Latest news and articles about ADNOC from NEX English
ADNOC has announced the appointment of a new CEO and General Manager, reflecting the company's strategic direction to enhance its position in the energy sector. This change is part of ADNOC's efforts to expand its operations and achieve its future goals.
Sultan Ahmed Al Jaber, CEO of ADNOC, stated that the Strait of Hormuz remains closed to shipping despite a two-week truce agreement between the U.S. and Iran. He emphasized that Iranian control over the waterway hinders navigation freedom and negatively impacts global oil supplies.
The 'Make in the UAE' forum recently held in Abu Dhabi highlighted the importance of boosting local manufacturing as an effective response to the increasing challenges of global supply chains. Experts emphasized that this approach is a fundamental pillar for ensuring business continuity and achieving economic security.
ADNOC Distribution has opened the new 'Al Wahda' station in the Mussafah area, reflecting the company's commitment to expanding its service network. The new station aims to enhance customer experience and meet their growing needs.
Khalid bin Mohamed bin Zayed, Chairman of the Executive Committee of the Abu Dhabi National Oil Company (ADNOC), chaired a significant meeting to discuss the company's future strategies. This meeting aims to enhance ADNOC's role in the global energy sector.
ADNOC confirmed that the Habshan facility sustained damage from an attack on April 3, but local oil supplies remain unaffected. This incident raises concerns about energy security in a sensitive regional context.
ADNOC Logistics and Services announced the early delivery of the new LNG carrier 'Aradah', reflecting the company's commitment to enhancing its energy capabilities. This move is part of ADNOC's efforts to expand its fleet and strengthen its market position.
The Abu Dhabi Retirement Authority has partnered with ADNOC to launch the Benefits Card aimed at providing a range of services and benefits for retirees. This initiative seeks to enhance social support and improve the quality of life for retirees in the emirate.
The Abu Dhabi National Oil Company (ADNOC) has achieved a significant milestone by winning 14 awards at the Middle East Oil and Gas Awards, reflecting its leadership in this vital sector. These awards recognize ADNOC's ongoing efforts in innovation and operational efficiency.
Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi National Oil Company (ADNOC), held a meeting with senior executives to discuss resilience planning strategies. The meeting, held in Abu Dhabi, aims to enhance the company's ability to face future challenges.
Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, chaired the ADNOC Executive Committee meeting at the company's headquarters. The meeting focused on strategies for developing the energy sector and enhancing sustainability amid current global challenges.
Abu Dhabi National Oil Company (ADNOC) has announced the stability of its oil production despite increasing regional tensions. This decision comes at a critical time as the region faces multiple challenges threatening market stability.
Sultan Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), urged immediate international action to safeguard energy flow through the Strait of Hormuz, warning that Iran's actions represent economic coercion and a global threat.
XRG, the investment arm of ADNOC, and OMV have successfully established Brooge International Group, which will become the fourth largest producer of polyolefins globally. This strategic move is set to enhance the UAE's position in the global energy market.
Abu Dhabi National Oil Company (ADNOC) and Austrian OMV have announced the formation of a new leadership team for Borealis, a company specializing in chemicals. This announcement comes at a time when the global chemicals market is undergoing significant changes.
Abu Dhabi National Oil Company (ADNOC) and Austrian OMV have announced the formation of the executive management team for Borealis AG, aiming to enhance collaboration in the petrochemical sector. This initiative reflects both companies' commitment to expanding their production capabilities and global market reach.
ADNOC and OMV have announced the formation of the executive management team and supervisory board for Borealis International Group, marking a significant step in establishing a leading company in the polyolefins sector. This strategic move follows the merger of both companies' stakes in Borealis and Nova Chemicals.
Sultan Al Jaber, CEO of Abu Dhabi National Oil Company, labeled Iran's restrictions on the Hormuz Strait as 'economic terrorism' during a speech in the United States. He emphasized that these restrictions negatively impact the global economy.
ADNOC Logistics and Services has approved a final dividend of <strong>AED 298.39 million</strong> during its annual general assembly held on Wednesday. This decision raises the total dividends for 2025 to <strong>AED 1.19 billion</strong>.
Two Indian tankers have successfully navigated the Strait of Hormuz despite rising regional tensions. This move comes as thousands of sailors face detainment due to disrupted maritime traffic.
On Monday, ADNOC Logistics and Services PLC announced the receipt of the new LNG tanker 'Aradah' with a capacity of <strong>175,000 cubic meters</strong> from the Jiangnan Shipyard in China, achieving a milestone ahead of the scheduled delivery timeline.
The UAE financial markets experienced significant declines at the start of the week, as selling pressures led to losses for both Dubai and Abu Dhabi indices. Investors are shifting towards cash as geopolitical conditions worsen.