Noc

Oil Pipeline

UAE: Snam with Consortium Acquires 49% Of ADNOC Gas Pipelines

This is an important investment opportunity in a strategic energy infrastructure, for the consortium, of which Snam is the only industrial operator.

Oil Pipeline

UAE Oil Major Signs A $20 Billion Gas Deal

UAE’s ADNOC today announced a $20.7-billion deal with six international companies for the acquisition of a minority stake in Adnoc Gas Pipeline Assets.

Oil&Gas Drilling

UAE's ADNOC to Cut July Crude Nominations by 5% After OPEC+ Pact

State-run Abu Dhabi National Oil Company (ADNOC) has informed customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last mon…

Oil&Gas Drilling

ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells

Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…

Oil & Gas Trade

Which Oil Major Is Best Prepared For The Future?

European oil supermajors are slashing costs but sparing their renewable energy business. U.S. giants are cutting across the board and focusing on their core bus…

Oil & Gas Trade

NOC to Produce LPG in Sharara Oil Field for Local Consumption

National Oil Corporation’s subsidiaries and Repsol Consortium have reached the final stages of an ambitious study to recover LPG contained in flare gas in the …

ADNOC Terminates Dalma Gas Project with Petrofac

Notification was received from the ABU dhabi national oil company (ADNOC) of the termination of two recently awarded contracts for the dalma gas development pro…

Solar Company

LONGi Approves Almost US$1 Billion in Capex for 25GW of New Capacity in 2020

Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy Technology (LONGi Group) has approved capital expendit…

Oil & Gas Trade

Libya’s Oil Chief Denounces Port Blockades As Crude Output Plummets

Blockades of Libya’s export terminals risk cutting off virtually all of the OPEC member’s 1.2 million barrels per day in crude oil exports, warned the chairma…

Adnoc Signs Deal With Italy's Eni to Collaborate on Carbon Capture Research

Abu Dhabi National Oil Company signed a strategic framework agreement with Italy’s energy company Eni to explore opportunities to collaborate on carbon capture…

Solar Company

Longi Claims Another Solar Panel Efficiency Record

Solar panel manufacturing goliath Longi has announced what it says is “a new world record” for conversion efficiency in a monocrystalline module. But is it?

Crude

Pipeline Closure Risks Taking Nearly all Libya's Oil Offline

Two major oilfields in southwest Libya began shutting down on Sunday after forces loyal to Khalifa Haftar closed a pipeline, potentially reducing national outpu…

Adnoc Signs $23bn Energy Deals With Indonesia's Pertamina And Chandra Asri

Abu Dhabi National Oil Company signed a preliminary agreement with Indonesia's Pertamina and Chandra Asri to explore the possibility of developing a crude-to-pe…

Crude

China Sinochem to Start $4.6 Billion Quanzhou Petrochemical Complex in Mid-2020

China Sinochem Group is expected to start up a new crude processing unit and a petrochemical complex in southeastern China around mid-2020, marking the state fi…

Crude Oil

Libya’s Largest Oil Refinery Faces Closure Amid Clashes

Libya’s national oil company said Saturday it may face closure because of clashes close to its refinery in the country’s western port. The NOC said in a state…