ADNOC INVESTMENT PLAN: $45 BLN
AOG - The Abu Dhabi National Oil Company (ADNOC) has unveiled plans to invest $45bn alongside partners, over the next five years, to become a leading global downstream player.
The plans were unveiled at the ADNOC Downstream Investment Forum in Abu Dhabi. The unprecedented investment programme will underpin a new downstream strategy to significantly expand ADNOC's refining and petrochemical operations at Ruwais in the UAE and undertake highly targeted overseas investments to secure greater market access.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
|March, 22, 10:45:00|
|March, 22, 10:40:00|
|March, 22, 10:35:00|
|March, 22, 10:30:00|
|March, 22, 10:25:00|
|March, 22, 10:21:00|
US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.
Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.
Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).
U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.