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Adnoc taps commodities veteran Benoit Roulon to lead trading arm
This is the latest move in a strategic pivot for Adnoc Global Trading as it looks to build its footprint
THIS MORNING: Adnoc is making up for lost barrels + IRH inks USD 500 mn supply agreement with India
Plus: Sharjah is the latest emirate to be rolling out economic support measures
UAE oil exports reached 2.6 mn bbl / d in May
Adnoc is selling mns of barrels, rerouting cargoes, and tapping alternative loading points to keep UAE crude exports moving
THIS MORNING: Adnoc resumes naphtha exports via Oman + eyes a multi-fuel pipeline bypassing Hormuz
Plus: ADCB integrates banking infrastructure with binance
Adia backs insurtech Sapiens, Positron AI comes to DIFC, DP World invests more in Dominican Republic freezone, Adnoc secures gas supply from Azerbaijan
Adia took a minority stake in Sapiens, which remains owned by Advent
THIS MORNING: Fuel prices are up again + Some hope for ADX’s IPO pipeline?
Plus: UK mortgage lender’s collapse could be messy for FAB
Adnoc set to accelerate West-East pipeline construction as it hedges against supply chain bottlenecks
Despite repeated attacks and risks, Fujairah sits at the heart of the UAE’s oil export strategy
Orascom, Space42, Dana Gas, Adnoc L&S, ICD report 1Q results
The impact of the war was minimal for Adnoc L&S
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