ADNOC Distribution to use biofuel to power its UAE vehicle fleet
ADNOC Distribution said its UAE heavy vehicle fleet will be powered by biofuel, a move that is set to reduce carbon dioxide emissions from the fleet by 15 per cent. […]
ADNOC Distribution launches 3 service stations in Egypt
ADNOC Distribution , the UAE’s largest fuel and convenience retailer, has inaugurated three ADNOC service stations in Egypt, strategically located in key areas across Greater Cairo to offer a full […]
UAE’s ADNOC Group to invest in Habshan carbon capture
UAE’s ADNOC Group has reached a final investment decision to develop the Habshan carbon capture utilisation and storage (CCUS) project. The CCUS project will have the capacity to capture and […]
ENOC Group opens new service station in Ajman
ENOC Group, a leading integrated global energy player, has opened a new service station in Ajman as part of its expansion plans. In alignment with ENOC Group’s ongoing expansion strategy, […]
UAE chases 7% growth to double economy to over $800bn
The United Arab Emirates is looking to accelerate economic growth as it seeks to double its gross domestic product to over $800b by the end of the decade. “The focus […]
UAE, Japan sign 23 deals during PM Kishida’s visit to Abu Dhabi
The UAE and Japan have inked 23 agreements and memoranda of understanding (MoUs) during the UAE-Japan Business Forum, which was held today. The agreements aim to bolster economic, trade […]
OMV enters talks with ADNOC to form global chemical giant
Austria’s OMV is entering talks with Abu Dhabi National Oil Company (ADNOC Group) about combining some of their assets to create a chemicals and plastics giant. OMV’s executive board decided […]
Abu Dhabi TAQA-led consortium secures $620mln funding for desalination plant
Abu Dhabi National Energy Co. (TAQA), alongside France’s ENGIE, have announced the financial closing of the 2.3 billion dirhams ($620 million) low carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination […]
ADNOC L&S reports 79% rise in Q1 net profit
ADNOC Logistics & Services (ADNOC L&S), which is expected to list its shares on the Abu Dhabi Securities Market on Thursday following an IPO, reported Q1 2023 net profit of […]
UAE-based diagnostics firm TGT to establish technology hub in Abu Dhabi
UAE-based TGT Diagnostics, which provides well diagnostics to the hydrocarbons industry, announced that it will build a new technology hub in Abu Dhabi. The company has signed an agreement with […]