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ADNOC and XRG strengthen Japan energy partnership with new Mitsui agreement

Business Staff Writer -
Deal expands cooperation across LNG, crude, sulfur, maritime transport, chemicals and international investments. Abu Dhabi: ADNOC and XRG have signed a strategic collaboration agreement with...

Fujairah enters gasoline supply partnership with Etihad Refinery

Business Staff Writer -
Etihad Refinery begins first phase focused on Euro 5 gasoline production from naphtha. Dubai: The Government of Fujairah has entered into an agreement to procure...

ADNOC Distribution signs $1bn deal to acquire Shell Downstream South Africa

Business Staff Writer -
The deal expands ADNOC Distribution's footprint with 580 service stations and over 360 convenience stores. Abu Dhabi: ADNOC Distribution plans to acquire Shell Downstream South...

ADNOC signs 15-year LNG supply deal with Japan as Ruwais project tops 90% bookings

Business Staff Writer -
ADNOC has secured commitments for more than 90% of the Ruwais LNG project's capacity. Dubai: ADNOC has signed a 15-year agreement to supply Japan's INPEX...

Global oil benchmarks moved in different directions, with WTI and Murban staging a modest rebound as Brent prices eased to $71.99 per barrel.

Business Staff Writer -
Analysts believe the recent selloff has gone too far, with market positioning and a fragile truce shaping price movements. Global oil prices have retreated toward...
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