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Latest Press Releases

Positive Energy and Pragmatic Actions Needed to Drive Global Growth and Rise of AI: Dr. Sultan Al Jaber

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman of Masdar and Executive Chairman of XRG, today said that positive energy and pragmatic actions were needed to drive global growth and power the rise of artificial intelligence (AI).

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ADNOC and OMV to Create $60+ Billion Global Polyolefins Champion

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (ADNOC) and OMV Aktiengesellschaft (OMV) have agreed terms of a binding Framework Agreement (the Agreement) regarding the proposed combination of shareholdings in Borouge plc (Borouge) and Borealis AG (Borealis) (the Combination).

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ADNOC Signs 15-Year Sales and Purchase Agreement with Osaka Gas for Ruwais LNG Project

ADNOC announced today it has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from ADNOC’s lower-carbon Ruwais LNG project. The 15-year SPA converts a previous Heads of Agreement into a definitive agreement and marks the first long-term LNG sales agreement between ADNOC and Osaka Gas.

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Mar 11, 2025

Positive Energy and Pragmatic Actions Needed to Drive Global Growth and Rise of AI: Dr. Sultan Al Jaber

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman of Masdar and Executive Chairman of XRG, today said that positive energy and pragmatic actions were needed to drive global growth and power the rise of artificial intelligence (AI).

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Mar 04, 2025

ADNOC and OMV to Create $60+ Billion Global Polyolefins Champion

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (ADNOC) and OMV Aktiengesellschaft (OMV) have agreed terms of a binding Framework Agreement (the Agreement) regarding the proposed combination of shareholdings in Borouge plc (Borouge) and Borealis AG (Borealis) (the Combination).

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Feb 27, 2025

ADNOC Signs 15-Year Sales and Purchase Agreement with Osaka Gas for Ruwais LNG Project

ADNOC announced today it has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest utility companies, for the supply of up to 0.8 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from ADNOC’s lower-carbon Ruwais LNG project. The 15-year SPA converts a previous Heads of Agreement into a definitive agreement and marks the first long-term LNG sales agreement between ADNOC and Osaka Gas.

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Feb 21, 2025

ADNOC Successfully Completes $2.84 Billion Marketed Offering of ADNOC Gas Shares

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), announced today the final offer price and successful completion of the marketed offering (the “Offering”) to institutional investors of 3.1 billion ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234). This represents 4% of the issued and outstanding share capital of ADNOC Gas and will increase the Company’s free float by 80% (to headline 9%).

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Feb 20, 2025

Khaled bin Mohamed bin Zayed chairs meeting of Executive Committee of ADNOC Board of Directors

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.

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Feb 20, 2025

ADNOC to Offer Approximately 3.1 Billion Shares of ADNOC Gas Through a Marketed Offering

Abu Dhabi National Oil Company (ADNOC) PJSC (“ADNOC”), the current majority shareholder of 90% of the ordinary shares in ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX Symbol: ADNOCGAS / ISIN: AEE01195A234), announced today its intention to offer approximately 3.1 billion shares through a Marketed Offering (“the Offering”).

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Feb 03, 2025

TA’ZIZ Announces $1.7 Billion Award to Build First Methanol Plant in the UAE

TA’ZIZ announced today an engineering, procurement and construction (EPC) contract award of $1.7 billion (AED6.2 billion) to SAMSUNG E&A for the construction of one of the world’s largest methanol plants in Al Ruwais Industrial City, Al Dhafra region, Abu Dhabi.

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Feb 01, 2025

ADNOC Update on Potential Polyolefin Opportunities

Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) confirms that negotiations with OMV AG (“OMV”) about the potential creation of a new global polyolefins group, through the proposed combination of their existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”) are ongoing in a constructive and positive manner, while contemplating the acquisition of Nova Chemicals Corporation (“Nova”) from Mubadala Investment Company (“Mubadala”) and contribution to the combined entity. The transactions are subject to respective agreements, regulatory approvals and customary conditions.

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Jan 23, 2025

ADNOC Achieves Industry-Leading Carbon Intensity at Shah Oil Field Enabled by AI and Advanced Technologies

ADNOC announced today that its onshore Shah Field has achieved an industry-leading carbon intensity of 0.1 kilograms of carbon dioxide equivalent per barrel of oil equivalent (kgCO2e/boe), setting a benchmark among global oil fields. This milestone achievement underscores ADNOC’s commitment to producing some of the world’s least carbon-intensive oil and gas.

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Jan 22, 2025

Brand Finance Names ADNOC UAE’s Most Valuable Brand for Seventh Consecutive Year at $18.9 Billion

ADNOC has retained its position as the UAE's most valuable brand for an extraordinary seventh consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy.

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