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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 (ADNOC) unveiled plans to invest AED 165 billion (US $45 billion) alongside partners, over the next five years, to become a leading global downstream player. more

Downstream

ADNOC plans to almost triple its petrochemical production to an annual 11.4 million tons by 2025 from 4.5 million tons at present. more

Refining/Petrochemical

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