Strait of Hormuz control has shifted as ADNOC, Saudi Aramco, Kuwait, Qatar, and Iraq use a shuttle system to move oil via the Oman Lane under United States military protection.

La empresa catarí UCC Oil and Gas Holding mantiene conversaciones para una posible entrada en nuevas áreas de petróleo y gas en Venezuela, informó el jefe de Upstream de la compañía, Erik Keskula. Las declaraciones se producen después de que UCC se asociara el pasado mes con BP y una unidad de ADNOC, la compañía energética estatal de Emiratos Árabes Unidos, para participar en el desarrollo del proyecto de gas Loran, ubicado frente a las costas venezolanas. La posible expansión de UCC hacia nuevas áreas del sector energético venezolano se suma al interés de empresas internacionales por participar en proyectos de hidrocarburos del país. Lea también: Petroleras se preparan para expandirse en Venezuela pese a desafíos operativos Keskula confirmó que la compañía mantiene conversaciones relacionadas con su eventual participación en otras áreas, aunque no ofreció detalles sobre los posibles proyectos, ubicaciones o condiciones de las negociaciones. El proyecto Loran representa una de las iniciativas internacionales de mayor relevancia en el sector gasífero venezolano y contempla la participación de socios extranjeros en el desarrollo de recursos ubicados frente a las costas del país. Con información de Reuters

UCC, British BP, and XRG, a unit of United Arab Emirates' state company ADNOC, last month were granted a long-term license to develop the Loran gas project, one of the largestin Venezuela's waters.

ADNOC and Gulf allies built a 116-hull shuttle fleet moving oil through the Strait of Hormuz via ship-to-ship transfers, with Central Command patrols along the Oman Lane.

Strait of Hormuz control has shifted as ADNOC, Saudi Aramco, Kuwait, Qatar, and Iraq use a shuttle system to move oil via the Oman Lane under United States military protection.

Strait of Hormuz control has shifted as ADNOC, Saudi Aramco, Kuwait, Qatar, and Iraq use a shuttle system to move oil via the Oman Lane under United States military protection.

The Abu Dhabi National Oil Company’s (ADNOC) international investment arm XRG is believed to be seeking to purchase a stake in LNG Canada, Bloomberg reported on September 22. Operator Shell, which holds a 40% interest in Canada’s flagship LNG facility, has been considering selling as much as 75% of its stake. However, the world’s largest trader of the super-chilled fuel has also indicated in the past that it is "very comfortable" with stake. CEO Wael Sawan stated in April that it was "not necessarily looking at reducing” its equity interest, however it remained interested in generating cash from lower-return parts of its business and where it was not the natural owner. The United Arab Emirates XRG would serve as a logical buyer, given the Gulf company’s goal to emerge as a top five global supplier of natural gas. The company has been keen to increase its international footprint. In mid-September, XRG completed its acquisition from Azerbaijan's Ministry of Economy of an equity stake in Southern Gas Corridor Closed Joint Stock Company. Also in mid-September, XRG inked a Memorandum of Understanding (MoU) with Germany’s state-run Securing Energy for Europe (SEFE) to explore wider cooperation across the natural gas and LNG value chain, as it targets increasing its footprint in Germany and other European markets. The agreement covers potential collaboration on gas and LNG supply, infrastructure, market development, shipping and portfolio optimisation. Meanwhile, in August XRG announced that it had secured an interest in Venezuela's offshore Loran gas licence. In the same month, Brazil’s antitrust authority approved a joint venture involving Argentina’s YPF, Italy’s Eni and XRG for the Argentina LNG project, which was required because the transaction involved the companies’ activities within Brazil. As XRG eyes a holding in LNG Canada, the company is believed to have been engaging in discussions with PetroChina for its stake in the project, sources familiar with the matter told Bloomberg speaking on condition of anonymity. PetroChina holds a 15% stake in LNG Canada.

The Abu Dhabi National Oil Company’s international investment arm XRG is believed to be seeking to purchase a stake in LNG Canada.

I think it’s HIGHLY likely that more ships are being hit by Iran than are being reported by the UKMTO. We have very recent historical precedent for this, as we know ADNOC (Abu Dhabi National Oil Comp...

Le groupe émirati ADNOC est en négociations pour entrer au capital de la raffinerie Dangote, joyau industriel nigérian d'une capacité de 650 000 barils par

**الإمارات والسعودية: هل 17.6% في التجارة تنويع أم استثناء نفطي؟** يزعم نمو **17.6%** في التجارة بين البلدين تنويعًا اقتصاديًا، لكن التحليل يشير إلى **اعتماد كبير على النفط والغاز** (مثل دور شركة ADNOC Trading)، مما يجعل النمو **غير مستدام**...

Abu Dhabi’s XRG is exploring a potential stake in the Shell-led LNG Canada project as the ADNOC-backed company pursues its goal of becoming a top-five global natural gas supplier.

Russia's share in India's oil imports fell in August, while supplies from the Middle East increased as Abu Dhabi National ​Oil Co (ADNOC) sold oil from the region from outside the Strait ‌of Hormuz, data from trade sources showed.