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‘Adnoc’s growing focus on downstream industry impressive, ambitious’

ABU DHABI / WAM ExxonMobil is very impressed by Abu Dhabi National Oil Company’s (Adnoc) growing focus on the downstream industry, according to Christian G. Lenoble, ExxonMobil President and UAE Lead Country Manager. “The vision is comprehensive and aimed at maximising value across the value chain, not only crude oil, but also gas and petrochemicals. It’s very ambitious goal; but ...

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Innovative finance models needed for stable oil market

Abu Dhabi / WAM The oil and gas industry must secure more than US$10 trillion worth of investment over the next 22 years if it is to meet the forecast growth in demand for energy and industrial petroleum-based products. According to figures from the OPEC World Oil Outlook 2040, the total oil and gas value chain will need around $10.5 ...

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Sheikh Mohamed honours members of Armed Forces

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, honoured a number of Armed Forces officers in recognition of their heroism and bravery in serving their country. His Highness Sheikh Mohamed conferred upon the service officers the Order of Military Glory of the ...

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