For the full year 2019, net profit increased to Dhs2.22 billion, an increase of 4.2% compared to 2018.
Al Dhafra Petroleum, a joint venture between the Abu Dhabi National Oil Company (Adnoc), the Korea National Oil Company (KNOC) and GS Energy, and one of Adnoc’s youngest operating companies, announced that it has begun producing crude oil
The Abu Dhabi National Oil Company (Adnoc) announced on Sunday that it has entered into a follow-on pipeline infrastructure investment agreement with the Abu Dhabi Retirement Pensions and Benefits Fund (ADRPBF). ADRPBF will invest Dhs1.1 billion ($300 million),
His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc), participated in the inaugural Bloomberg Emerging and Frontier Forum,
Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, on Sunday chaired the 59th meeting of the Gulf Cooperation Council (GCC) Commercial Cooperation Committee, under the framework of the UAE’s presidency of the current session of the GCC.
Exports of Dubai Chamber members exceeded a combined value of Dhs45 billion between June and August 2020, marking a 7.4 per cent increase compared to the March-May period during the same year.
India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles (EVs) and cut down its dependence on oil, according to a government proposal.