Recent Posts

Adnoc awards Total 40% stake in gas concession

ABU DHABI / WAM On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (Adnoc) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventional Gas Concession. Under the terms of the agreement, Total will explore, appraise and develop the concession area’s unconventional gas resources. Adnoc ...

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Fifth Abu Dhabi Strategic Debate kicks off

ABU DHABI / WAM The fifth Abu Dhabi Strategic Debate (ADSD) kicked off in the capital on Sunday with keynote speeches by Dr Ebtesam Al Ketbi, President of Emirates Policy Centre (EPC) and Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs. In the opening address, Dr Al Ketbi said ADSD is taking a leap to a new ...

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Mubadala oil investments top $40bn

ABU DHABI / WAM Musabbeh Al Kaabi, CEO of Petroleum & Petrochemicals, Mubadala Investment Company, noted that the petroleum and petrochemicals platform is a core pillar of company’s business, building on Abu Dhabi’s rich heritage in oil and gas sector. The petroleum & petrochemicals platform accounts for AED 150 billion ($40.8 billion) of Mu-badala’s AED800 billion portfolio, Al Kaabi told ...

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