Abu Dhabi (Al Ittihad) ADNOC Distribution announced its plans to reduce the intensity of its carbon emissions by 25% by 2030 by focusing on the sustainability of its daily operations, to enhance its business and future competitiveness and achieve long-term sustainable value for its shareholders.In its endeavor to promote and drive sustainable growth in its … Read more
Friday, January 20, 2023 – 10:46 AM The company plans to reduce its carbon emissions through several initiatives, such as installing solar panels at its stations, and relying on biofuels to operate its fleet of vehicles. ADNOC Distribution becomes the first retail fuel distribution company in the UAE to obtain financing linked to specific sustainability … Read more
Sharjah24 – WAM: ADNOC today announced a partnership with the Fujairah Natural Resources Corporation (FNRC), Abu Dhabi Future Energy Company (Masdar) and 44.01 to pilot technology that permanently mineralises carbon dioxide (CO2) within rock formations found in the Emirate of Fujairah. The announcement was made at the Abu Dhabi Sustainability Week (ADSW). The project, due … Read more
The chairman of the Emirati state oil company ADNOC is to lead the upcoming world climate conference COP28 in Dubai as president. Sultan al-Jabir, who is also industry minister of the United Arab Emirates, has more than two decades of experience as managing director and in leading government positions, the state agency WAM reported on … Read more
(MENAFNADNOC, the reliable and responsible provider of low-emissions energy, revealed the establishment of “ADNOC Gas”, a new global company, for the processing and marketing of gas, which started its work on January 1, and the new company combines the operations, maintenance and marketing of the two “ADNOC Gas Processing” companies. And ADNOC LNG is a … Read more
Subscribe for free to Al Diyar YouTube channel ADNOC revealed the establishment of ADNOC Gas, a new global gas processing and marketing company, which began operations on May 1, 2023. The new company combines the operations, maintenance and marketing operations of ADNOC Gas Processing and ADNOC LNG into a unified global company. In the market. … Read more
Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company (ADNOC) intends to acquire a 24.9% stake in the Austrian energy and chemicals group “OMV” (OMV). The market value of the stake is around 3.8 billion euros ($4 billion), according to Bloomberg. The stake is owned by Mubadala Investment Company, one of the sovereign funds … Read more
With this step, Adnoc, one of the world’s largest oil producers, will also strengthen itself in the chemical sector. It was not until the spring that Adnoc and Mubadala agreed that Adnoc would take over the 25 percent stake in the petrochemical group Borealis, in which OMV holds a 75 percent stake. At the state-owned … Read more
ADNOC Drilling has acquired two new self-elevating offshore rigs, at a value of 734.7 million dirhams, to support the achievement of ADNOC’s ambitious plan to increase production capacity. The two new rigs are part of the company’s aggressive program to expand its fleet in line with its exceptional growth expectations during 2023. Sharjah 24 – … Read more
ADNOC Drilling acquires two new self-elevating offshore drilling rigs for a value of AED 734.7 million To support the achievement of ADNOC’s ambitious plan to increase production capacity The two new rigs The two acquisitions are part of the company’s aggressive program to expand its fleet in line with its exceptional growth expectations during 2023. … Read more