4.85m barrels capacity of oil per day
11.5bcf of natural gas per day
Our 2030 Sustainability Strategy test
Our 2030 Sustainability Strategy test
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
We adopt a proactive and adaptive marketing model and are developing new trading capabilities to better meet the growing demand for oil, gas and refined products around the world.
ADNOC has announced a target to distribute AED158 billion ($43 billion) in dividends across its six publicly listed companies through to 2030, subject to customary approvals, in addition to the AED86 billion ($23 billion) already paid since the first company Initial Public Offering (IPO) in 2017. ADNOC’s six listed companies represent more than AED550 billion ($150 billion) of the market cap and nearly 40% of the annual dividends paid on the ADX1
Read MoreAbu Dhabi National Oil Company (ADNOC) P.J.S.C announced today that it will transfer its equity stakes in its listed companies to XRG P.J.S.C. (XRG), ADNOC’s wholly-owned international energy investment company. ADNOC will continue to retain control and ultimate ownership of the listed companies through its 100% shareholding of XRG and reaffirms its commitment to long-term value creation and capital discipline.
Read MoreHis Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors.
Read MoreADNOC has announced a target to distribute AED158 billion ($43 billion) in dividends across its six publicly listed companies through to 2030, subject to customary approvals, in addition to the AED86 billion ($23 billion) already paid since the first company Initial Public Offering (IPO) in 2017. ADNOC’s six listed companies represent more than AED550 billion ($150 billion) of the market cap and nearly 40% of the annual dividends paid on the ADX1
Abu Dhabi National Oil Company (ADNOC) P.J.S.C announced today that it will transfer its equity stakes in its listed companies to XRG P.J.S.C. (XRG), ADNOC’s wholly-owned international energy investment company. ADNOC will continue to retain control and ultimate ownership of the listed companies through its 100% shareholding of XRG and reaffirms its commitment to long-term value creation and capital discipline.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors.
Abu Dhabi National Oil Company (ADNOC) today announced that it has successfully completed a placement to institutional investors of c.222 million shares in ADNOC Logistics & Services plc (“ADNOC L&S” or the “Company”), representing approximately 3% of the Company’s issued share capital. The Offering highlights ADNOC’s continued focus on driving long-term shareholder value and execution of its strategy to achieve MSCI index inclusion for its listed companies. The transaction improves the liquidity in ADNOC L&S’s shares by increasing its free float to c.22% and further diversifies the Company’s investor base. The offering is expected to pave the way for potential MSCI indexation, increasing international and domestic investor awareness of ADNOC L&S’s differentiated proposition as leader in global energy maritime logistics.
Her Highness Sheikha Fatima bint Mubarak, the “Mother of the Nation,” Chairwoman of the General Women's Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), today noted that Emirati Women's Day is a profound reflection of the journey, achievements and successes of Emirati women and serves as a powerful reminder of their vital role in nation-building.
ADNOC announced today it has signed a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integrated and diversified energy company, for the supply of 1 million tonnes per annum (mtpa) of liquefied natural gas (LNG) sourced primarily from ADNOC’s lower-carbon Ruwais LNG project.
Abu Dhabi National Oil Company P.J.S.C. (ADNOC) announced today its intention to transfer its 24.9% shareholding in OMV AG (OMV) to XRG P.J.S.C (XRG), its wholly-owned international investment company.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired a meeting of the Executive Committee of the ADNOC Board of Directors.
ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education program to empower UAE students in artificial intelligence (AI) and advanced technology through an initiative called ‘STEM for Life: Future of AI Schools Challenge’ which held the finals today at the Abu Dhabi Energy Center.
ADNOC announced today that its partners across its supply chain commit to invest AED3 billion ($817 million) in manufacturing facilities across the UAE. The announcement was made at the ‘Make it in the Emirates’ forum currently underway in Abu Dhabi.