ADNOC spent $2.7 billion on vessels this year, adding two new LNG carriers to support expanding energy exports amid geopolitical tensions and OPEC withdrawal plans. The company now operates 24 LNG car
ADNOC secured a $6.2 billion final investment decision for the Umm Shaif Gas Cap project with international partners. Production targets 600 million cubic feet daily by 2030 to boost UAE gas supply an
UAE's ADNOC signed a long-term energy security partnership with South Korea to boost crude supply stability and strategic storage cooperation, addressing regional geopolitical risks.
ADNOC proposes adjusting crude pricing methodologies to align with regional norms, shifting from Murban futures to Dubai benchmark differentials. The move supports production ramp-up following the UAE
ADNOC sold at least 30 million barrels of spot crude to Asian refiners and traders this month, boosting exports amid the U.S.-Iran ceasefire. Major buyers included Indian, Chinese, Japanese, and Korea
ADNOC issued its third crude oil tender this month for June to August loading, offering up to 2 million barrels of key grades priced against the Dubai benchmark.
ADNOC issued a second tender this week to sell up to 2 million barrels of UAE crude grades for June to August loading, closing on June 11. This follows similar activity amid regional geopolitical tens
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