News Formal

Abu Dhabi National Oil Company inks US$10b deal, keeps tight control of costs amid market downturn | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 86%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

DUBAI, June 23 — Abu Dhabi National Oil Company (ADNOC) said today it had signed a US$10 billion (RM43 billion) gas infrastructure deal with a consortium of investors, while its chief executive told Reuters the company would keep a tight lid on costs amid low oil prices. The mega pipeline deal is...

Tuesday, 23 Jun 2020 07:00 PM MYT

The mega pipeline deal is the world’s single largest energy infrastructure investment this year, CEO Sultan al-Jaber said in a phone interview. The group of investors will acquire a 49 per cent stake in newly formed subsidiary ADNOC Gas Pipeline Assets, while ADNOC will hold the remaining 51 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crude palm oil price movement revolves around petroleum market, says plantation expert | Malay MailKUALA LUMPUR, June 22 — Petroleum is the key to understanding the palm oil market today as it determines the crude palm oil (CPO) price range via the price band and is also a sign of the state of the world economy, plantation expert James Fry of LMC International Ltd said. He said it is difficult...
Source: malaymail - 🏆 1. / 86 Read more »