Tag: UAEs
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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 UAE’s ADNOC intends to offer 15% of the shares of the “Supply and Services” company
Abu Dhabi National Oil Company “ADNOC” continues to implement its strategy aimed at diversifying sources of income by issuing minority stakes in a number of its subsidiaries. The Emirati company announced its intention to offer a minority stake representing 15% of the shares of “ADNOC Logistics and Services”, the leading company in the field of…
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In numbers… Financial disputes delay the UAE’s purchase of a national fuel company affiliated with the Egyptian army (private)
Egypt placed a national fuel company at the top of the list of government offerings that it recently revealed, but financial disputes with major investors delayed the settlement of the deal. Last February, Egypt announced a list of 32 companies that it intends to offer on the stock exchange, in a plan aimed at raising…
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The UAE’s ADNOC completes the acquisition of half of Total stations in Egypt
The Emirati company, ADNOC, has completed the procedures for acquiring half of the Total Energy stations in Egypt, as part of its plan to expand regionally. ADNOC Distribution – the arm of the Abu Dhabi National Oil Company in fuel trading and distribution – announced today, Wednesday, February 15, that it had completed its acquisition…
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Transforming methanol into sustainable aviation fuel led by the UAE’s Total and Masdar
A global coalition of major global and regional energy companies has begun moves to endorse a new pathway to turn methanol into a sustainable jet fuel. Today, Wednesday, January 25 (2023), an alliance comprising the UAE’s Masdar companies, France’s Total Energy, Germany’s Siemens Energy, and Japan’s Marubeni announced the start of procedures for obtaining the…
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UAE’s ADNOC Distribution relies on solar energy and biofuels to reduce emissions
The UAE company, ADNOC Distribution, relies on biofuel and operates fuel stations with solar energy, as part of its plan to reduce its emissions by 25% by 2030. And the Emirati company announced today, Friday, January 20, 2023, by focusing on the sustainability of its daily operations, to enhance its business and future competitiveness and…
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The UAE’s ADNOC begins developing the world’s first well for carbon injection and sequestration in groundwater
The Emirati company, ADNOC, has begun implementing the first project of its kind in the world to inject and capture carbon dioxide (carbon dioxide) in groundwater brine. The project is part of Abu Dhabi National Oil Company’s $15 billion plan to reduce emissions from its operations, and supports its goal of reducing emissions intensity by…
