A rocket landed at the headquarters for several global major oil companies, including US giant ExxonMobil, near Iraq's southern city of Basra early on Wednesday, wounding two Iraqi workers, police said.
The Ministry of Foreign Affairs and International Cooperation said in a statement today that it strongly condemns this terrorist act, which aims at destabilising security and stability and poses a grave threat to the world's energy supply.
Oil prices plunged below zero on Monday as demand for energy collapses amid the coronavirus pandemic and traders don’t want to get stuck owning crude with nowhere to store it.
The Abu Dhabi National Oil Company (Adnoc) signed on Sunday, two framework agreements with Mubadala Investment Company (Mubadala) and Emirates Nuclear Energy Corporation (Enec)
Adnoc Distribution’s market cap surged to Dhs44 billion by the end of September, 2020, a 40 per cent up compared to its market value on its date of listing back in 2017.