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Abu Dhabi National Oil Co. (ADNOC)

State-owned Abu Dhabi National Oil Co (ADNOC) is in advanced talks with more than one potential buyer, including Italy’s ENI, as it prepares to sell minority stakes in its refining business. more

Refining/Petrochemical

The Abu Dhabi National Oil Company unveiled plans to invest AED 165 billion ($45 billion) alongside partners, over the next five years. more

Downstream

Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. more

Upstream

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