Founded in 1971, ADNOC is a leading diversified energy group, wholly owned by the Abu Dhabi Government. Our network of fully integrated businesses operates across the energy value chain, helping us to responsibly meet the demands of an ever-changing energy market. Already among the lowest carbon intensity oil and gas producers in the world, we are taking significant steps to make today’s energy cleaner while investing in the clean energies of tomorrow, strengthening our position as a reliable and responsible global energy provider. We are allocating an initial $23 billion to advance and accelerate lower-carbon solutions, investing in new energies and decarbonization technologies to enable our net zero by 2045 ambition and our commitment to zero methane emissions by 2030.
Covestro accepts ADNOC's 12 billion euros takeover bid, boosting ADNOC’s diversification while Germany's chemical sector struggles.
By Jean-Philippe Lacour With Sebastien Ash In Berlin1 Oct 2024Agence France-PresseABU DHABI, United Arab Emirates--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV)...
Distributed by Business Wire30 Sep 202415-year LNG agreement for 1 mmtpa reinforces ADNOC’s position as a reliable global natural gas provider IndianOil is set to become ADNOC’s biggest...
Issued by ADNOC10 Sep 2024Baytown refinery's hydrogen development gets significant investment from ADNOC despite uncertainty over tax credits.
By Sabrina Valle4 Sep 2024ReutersADNOC to acquire a 35% equity stake in Baytown, Texas, project that will produce virtually carbon-free hydrogenThe strategic investment will support both companies’...
Issued by ADNOC4 Sep 2024Firms will collaborate in Malaysia on carbon capture technology based around saline aquifers.
By Reuters20 Aug 2024ReutersLondon, August 1, 2024 "Shell delivered another strong quarter of operational and financial results. We further strengthened our leading LNG portfolio, and made...
Issued by Shell plcDistributed by GlobeNewswire Inc.1 Aug 202410 Jul 2024 Abu Dhabi − Shell Overseas Holdings Limited, a subsidiary of Shell plc (Shell), has signed an agreement to invest in the...
Issued by Shell plc10 Jul 2024Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors
By Ron Bousso, Marwa Rashad and Emily Chow5 Jul 2024ReutersThe state-owned Abu Dhabi National Oil Company (ADNOC) ultimately decided BP would not be the right fit for its strategy, sources told Reuters.
By Sarah Mcfarlane, Ron Bousso and Anousha Sakoui11 Apr 2024ReutersPlease login to like, dislike or bookmark this article.