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Climate Change, Future Of Fossil Fuels: Key Issues At COP28 Climate Summit
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.
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India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
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).
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India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
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.
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U.S. Pressures Iran By Targeting Chinese, UAE Companies
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.
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Reliance Industries Signs Agreement For UAE Project
Reliance Industries Limited (RIL) has signed a formal shareholder agreement for the $2 billion TA'ZIZ chemical joint venture in the UAE
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Bodies Of 2 Indians Killed In Drone Attack In Abu Dhabi Reach Punjab
The bodies of the two Indians who were killed in a drone attack in Abu Dhabi have reached Punjab today.
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Reliance Sets Up Subsidiary In UAE For Trading In Crude Oil, Petrol
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.
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UAE Joins Saudi In Opening Oil Taps As Row With Russia Hits Crude Prices
UAE national oil company ADNOC said in its announcement that it would raise crude supply to more than 4 million bpd in April.
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Pakistan To Get $3 Billion Loan From UAE, Hopes For Deferred Oil Payments
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.
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India To Lease Out Strategic Storage Facility To Abu Dhabi Oil Company
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.
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"Oil Producers Don't Want To Miss India's Bus": Dharmendra Pradhan
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
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India, UAE Sign 5 Agreements As PM Modi Meets Abu Dhabi Crown Prince
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
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Goldman, JPMorgan, HSBC Vie For Lead Roles On UAE ADNOC Retail Unit IPO: Report
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.
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Store Our Oil And Take Two-Thirds For Free: UAE's Offer to India
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.
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Bharat Petroleum Signs Crude Import Deals with UAE, Kuwait
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.
-
Climate Change, Future Of Fossil Fuels: Key Issues At COP28 Climate Summit
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.
-
India, UAE Undertake First-Ever Crude Oil Transaction In Local Currency
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 IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
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.
-
U.S. Pressures Iran By Targeting Chinese, UAE Companies
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 Signs Agreement For UAE Project
Reliance Industries Limited (RIL) has signed a formal shareholder agreement for the $2 billion TA'ZIZ chemical joint venture in the UAE
-
Bodies Of 2 Indians Killed In Drone Attack In Abu Dhabi Reach Punjab
The bodies of the two Indians who were killed in a drone attack in Abu Dhabi have reached Punjab today.
-
Reliance Sets Up Subsidiary In UAE For Trading In Crude Oil, Petrol
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 Joins Saudi In Opening Oil Taps As Row With Russia Hits Crude Prices
UAE national oil company ADNOC said in its announcement that it would raise crude supply to more than 4 million bpd in April.
-
Pakistan To Get $3 Billion Loan From UAE, Hopes For Deferred Oil Payments
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.
-
India To Lease Out Strategic Storage Facility To Abu Dhabi Oil Company
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.
-
"Oil Producers Don't Want To Miss India's Bus": Dharmendra Pradhan
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
-
India, UAE Sign 5 Agreements As PM Modi Meets Abu Dhabi Crown Prince
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
-
Goldman, JPMorgan, HSBC Vie For Lead Roles On UAE ADNOC Retail Unit IPO: Report
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.
-
Store Our Oil And Take Two-Thirds For Free: UAE's Offer to India
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.
-
Bharat Petroleum Signs Crude Import Deals with UAE, Kuwait
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.
