Saturday 23 May 2015
 
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Adnoc

Adnoc seeks 240,000 tonnes gasoline for delivery in July

Abu Dhabi National Oil Co (Adnoc) is seeking 240,000 tonnes of gasoline for delivery in July, adding to an earlier tender seeking cargoes for June, a tender document showed on Friday. This is expected to further boost Asian gasoli

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Adnoc capex to hit $100bn in four years

The Abu Dhabi National Oil Company (Adnoc) will spend more than $100 billion in the next four years on increasing its oil production capacity and building other oil and gas facilities, a senior official said. The company is on tra

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Adnoc cuts Ruwais refinery run rates after start-up problems

State-owned Abu Dhabi National Oil Co (Adnoc) has lowered the operating rate at its newly expanded Ruwais refinery to about 50 per cent after a new unit encountered start-up problems, industry sources said.   The

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Adnoc raises April Murban crude price, keeps premium to Saudi oil

Abu Dhabi National Oil Company (Adnoc) raised the retroactive prices of crude sold to Asia in April, after robust demand pushed up spot premiums for its grades.   Prices were also boosted by a cut in supply of fl

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Inpex wins 5pc stake in new Abu Dhabi concession

Abu Dhabi National Oil Company (Adnoc) said on Monday it had granted Japan's Inpex Corp a 5 per cent stake in a new 40-year concession, making it the first Asian firm to help operate the UAE's biggest oilfields after decades-long partner

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Inpex in talks for new Abu Dhabi concession

Japanese oil and gas developer Inpex Corp is in final adjustments to obtain a 5 per cent stake in a new concession to help operate the United Arab Emirates' biggest oilfields for $1.1 billion, public broadcaster NHK said on Monday.

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Abu Dhabi to invest $25bn in offshore oilfields

Abu Dhabi plans to invest over $25 billion in the next five years on boosting its oil production capacity from offshore fields, a senior official of Abu Dhabi National Oil Co (Adnoc) said on Tuesday. The plan is part of the United

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Adnoc to ramp up run rate at newly expanded Ruwais refinery by June

State-owned Abu Dhabi National Oil Co (Adnoc) is expected to ramp up run rates and have all of the units at its newly expanded Ruwais refinery operating by June, industry sources said.   The expanded refinery, wh

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Adnoc set to start oil product deliveries to Egypt

State-run Abu Dhabi National Oil Company (Adnoc) will start monthly deliveries of $400 million of petroleum products to Egypt from next week until the end of October, a source at the state-owned Egyptian General Petroleum Corporation (EGPC) said

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Adnoc sells naphtha below market rate from Ruwais

Abu Dhabi National Oil Co (Adnoc) has sold about 125,000 tonnes of naphtha to Vitol at premiums that were at least $10 below the market rate of $28 a tonne to Middle East quotes on a free-on-board (FOB) basis, traders said on Friday.

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