Trends - Abu Dhabi National Oil Company

Abu Dhabi National Oil Company

ADNOC to acquire Covestro for about $15.9bn, FT reports

Abu Dhabi National Oil Company (ADNOC) is expected to make a formal offer to acquire Covestro for about 14.4 billion...

Published 11 Sep, 2024 12:32pm

Markets

UAE’s ADNOC sells more fuel oil from Ruwais refinery in January

SINGAPORE: UAE’s Abu Dhabi National Oil Company has sold more straight-run fuel oil (SRFO) from its Ruwais refinery...

Published 23 Jan, 2024 10:57am

Markets

UAE ADNOC boosts budget allocation for decarbonization projects to $23bn

DUBAI: UAE’s Abu Dhabi National Oil Company (ADNOC) agreed on Monday to boost its budget allocation for landmark...

Published 22 Jan, 2024 01:50pm

Markets

Abu Dhabi’s ADNOC Gas signs 2 year LNG supply deal with Japan’s JERA

KUALA LUMPUR: Abu Dhabi’s ADNOC Gas and Japan’s JERA Global Markets signed a liquefied natural gas (LNG) agreement...

Published 18 Oct, 2023 12:13pm

Markets

Abu Dhabi’s oil champion ADNOC bets on global expansion

DUBAI: The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of...

Published 09 Oct, 2023 10:06am

Markets

Kenya extends oil supply agreement with three Gulf companies

NAIROBI: Kenya has extended an oil supply deal with three Gulf-based companies to December 2024, the energy...

Published 19 Sep, 2023 01:21pm

Business & Finance

Abu Dhabi’s ADNOC in almost $11bn approach for Covestro

DUBAI: Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG with a...

Published 26 Jun, 2023 06:38am

World

ADNOC Gas reports higher Q1 profit as lower costs offset weak volumes

DUBAI: Abu Dhabi National Oil Company’s gas subsidiary reported higher first quarter profit on Thursday, as lower...

Published 11 May, 2023 01:28pm

Markets

ADNOC gas business stake sale raised to 5%

DUBAI: Abu Dhabi National Oil Co (ADNOC) will increase the stake in its gas business being offered in an initial...

Published 27 Feb, 2023 02:49pm

Markets

UAE’s ADNOC Gas eyes $2bn windfall in IPO

DUBAI: State-owned UAE energy firm ADNOC Gas announced a price range on Thursday for an initial public offering it...

Published 23 Feb, 2023 05:13pm

World

UAE’s Jaber says keeping 1.5 Celsius goal ‘alive’ is top priority for COP28

DUBAI: The United Arab Emirates climate envoy and designated president of the COP28 climate summit said on Wednesday...

Published 16 Feb, 2023 12:17pm

Opinion

Energy sector reforms: Low-hanging fruit rotting – III

The energy sector also requires a fast-track deregulation, which should have happened yesterday. It requires a...

Updated 02 Feb, 2023 06:44am

Markets

Most major Gulf stock markets fall on hawkish Fed

DUBAI: Most major Gulf stocks ended lower on Thursday after a hawkish message from minutes of the US Federal...

Published 06 Jan, 2023 05:58am

Markets

Abu Dhabi bourse outperforms Gulf peers ahead of Borouge IPO

DUBAI: Stock markets in the Gulf ended higher on Monday, tracking global shares and oil prices higher, with the Abu...

Published 31 May, 2022 05:11am

Markets

ADNOC announces three new oil discoveries

Abu Dhabi National Oil Company (ADNOC) on Thursday announced three oil discoveries including one at Bu Hasa, Abu...

Published 19 May, 2022 09:44pm

Markets

Abu Dhabi’s Borouge to sell 10% of its shares in IPO and list on ADX

DUBAI: Abu Dhabi National Oil Company (ADNOC) and its Austrian chemicals partner Borealis plan an initial public...

Published 18 May, 2022 02:41pm

Markets

ADNOC's national reserves rise 4bn stock tank barrels

CAIRO: Abu Dhabi National Oil Company (ADNOC) announced on Wednesday an increase in national reserves of 4 billion...

Published 01 Dec, 2021 02:19pm

Markets

Abu Dhabi's ADNOC weighs IPO of logistics and services unit next year

DUBAI: State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its...

Published 21 Nov, 2021 11:48am

Markets

Energy crisis is wake-up call for more investment, forum hears

NEW DELHI/LONDON: The current energy crisis is a wake-up call for the need to invest more in the sector to avoid...

Published 21 Oct, 2021 04:38am

Markets

UAE's ADNOC reinstates full oil supplies in Dec as OPEC+ boost output

The crude grades include Murban, Umm Lulu, Das and Upper Zakum, the sources said

Published 27 Sep, 2021 10:37am

Business & Finance

Trading arm of UAE's ADNOC secures $1.2 billion credit facility

The loan will be used to finance ADNOC Global Trading's trade flows and growth, ADNOC says

Updated 02 Sep, 2021 07:10pm

Markets

UAE's ADNOC to cut oil term supply by 5% in April

Last month, ADNOC notified clients that March term supplies for Upper Zakum crude would be cut by 15%, sources said. Term supplies for other grades were reduced by 10%.

Published 02 Mar, 2021 12:26pm

Markets

UAE's ADNOC awards Occidental onshore exploration concession

Occidental will hold a 100% stake during the exploration phase, investing up to 514 million dirhams ($140 million), including a participation fee, for oil and gas, it said in a statement.

Published 09 Dec, 2020 01:57pm

Business & Finance

UAE's ADNOC to cut January crude oil term supplies, sources say

The supply of its flagship Murban crude grade will be reduced by 20pc, while the volume of two other grades - Upper Zakum and Das - will be cut by 15pc, the sources said.

Published 08 Dec, 2020 04:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Abu Dhabi National Oil Company

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