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Tag: Adnoc
Occidental and ADNOC’s investment arm, XRG, have signed a Strategic DAC Framework Agreement to evaluate a joint venture for a large-scale Direct Air Capture (DAC) facility in South Texas. Under...
ADNOC has unveiled XRG, a transformational international investment company with an enterprise value exceeding $80 billion. The independently operated venture focuses on lower-carbon energy and chemicals, aiming to double its...
The UAE continues to make significant strides in clean energy investments, with total investments exceeding $12 billion (AED 45 billion), according to Suhail bin Mohammed Al Mazrouei, Minister of Energy...
ADNOC’s Strategic Stake in ExxonMobil’s Hydrogen Plant Abu Dhabi’s ADNOC will acquire a 35% stake in ExxonMobil’s upcoming hydrogen plant in Baytown, Texas. This move is part of a broader...
PETRONAS, ADNOC, and Storegga have signed a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) storage capabilities of saline aquifers and develop CCS facilities in the...
ADNOC and bp announced that they have agreed to form a new joint venture (JV) in Egypt. The JV (51% bp and 49% ADNOC) will combine the pair’s deep technical...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors in his capacity as its Chairman. During the...
Key Impact Points: ADNOC announced it has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global...
ADNOC announced, the final investment decision and award of contracts for the Hail and Ghasha Offshore Gas Development project. The project aims to operate with net zero carbon dioxide (CO2)...
ADNOC and Occidental announced an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture (DAC) facility outside the United States (US). ...
ADNOC and Fertiglobe, the strategic partnership between ADNOC and OCI Global, announced the pilot deployment of the world’s first cost-effective modular CycloneCC carbon capture unit at Fertiglobe’s 100% owned nitrogen...
ADNOC, announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar City by ADNOC, will create clean...
ADNOC and Abu Dhabi National Energy Company PJSC (TAQA) announced the award of a strategic investment project estimated at up to $2.4 billion (AED 8.8 billion) to provide sustainable water...
Abu Dhabi, UAE – January 5, 2023: ADNOC, a reliable and responsible provider of lower-carbon intensity energy, today announced a bold new strategy to progress the world-scale decarbonization of its operations. ...
Firm is a crucial part of UAE’s aim to be net zero by 2050 Persian Gulf petrostates increasingly weighing green bonds Abu Dhabi’s state oil producer is considering a sale...
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