he UAE’s state-run oil company Abu Dhabi National Oil Company (ADNOC) has signed a long-term sales agreement with the Indian Oil Corporation (IOC) for its high quality base oil ‘ADbase’.
Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that it has signed another significant long-term sales agreement with Indian Oil Corporation for its base oil, ADbase.
Abu Dhabi National Oil Company (ADNOC) said on Monday it had signed an agreement with an Indian consortium awarding the latter the exploration rights for an onshore block. Two Indian companies
India’s Oil Minister Dharmendra Pradhan said on Friday that he will meet his Saudi Arabian counterpart Khalid al-Falih on Saturday. He did not elaborate on the agenda of the meeting. Saudi Arabia is India’s biggest crude oil supplier after Iraq.
Abu Dhabi National Oil Company (ADNOC) is seeking to invest in more downstream assets, mainly in refining and petrochemicals, in strategic locations like India to find a stable outlet for its oil, said its chief executive officer, Sultan Ahmed Al Jaber.
India has delayed the commissioning of a giant refinery that state-owned firms are building in tie up with Saudi Aramco and Abu Dhabi National Oil Co (ADNOC) by two year to 2025, a senior official at the consortium told Reuters on Tuesday.
Abu Dhabi National Oil Co (ADNOC) will remain wholly owned by the Abu Dhabi government and has no plan to go public, but the firm aspires to compete with Big Oil by expanding in refining and gas, ADNOC’s CEO told Reuters.
A week after the Cabinet approved filling the underground strategic oil reserve at Padur in Karnataka by foreign oil companies, Abu Dhabi National Oil Co (ADNOC) on Monday signed an initial agreement with Indian Strategic
India Monday signed an initial pact to lease out a part of its underground strategic oil storage at Padur in Karnataka to Abu Dhabi National Oil Co (ADNOC) for storing crude oil, the second such deal with the UAE firm this year, Oil Minister Dharmendra Pradhan said.
The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said on Friday.