ADNOC Drilling plans to borrow $1 billion to refinance existing debt and fund future growth, including potential acquisitions ...

The company will refinance a term loan worth $500 million and revolving facility for $750 million maturing in Oct. 2025, CFO ...

ADNOC Drilling, a division of the state oil company in the United Arab Emirates, wants to refinance its debt due later this year, totaling $1.25 billion.

Abu Dhabi is looking to develop new off shore oil and gas fields, a top official said. The move is part of Abu Dhabi's plans to raise output to meet rising oil and gas demand, said, Ali Khalifa Al ...

Abu Dhabi plans to sell crude from its main onshore oil fields to major oil companies at a premium after a 75-year production agreement ended Saturday, people familiar with the matter said.

Abu Dhabi National Oil Company's investments in the United States now sit within its new international investment arm XRG, ADNOC's CEO said on Tuesday, as the oil giant moves to build up a ...

Feb 7 (Reuters) - Abu Dhabi index closed higher on Friday, in line with oil prices after new sanctions were imposed on Iran's crude exports, while Dubai index bucked the trend. Oil prices - a key ...

Oil discovery transformed the UAE Capital's economy based on the pearl industry to one powered by oil. Did you know that the UAE’s Capital first attempted to explore oil 85 years ago? After ...

ABU DHABI - The President of Abu Dhabi Oil Company, ADOC, has said that the company will continue to play its role in strengthening existing amicable bilateral relations between the UAE and Japan.

Investing.com -- Shares of Abu Dhabi National Oil Company (ADNOC) climbed 1.5% as the company reported a robust earnings performance, surpassing both Morgan Stanley (NYSE:MS)'s estimates (MSe ...

Abu Dhabi's economy grew by 4.5 per cent on a yearly basis in the third quarter of 2024, driven by sustained growth in the non-oil sector that continued to fuel the emirate's economic momentum.

The state-owned Abu Dhabi National Oil Company (Adnoc) is transforming its business through digital projects that range from deciding where to drill for oil and gas, to helping the company decide ...