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India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
- Monday August 14, 2023
- India News | Asian News International
The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).
- www.ndtv.com
-
India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
- Wednesday July 19, 2023
- Business | Press Trust of India
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
- www.ndtv.com/business
-
Maharashtra Mega Refinery Project With Aramco In Trouble: Report
- Thursday December 15, 2022
- India News | Reuters
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land, three sources familiar with the matter said.
- www.ndtv.com
-
Reliance Industries Gains Nearly 1% On Pact With Abu Dhabi Oil Refiner
- Wednesday June 30, 2021
- Business | Edited by Peter Noronha
"This is a significant step in globalising Reliance's operations, and we are proud to partner with ADNOC in this important project for the region," Mukesh Ambani said
- www.ndtv.com/business
-
Government Seeks Foreign Investment In Strategic Petroleum Reserves
- Monday November 9, 2020
- Business | Reuters
Government recently allowed Abu Dhabi National Oil Co (ADNOC) to re-export some of its oil stored in Mangalore SPR, mirroring a model adopted by South Korea and Japan.
- www.ndtv.com/business
-
Government Allows UAE's ADNOC To Export Oil From Strategic Reserve
- Wednesday October 14, 2020
- Business | Reuters
Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage.
- www.ndtv.com/business
-
UAE Joins Saudi In Opening Oil Taps As Row With Russia Hits Crude Prices
- Wednesday March 11, 2020
- Business | Reuters
UAE national oil company ADNOC said in its announcement that it would raise crude supply to more than 4 million bpd in April.
- www.ndtv.com/business
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Site For Saudi Aramco, Abu Dhabi National Oil Refinery Identified: Devendra Fadnavis
- Wednesday June 19, 2019
- Business | Thomson Reuters
The 1.2 million barrels per day refinery and associated petrochemical project is seen as a game changer - offering India steady fuel supplies and meeting Saudi Arabia and ADNOC's need to secure regular buyers for their oil.
- www.ndtv.com/business
-
UAE Assures India Supply Of Oil, LPG Despite Tanker Attacks
- Tuesday June 18, 2019
- India News | Reuters
UAE's Minister of State and ADNOC Group CEO Sultan Ahmed Al Jaber has assured India of uninterrupted supply of oil and liquefied petroleum gas despite disruptions in the Strait of Hormuz, Oil Minister Dharmendra Pradhan said on Monday.
- www.ndtv.com
-
Abu Dhabi Tower Lights Up In Celebration Of PM Modi Swearing-In
- Friday May 31, 2019
- India News | ANI
The facade of the iconic ADNOC Group Tower in Abu Dhabi was lit with the flags of India and the UAE and portraits of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan, signifying the close bilateral relations between the two countries.
- www.ndtv.com
-
India To Lease Out Strategic Storage Facility To Abu Dhabi Oil Company
- Monday November 12, 2018
- India News | Reuters
Abu Dhabi National Oil Co. (ADNOC) has signed a preliminary agreement to use half of the Padur strategic reserve facility in India, which can store about 2.5 million tonnes or 18 million barrels of crude, the UAE firm said on Monday.
- www.ndtv.com
-
After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery
- Monday May 14, 2018
- Business | Anthony DiPaola, Mahmoud Habboush and Tracy Alloway, Bloomberg
Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.
- www.ndtv.com/business
-
Goldman, JPMorgan, HSBC Vie For Lead Roles On UAE ADNOC Retail Unit IPO: Report
- Wednesday July 12, 2017
- Business | Thomson Reuters
The listing of the retail unit in Abu Dhabi is aimed at boosting the valuation of the company in an era of cheap oil prices, they said.
- www.ndtv.com/business
-
New Deal To Have UAE Fill Half Of Underground Oil Facility In Mangalore
- Friday January 27, 2017
- Business | Thomson Reuters
India is building emergency storage in underground caverns to hold 36.87 million barrels of crude, or about 10 days of its average daily oil demand in 2016.
- www.ndtv.com/business
-
Government To Partly Fill Mangalore Strategic Reserve With UAE Oil
- Friday January 27, 2017
- Business | Thomson Reuters
UAE's Abu Dhabi National Oil Co agreed to store 6 million barrels of oil at Mangalore - taking up about half of the site's capacity, a government official said.
- www.ndtv.com/business
-
India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
- Monday August 14, 2023
- India News | Asian News International
The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).
- www.ndtv.com
-
India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
- Wednesday July 19, 2023
- Business | Press Trust of India
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
- www.ndtv.com/business
-
Maharashtra Mega Refinery Project With Aramco In Trouble: Report
- Thursday December 15, 2022
- India News | Reuters
India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land, three sources familiar with the matter said.
- www.ndtv.com
-
Reliance Industries Gains Nearly 1% On Pact With Abu Dhabi Oil Refiner
- Wednesday June 30, 2021
- Business | Edited by Peter Noronha
"This is a significant step in globalising Reliance's operations, and we are proud to partner with ADNOC in this important project for the region," Mukesh Ambani said
- www.ndtv.com/business
-
Government Seeks Foreign Investment In Strategic Petroleum Reserves
- Monday November 9, 2020
- Business | Reuters
Government recently allowed Abu Dhabi National Oil Co (ADNOC) to re-export some of its oil stored in Mangalore SPR, mirroring a model adopted by South Korea and Japan.
- www.ndtv.com/business
-
Government Allows UAE's ADNOC To Export Oil From Strategic Reserve
- Wednesday October 14, 2020
- Business | Reuters
Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage.
- www.ndtv.com/business
-
UAE Joins Saudi In Opening Oil Taps As Row With Russia Hits Crude Prices
- Wednesday March 11, 2020
- Business | Reuters
UAE national oil company ADNOC said in its announcement that it would raise crude supply to more than 4 million bpd in April.
- www.ndtv.com/business
-
Site For Saudi Aramco, Abu Dhabi National Oil Refinery Identified: Devendra Fadnavis
- Wednesday June 19, 2019
- Business | Thomson Reuters
The 1.2 million barrels per day refinery and associated petrochemical project is seen as a game changer - offering India steady fuel supplies and meeting Saudi Arabia and ADNOC's need to secure regular buyers for their oil.
- www.ndtv.com/business
-
UAE Assures India Supply Of Oil, LPG Despite Tanker Attacks
- Tuesday June 18, 2019
- India News | Reuters
UAE's Minister of State and ADNOC Group CEO Sultan Ahmed Al Jaber has assured India of uninterrupted supply of oil and liquefied petroleum gas despite disruptions in the Strait of Hormuz, Oil Minister Dharmendra Pradhan said on Monday.
- www.ndtv.com
-
Abu Dhabi Tower Lights Up In Celebration Of PM Modi Swearing-In
- Friday May 31, 2019
- India News | ANI
The facade of the iconic ADNOC Group Tower in Abu Dhabi was lit with the flags of India and the UAE and portraits of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan, signifying the close bilateral relations between the two countries.
- www.ndtv.com
-
India To Lease Out Strategic Storage Facility To Abu Dhabi Oil Company
- Monday November 12, 2018
- India News | Reuters
Abu Dhabi National Oil Co. (ADNOC) has signed a preliminary agreement to use half of the Padur strategic reserve facility in India, which can store about 2.5 million tonnes or 18 million barrels of crude, the UAE firm said on Monday.
- www.ndtv.com
-
After Saudi Arabia, Abu Dhabi Oil Giant To Buy Into Maharashtra Refinery
- Monday May 14, 2018
- Business | Anthony DiPaola, Mahmoud Habboush and Tracy Alloway, Bloomberg
Adnoc is among Middle Eastern crude producers, including Saudi Arabia and Kuwait, that are boosting refining, marketing and petrochemical capacity to bolster and diversify income.
- www.ndtv.com/business
-
Goldman, JPMorgan, HSBC Vie For Lead Roles On UAE ADNOC Retail Unit IPO: Report
- Wednesday July 12, 2017
- Business | Thomson Reuters
The listing of the retail unit in Abu Dhabi is aimed at boosting the valuation of the company in an era of cheap oil prices, they said.
- www.ndtv.com/business
-
New Deal To Have UAE Fill Half Of Underground Oil Facility In Mangalore
- Friday January 27, 2017
- Business | Thomson Reuters
India is building emergency storage in underground caverns to hold 36.87 million barrels of crude, or about 10 days of its average daily oil demand in 2016.
- www.ndtv.com/business
-
Government To Partly Fill Mangalore Strategic Reserve With UAE Oil
- Friday January 27, 2017
- Business | Thomson Reuters
UAE's Abu Dhabi National Oil Co agreed to store 6 million barrels of oil at Mangalore - taking up about half of the site's capacity, a government official said.
- www.ndtv.com/business