Uae Oil Company

Following a year of record heat and drought, this year's UN climate summit will feature a contentious set of issues for countries working to find common ground in tackling climate change.

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).

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.

The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran's petrochemicals, a step that may raise pressure on Tehran to revive the 2015 Iran nuclear deal.

Reliance Industries Limited (RIL) has signed a formal shareholder agreement for the $2 billion TA'ZIZ chemical joint venture in the UAE

The bodies of the two Indians who were killed in a drone attack in Abu Dhabi have reached Punjab today.

Reliance International Ltd (RINL), the new subsidiary, is yet to commence operations, the parent company said in an exchange filing, adding it had invested $1 million in the new business.

UAE national oil company ADNOC said in its announcement that it would raise crude supply to more than 4 million bpd in April.

The United Arab Emirates plans to deposit $3 billion in Pakistan's central bank "in the next few days", the UAE state news agency WAM reported.

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.

India is in talks with some UAE-based companies to jointly bid for oil blocks in the UAE, oil minister Dharmendra Pradhan said today. "We are in talks that India could bid in the next licensing round of UAE with some Middle Eastern nation companies like Mubadala," Mr Pradhan said

Prime Minister Narendra Modi held wide-ranging talks with Crown Prince of Abu Dhabi Mohamed bin Zayed Al Nahyan today as the two sides signed five agreements including a historic pact awarding a consortium of Indian oil companies a 10 per cent stake in offshore oil concession

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.

The United Arab Emirates' national oil company - Abu Dhabi National Oil Company (ADNOC) - has in the first deal of its kind agreed to store crude oil in India's maiden strategic storage and give two-third of the commodity to it for free.

Refiner Bharat Petroleum Corp Ltd (BPCL) has signed a deal with ADNOC, national oil company of the United Arab Emirates, to import 60,000 barrels per day (bpd) oil in 2014-15, a company statement said on Friday.

Following a year of record heat and drought, this year's UN climate summit will feature a contentious set of issues for countries working to find common ground in tackling climate change.

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).

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.

The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran's petrochemicals, a step that may raise pressure on Tehran to revive the 2015 Iran nuclear deal.

Reliance Industries Limited (RIL) has signed a formal shareholder agreement for the $2 billion TA'ZIZ chemical joint venture in the UAE

The bodies of the two Indians who were killed in a drone attack in Abu Dhabi have reached Punjab today.

Reliance International Ltd (RINL), the new subsidiary, is yet to commence operations, the parent company said in an exchange filing, adding it had invested $1 million in the new business.

UAE national oil company ADNOC said in its announcement that it would raise crude supply to more than 4 million bpd in April.

The United Arab Emirates plans to deposit $3 billion in Pakistan's central bank "in the next few days", the UAE state news agency WAM reported.

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.

India is in talks with some UAE-based companies to jointly bid for oil blocks in the UAE, oil minister Dharmendra Pradhan said today. "We are in talks that India could bid in the next licensing round of UAE with some Middle Eastern nation companies like Mubadala," Mr Pradhan said

Prime Minister Narendra Modi held wide-ranging talks with Crown Prince of Abu Dhabi Mohamed bin Zayed Al Nahyan today as the two sides signed five agreements including a historic pact awarding a consortium of Indian oil companies a 10 per cent stake in offshore oil concession

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.

The United Arab Emirates' national oil company - Abu Dhabi National Oil Company (ADNOC) - has in the first deal of its kind agreed to store crude oil in India's maiden strategic storage and give two-third of the commodity to it for free.

Refiner Bharat Petroleum Corp Ltd (BPCL) has signed a deal with ADNOC, national oil company of the United Arab Emirates, to import 60,000 barrels per day (bpd) oil in 2014-15, a company statement said on Friday.