Sultan Ahmed Al Jaber shakes hands with Wang Yilin. ADNOC
by Asharq Al-Awsat | Feb 20, 2017 | Business
Abu Dhabi- Abu Dhabi National Oil Company (ADNOC) signed on Sunday an agreement with the China National Petroleum Corporation (CNPC), awarding it an 8% interest in Abu Dhabi’s onshore oil concession. CNPC contributed a sign up bonus of AED 6.5 billion ($1.77 billion)...
by Asharq Al-Awsat English | Aug 31, 2016 | Saudi Arabia
Saudi Arabia’s energy minister Khalid al-Falih announced that the world’s largest oil exporter does not target a specific level of oil production and that its output is based on customers’ needs. Speaking during an official visit to China, minister Falih told...
