Adnoc
Coverage of Adnoc in the Nexus archive.
- Vessel is attacked in Hormuz, Israeli strike kills 9 in Lebanon, and other news from the Middle East
The United Arab Emirates accused Iran of attacking an ADNOC vessel in the Strait of Hormuz. Meanwhile, Israeli airstrikes killed at least nine people in southern Lebanon, marking one of the deadliest attacks since a truce began. Additionally, Iranian-backed Houthis attacked a crucial Red Sea port in Yemen.
- Vessel is attacked in Hormuz, Israeli strike kills 7 in Lebanon, and other news from the Middle East
Recent conflicts across the Middle East include an attack on a tanker belonging to ADNOC in the Strait of Hormuz and an Israeli strike in Southern Lebanon that killed seven people. Separately, Iranian-backed Houthis attacked a Red Sea port under government control in Yemen, marking a continued escalation of regional instability.
- Israeli strike kills 7 in Lebanon, a vessel attacked in Hormuz and other news from the Middle East
An Israeli airstrike killed seven people in southern Lebanon near Ansar village, marking a deadly event since a recent framework agreement was announced. Meanwhile, a tanker owned by ADNOC was attacked while transiting through the Strait of Hormuz. The reports detail continued instability and attacks across the Middle East.
- 2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East
The UAE blamed Iran for drone attacks on two ADNOC tankers transiting the Strait of Hormuz, labeling the acts as piracy that threatens global energy security. Separately, activists brought food and water to Palestinians besieged by Israeli settlers in Qusra, West Bank. Furthermore, a drone was intercepted over Irbil in Iraq's northern Kurdish region.
- 2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East
The UAE blamed Iran for attacking two ADNOC oil tankers with drones in the Strait of Hormuz, calling it an act of piracy and a violation of freedom of navigation. In separate news, Jared Kushner will travel to the Middle East, starting in Israel and moving to Cairo, to advance plans aimed at ending the conflict in Gaza.
- 2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East
Two tankers owned by ADNOC were attacked by drones while transiting the Strait of Hormuz, leading the UAE Foreign Ministry to accuse Iran of piracy and a 'flagrant violation' of freedom of navigation. Meanwhile, Jared Kushner is scheduled to travel to the Middle East next week for talks concerning an end to conflict in Gaza.
- Yemen attacks Houthis, Turkey’s Kurdish peace bill wins approval, and other Middle East news
The UAE reported that a state-owned ADNOC vessel was attacked by an Iranian missile while transiting through the Strait of Hormuz. Concurrently, Yemen's military struck Iran-backed Houthis, prompting United Nations envoy Hans Grundberg to warn of escalated fighting. Separately, a Turkish draft law aimed at advancing peace with Kurdish militants passed its first parliamentary hurdle.
- Abu Dhabi abandons bid to build global oil benchmark
Abu Dhabi has abandoned its attempt to establish a global oil benchmark, with Adnoc reverting to pricing its crude against the Dubai benchmark. This decision follows issues with Murban futures exposed during the Iran war.
- LNG shipments start moving through Hormuz in long road to recovery
Qatar sent its first liquefied natural gas cargo through the Strait of Hormuz in weeks, with ADNOC also moving ships for loadings, signaling potential production increases if sustained. Pakistan and Bangladesh spent $1.9 billion replacing canceled Qatari cargoes, while QatarEnergy extended force majeure for customers until September and purchased $1 billion in U.S. LNG to address disruptions.
- Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
SLB, a $70 billion oil services company founded by the Schlumberger brothers in 1926, is positioned to benefit from oil exploration recovery in the Middle East and Venezuela. The company partners with entities like Saudi Aramco and ADNOC, and its longevity in volatile markets positions it to profit from post-Strait of Hormuz energy sector growth.
- UAE Tweaks Offshore Oil Pricing to Support Non-Hormuz Options
The UAE has adjusted offshore oil pricing to support non-Hormuz options. Adnoc is involved in branding efforts related to this policy.
- Adnoc to Buy Shell's South African Fuel Stations
Adnoc is acquiring Shell's fuel stations in South Africa. The transaction involves South African fuel stations previously operated by Shell.
- UAE’s Adnoc strikes $1bn deal for Shell’s South African fuels business
Adnoc, a UAE entity, has acquired Shell's South African fuels business for $1 billion, including 580 service stations and other assets. This marks Adnoc's latest overseas expansion.
- Abu Dhabi buys into Argentina LNG
Abu Dhabi's ADNOC affiliate XRG has secured a 32% stake in three upstream blocks in Argentina, partnering with Eni and YPF to supply gas for the country's first LNG export terminal. This move aligns with Gulf energy majors expanding international LNG investments amid constrained home market exports.
- Adnoc LNG Tanker Appears in Persian Gulf as Transparency Returns
Adnoc’s Umm Al Ashtan LNG tanker has signaled its location near the company’s Das Island export plant in the Persian Gulf as regional security improves and transparency returns.
- Asia’s Demand for Middle Eastern Oil Slows After Buying Spree
Asia's demand for Middle Eastern oil has slowed following a period of high buying. A storage facility of ADNOC in the Msaffah industrial district in Abu Dhabi, the Emiarti capital, is highlighted in the article.
- AI energy firm born out of ADNOC and G42 eyes US
AIQ, a joint venture between ADNOC and G42's Presight, is expanding to the US and other international markets after developing AI tools to enhance safety and production at ADNOC. The firm has created nearly 300 AI use cases, reducing downtime and improving efficiency, and aims to adapt its technology for global oil and gas companies.
- Sam Altman calls off Abu Dhabi visit
Sam Altman, CEO of OpenAI, canceled a planned visit to Abu Dhabi amid uncertainty related to the Iran war, with meetings intended with Mubadala, G42, MGX, and ADNOC. OpenAI, which is preparing for a public market debut, has deep ties to UAE entities, including MGX, an investor in the company.
- UAE Sells Bumper Gulf Oil Volumes for Loading Over Coming Months
The UAE has sold significant volumes of Gulf oil for loading over the coming months through Adnoc branding.
- Adnoc plans new UAE pipeline to bypass Strait of Hormuz
Adnoc, a state-run oil group in the UAE, plans a new pipeline to bypass the Strait of Hormuz. This move is prompted by the Iran war, which has highlighted the region's reliance on the critical shipping route.
- Adnoc’s Tankers Are Slipping Oil, Gas and Fuel Through Hormuz
Adnoc's tankers are transporting oil, gas, and fuel through the Strait of Hormuz, a critical global energy transit route.
- Mubadala Energy backs $13B LNG project on US Gulf Coast
Mubadala Energy is backing a $13 billion LNG export project in Louisiana expected to produce 9.5 million tons annually starting in 2030. This reflects growing Arab Gulf investment in US energy as global demand rises and Middle Eastern producers face capacity constraints from geopolitical disruptions.
- UAE plans new West-East pipeline to bypass Hormuz
The UAE plans to construct a 406-kilometer pipeline from Abu Dhabi to Fujairah to bypass the Strait of Hormuz and double its export capacity outside Gulf waters by 2027. This expansion allows the UAE to increase oil production to 5 million barrels per day after leaving OPEC quotas in May. The project reflects broader regional efforts to diversify energy export routes.
- Adnoc Keeps Loading LNG Onto Tankers Gone Dark in Persian Gulf
An LNG tanker was docked at Adnoc's Das Island export plant in the Persian Gulf. The tanker was captured in satellite images taken on Friday. Adnoc continues to load LNG onto tankers despite some gone dark in the area.
- Abu Dhabi backs $30B infrastructure partnership
Abu Dhabi's sovereign wealth fund L'IMAD has partnered with ADNOC, BlackRock's Global Infrastructure Partners, and Temasek in a $30 billion infrastructure investment initiative. The partnership will target investments across digital infrastructure, energy, logistics, transport, waste management, and water sectors throughout the Gulf, Central Asia, and the Middle East. This deal demonstrates continued investment confidence in Abu Dhabi despite regional geopolitical tensions and economic pressures.
- Fertiglobe warns of war’s long-term impact on food prices
Fertiglobe warns that nitrogen fertilizer prices could remain elevated long-term due to war disruptions affecting Gulf exports through the Strait of Hormuz, with prices surging 80% to over $900 per ton. The supply crisis threatens global food inflation as farmers delay purchases and crop prices haven't kept pace with fertilizer costs, potentially leading to reduced yields.
- Aramco, Adnoc Sneak Oil Through Hormuz as Iran Menaces Strait
Aramco and Adnoc are sneaking oil through Hormuz as Iran menaces the strait. Oil tankers navigate near Qeshm Island, Iran. This is happening in the Strait of Hormuz on April 28.
- Adnoc Appears to Export Second LNG Shipment Through Hormuz
Adnoc has exported its second LNG shipment through Hormuz, marking a significant milestone in the company's operations. The shipment is a notable development in Adnoc's efforts to expand its liquefied natural gas exports. This move could have implications for the global energy market.
- Abu Dhabi’s XRG Upbeat on European Prospects, Open to More M&A
Abu Dhabi's XRG expresses optimism about European market opportunities and indicates openness to further mergers and acquisitions. The article references flags of Austrian energy group OMV, ADNOC, and Borouge International at OMV's Vienna headquarters.
- Adnoc in Advanced Talks to Buy Shell’s South Africa Gas Stations
Adnoc is in advanced talks to acquire Shell Plc's gas stations in South Africa. The deal involves Shell's retail assets in Pretoria, South Africa. The transaction reflects ongoing energy sector consolidation.