Energy, Oil & Gas

ADNOC Gas records robust growth in Q2; net income hits $665m

ADNOC Gas, a key subsidiary of Abu Dhabi National Oil Company, has delivered solid results for the second quarter with a net income of $665 million, above the guidance range of $400-600 million, thus reflecting strong operational performance in a challenging operating environment. ...

Energy, Oil & Gas

ADNOC resumes naphtha exports via Sohar

Abu Dhabi National Oil Co (ADNOC) has resumed exports of naphtha ‌in May via the Omani port of Sohar, a Reuters report said quoting traders....

Energy, Oil & Gas

Iraq approves $4.6bn Basra–Haditha oil pipeline bid process

Iraq has approved the bidding process for a $4.6 billion oil pipeline linking Basra to Haditha, in a step aimed at strengthening its crude export infrastructure. The planned pipeline will stretch 685 km, transporting crude oil from southern Iraq to northern regions....