austria deepen strategic partnership talks

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ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Austrian Chancellor Christian Stocker in Abu Dhabi on Friday for talks focused on the two countries’ Comprehensive Strategic Partnership...
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

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ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind...
Business

ADNOC LNG supply to boost India’s energy security

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The Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation Ltd (IndianOil) for the supply of...
Business

Global energy tech market to hit $2.1 trillion by 2035

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The global market for five key energy technologies electric vehicles, electrolysers, heat pumps, solar photovoltaic systems, and wind turbines is projected to surge to approximately...
Featured News

ADNOC L&S completes $1.04 billion acquisition of 80% stake in Navig8

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ADNOC Logistics and Services plc (ADNOC L&S) has finalized the acquisition of an 80% stake in Navig8 TopCo Holdings Inc. (Navig8) for $1.04 billion (AED...
Featured News

ADNOC L&S acquires 20 offshore assets in growth strategy

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ADNOC Logistics & Services Plc (ADNOC L&S) has significantly expanded its offshore operations in 2024, acquiring 20 new offshore assets and securing contracts for 19...
Business

Adnoc Gas awards contract for Bab Gas Cap gas facilities design

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MENA Newswire News Desk: ADNOC Gas plc has awarded the Front-End Engineering and Design (FEED) contract for new gas processing facilities at the Bab Gas...
Business

ADNOC’s UAE sustainable energy and local manufacturing drive

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In a significant gathering at the ADNOC Headquarters, UAE President Sheikh Mohamed bin Zayed Al Nahyan chaired the annual ADNOC Board of Directors Meeting. During...