News

Earlier this year, the Chinese firm took over from French supermajor TotalEnergies as asset leader for Bu Hasa, ADNOC’s ...
China's Zhenhua Oil is set to double its oil offtake from Abu Dhabi National Oil Co to 200,000 barrels per day after taking ...
Next, there’s the matter of Abdullahi Bashir Haske, a contractor, allegedly linked to Ojulari in deals estimated at either ...
After over 35 years in the oil industry, with a significant part of it in leadership roles in Shell Petroleum, Bayo Ojulari knew NNPCL before he was appointed group chief executive officer in April.
ADNOC Drilling recently reported record-breaking H1 2025 results, with significant revenue and profit growth driven by fleet ...
Despite pressures, it continued to execute its international strategy, with new partnerships in Morocco and acquisitions in the UK and Uzbekistan ...
Arabian Gulf Business Insight on MSN15h

Taqa profit falls as oil prices drop

Abu Dhabi National Energy Company (Taqa) said net profit for the first half of this year fell 20 percent year on year due to the ceasing of production from four UK projects and lower oil prices. The ...
Revenue for H1 2025 up 4.5% to AED 28.4 billion, driven by higher pass-through costs in Transmission & Distribution ...
The increasing interest of investors from Europe and the Central Asian region in Ras Al Khaimah's property market on the back ...
Three Chinese sources claim that China's Zhenhua Oil will double its oil purchases from Abu Dhabi National Oil Co, to 200,000 barrels a day.
PRIME Minister Kassim Majaliwa has directed operators of the second phase of the Bus Rapid Transit (BRT) project to work ...