ADNOC announces GSP for January

Thursday, February 4th, 2010

The Abu Dhabi National Oil Company (ADNOC) announced yesterday the prices of its crude oil for January. A company statement said the Government Selling Prices (GSP) for crude oil FOB ...


ADNOC announces oil production cut for March

Tuesday, January 26th, 2010

The Abu Dhabi National Oil Company (ADNOC) has announced oil production cut for March, 2010. The move is in line with OPEC decision to cut production. ADNOC said the rate ...


Oil News from around the web, Nigeria’s fortunes;Azerbaijan and Turkey;Stanlow facility;Australian oil and gas block

Tuesday, August 18th, 2009

The price of oil fell to its lowest in more than two weeks because of decreased demand and growing stockpiles in the US to ensure sufficient supplies during the North ...


Crude oil for September 2009 delivery dropped down $1.61 to $65.62 a barrel in after-hours electronic trading on the New York Mercantile Exchange. ;London Brent fell $1.33 to $68.55 a barrel on London’s ICE Futures Europe exchange ; Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day

Wednesday, July 29th, 2009

Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day to meet growing UAE and Omani demand and ...


Oil News from around the web, Crude oil for August 2009 delivery fell 50 cents to $59.39 a barrel ;London Brent fell 40 cents to $60.12; Nigeria militants claim attack on Lagos oil depot

Monday, July 13th, 2009

TNK-BP closed the necessary transactions to take near-complete control over the shares in the Lisichansk refinery, a top producing refinery in Ukraine. The refinery, located near the eastern border in Ukraine, ...


ADNOC, Shell Sign MoU

Tuesday, November 4th, 2008

Abu Dhabi National Oil Company (ADNOC) and Shell Abu Dhabi B.V. (Shell) signed a Memorandum of Understanding (MoU) yesterday under which Shell will evaluate potential joint exploration, development and production ...


Abu Dhabi favours low equity in oil investments

Wednesday, October 8th, 2008

Abu Dhabi said it remains committed to long-term projects in its overseas oil investments but would favour low equity in the targeted ventures. The International Petroleum Investment Company (Ipic), the ...


ADNOC announces crude retrospective prices for April 2008

Wednesday, May 7th, 2008

The Abu Dhabi National Oil Company (ADNOC) on Sunday announced the retrospective prices for April 2008 for Abu Dhabi's four main grades of crude oil. The price for the onshore ...