UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

The UAE has redirected some oil exports through an existing pipeline to Fujairah, which has a maximum capacity of 1.8 million barrels per day.
Crude Oil Prices

Oil Giant ADNOC Set to Make Formal $16-Billion Offer for Covestro

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Abu Dhabi’s national oil company ADNOC is expected to soon make a formal ...
Arabian Business

ADNOC accelerating second Fujairah pipeline to bypass Strait of Hormuz

ADNOC is accelerating a second Fujairah pipeline to bypass the Strait of Hormuz as Dr. Sultan Al Jaber calls for stronger global energy resilience ...
Rigzone

ADNOC in Talks to Buy SEFE Trading Arm

Germany has begun preliminary discussions with potential investors - including Abu Dhabi National Oil Co. - about a deal to buy the trading unit of SEFE, as the government looks at options for the ...
Moneyweb

Adnoc in advanced talks to buy Shell’s SA fuel stations

Shell Plc is in advanced talks with Abu Dhabi National Oil Co (Adnoc) to sell its retail fuel stations in South Africa, according to people with knowledge of the matter. Adnoc emerged as the preferred ...

ADNOC Drilling ready to expand UAE oil capacity past 5 million bpd target if asked

ADNOC Drilling is ready to expand the United Arab ‌Emirates' oil production capacity beyond its current target of 5 million ...