Tag: supports
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Chevron supports US shale oil with a new acquisition deal
Chevron has announced the enhancement of its production of US shale oil with a new acquisition deal, which is the company’s second in 3 years. Today, Monday (May 22, 2023), the American oil company completed its acquisition of all shares of the “BDC Energy” company, which produces shale oil in the United States, in a…
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The UAE’s ADNOC supports its fleet with “remotely managed ships”
ADNOC Logistics & Services, the shipping arm of the Abu Dhabi National Oil Company, continues to modernize its fleet with advanced technology and the latest AI systems to control autonomous driving. In this context, the shipping and marine logistics arm of the Abu Dhabi National Oil Group signed an agreement today, Thursday, April 11 (2023),…
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The latest oil discovery in Türkiye strongly supports the energy sector (article)
Read in this article • The recent oil discovery is important for Turkey because of its heavy dependence on energy imports for many years • Expectations that this discovery will reduce Türkiye’s dependence on energy and increase its domestic oil production • Türkiye will no longer depend on foreign energy sources and will become an…
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ADNOC supports “Make in the UAE” with 23 agreements, with investments of $4.6 billion
The Abu Dhabi National Oil Company (ADNOC) has signed agreements with 23 companies, with investments amounting to 17 billion dirhams ($4.63 billion) as part of its strategy to support local manufacturing in the UAE. The agreements signed with a number of local and international companies come as part of investments worth AED 70 billion ($19…
