ADNOC also lowered the forecast for September 2025 to May 2026 by 100,000-177,000 bpd while keeping forecast volumes for June ...

Abu Dhabi National Oil Company (Adnoc), US giant ExxonMobil and Japan Oil Development Company (JODCO), a subsidiary of Inpex, have agreed on a landmark phased development plan to expand the ...

ADNOC will reduce Murban crude exports from August 2025 through May 2026 to increase domestic refining at Ruwais, boosting ...

ABU DHABI, 24th May 2025 (WAM) -- H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region, visited key ADNOC facilities in Jebel Dhanna today, including the site of ...

Yet demand for Murban has done well as its premium on the spot market has dropped to the lowest in six months. The grade represents some 66% of Adnoc’s total oil production and has a lead role ...

Spot premiums for Murban crude have hit six-month lows on surging supply as the United Arab Emirates ramps up output following OPEC+'s decision to accelerate production hikes and compete head-on with ...

The agreement to evaluate a potential joint venture for the South Texas Direct Air Capture Hub was signed by Occidental Chief Executive Vicki Hollub and ADNOC CEO Sultan al-Jaber, who is also the ...

Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth Dhs65.7bn ($17.9bn) to nearly 400 local suppliers, contractors, and service providers in the first half of 2025, the company ...

It was recently revealed that Occidental Petroleum Corporation (NYSE:OXY) has formed an agreement with UAE's ADNOC for the development of a direct air capture facility in South Texas. Let us shed ...