Officials during the launch of the non-metallic innovation centre in Cambridge, UK.
The Abu Dhabi National Oil Company (Adnoc) on Wednesday announced that it has closed its landmark strategic equity partnerships with Eni and OMV covering both the existing Adnoc Refining business and a new trading joint venture (JV). The agreement, which was announced in January of this year,
"The security of the UAE and Saudi Arabia is inseparable. Any threat to the Kingdom of Saudi Arabia is seen as a threat to the stability and security of the UA."
The Abu Dhabi National Oil Company (Adnoc) today announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI). As part of this agreement, Adnoc will acquire a 10 per cent equity stake in VTTI. Following the transaction, VTTI will be owned 10 per cent by Adnoc,
London's benchmark FTSE 100 index was up 1.0 per cent, in the eurozone, Frankfurt won 0.9 per cent and Paris climbed 0.8 per cent.
Spot gold was up 0.8% at $2,033.86 per ounce by 0655 GMT, after hitting a record high of $2,036.49. US gold futures rose 1.4% to $2,049.30.
The benchmark Nikkei 225 index slipped 0.26 per cent, or 58.81 points, to end at 22,514.85, while the broader Topix index inched down 0.04 per cent, or 0.55 points, to 1,554.71.
Brent crude was up by 31 cents, or 0.7%, at $44.74 a barrel by 0713 GMT. The contract rose 0.6% on Wednesday to its highest close since March 6. West Texas Intermediate oil was up by 26 cents, or 0.6%, at $41.96 a barrel. The contract ended Tuesday trading 1.7% higher, its highest close since late July.