ADNOC

UAE’s ADNOC to begin operations at Ras Al Sadr gas field in Abu Dhabi

The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day

UAE’s ADNOC Drilling reports record revenue of $886 million in Q1 2024

The net profit for the quarter amounted to $275 million, reflecting a substantial 26 percent year-on-year increase

ADNOC Drilling lands $1.7 billion deal to tap UAE’s world-class unconventional energy reserves

Under the contract, Turnwell will be responsible for delivering 144 unconventional oil and gas wells

ADNOC Distribution’s earnings grow 18 percent to $248 million in Q1 2024

Excluding the corporate tax impact, net profit saw a robust 13 percent year-on-year increase to $165 million

Abu Dhabi’s Presight, ADNOC acquire controlling stake in AIQ

The deal aims to expedite AI innovation, cultivate cutting-edge energy and industry solutions

ADNOC L&S reports $193.8 million in net profit for Q1 2024

This represents a 34 percent increase compared to the net profit of $145.1 million achieved during the same period last year

ADNOC Gas net income surges 21 percent in Q1 2024 at $1.18 billion

Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement

ADNOC, G42, Presight forge new partnership to leverage AI solutions in energy sector

Partnership aims to deliver value and operational efficiencies to ADNOC, G42, Presight, and the UAE

UAE: Petrol, diesel prices for May 2024 announced

Petrol prices in the UAE have been rising from February onwards

UAE’s Murban crude hits record activity in March, over 1.1 billion barrels traded

Since its inception, IFAD has facilitated the trading of nearly 6 billion barrels of Murban crude oil

UAE’s MoIAT inks deals with 16 key partners and sponsors of MIITE Forum 2024

The MIITE Forum will be held on 27-28 May, 2024 at the Abu Dhabi Energy Centre