(Bloomberg, 7.Dec.2020) — The United Arab Emirates will provide Asian oil buyers with a little more crude next month after OPEC+ reached a compromise deal on cuts. While OPEC’s third-largest producer will still reduce supply to Asia in January, the curbs won’t be as deep as this month in percentage […]
Tag: Abu Dhabi National Oil Company
ADNOC Reveals New Chinese Partner
(Asharq Al-Awsat, 28.Jul.2020) — The Abu Dhabi National Oil Company, ADNOC, announced on Monday its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporation, CNPC, to China National Offshore Oil Corporation’s subsidiary CNOOC Limited. The transfer […]