ADNOC

ADIPEC 2024: Global energy industry to explore role of AI, finance in energy transition

Three new conferences to feature new voices from finance, technology, youth and the Global South

ADNOC International to acquire German chemical firm Covestro

Deal will further drive the diversification of ADNOC’s chemical portfolio

Abu Dhabi’s Fertiglobe approves $150 million interim dividend for H1 2024

This translates to AED551 million or 6.6 fils per share 

ADNOC Drilling announces Turnwell JV to execute $1.7 billion unconventionals contract

Turnwell adopts batch drilling, which is a method that improves efficiency and reduces costs

ADNOC Distribution approves $350 million interim cash dividend for H1 2024

ADNOC Distribution to pay the second and final dividend for 2024 in April 2025

UAE’s ADNOC launches inaugural $4 billion notes offering under GMTN Program

The net proceeds from this issuance will be utilized by ADNOC Group for general corporate purposes.

ADNOC, ExxonMobil sign partnership for world’s largest low-carbon hydrogen facility in US

ADNOC will acquire a 35 per cent equity stake in the facility that will be capable of producing up to 1 billion cubic feet daily of low-carbon hydrogen

Abu Dhabi’s Tabreed achieves carbon verification, reducing emissions by 19,320 tons annually

This follows Tabreed's 2023 initiatives, including the first geothermal-powered district cooling plant with ADNOC

UAE’s ADNOC deploys cutting-edge AI system Neuron 5 to boost operational efficiency

The innovative solution autonomously monitors equipment to optimize performance and enable preventive maintenance

UAE’s ADNOC Drilling to join MSCI flagship indexes, boosting global visibility and investor appeal

The company will become the 12th member of the MSCI UAE index after meeting the necessary criteria

ADNOC Gas net income rises 21 percent to $1.19 billion in Q2 2024

ADNOC Gas fulfils over 60 percent of the UAE’s gas demand and is a major player in fueling the development of key industrial sectors