What’s less obvious is why Abu Dhabi is buying it back. Arguably paying $4 billion for the assets is a slightly better deal in 2024 than in 2019, because the pipeline network has grown to 806 km.

The Habshan–Fujairah Oil Pipeline, also known as the Abu Dhabi Crude Oil Pipeline (ADCOP), is a landmark infrastructure project that underscores the UAE’s strategic foresight in energy ...

Explore the potential consequences on UAE and global energy markets should Iran decide to close the strategically important Strait of Hormuz, affecting oil supplies and economic stability worldwide.

The UAE, one of the world's largest crude exporters, has managed to control oil leakages from its field pipelines by implementing protection plans bringing such incidents to zero levels, a Western ...

The leaders of Armenia and Azerbaijan held substantive talks in Abu Dhabi, in what amounted to the most serious direct ...

BlackRock Inc. and KKR & Co. sold their 40% stake in Adnoc’s oil pipeline network to an Abu Dhabi-based firm five years after acquiring the asset in a deal that marked the first investment by ...

The FG, on Monday, urged the UAE to invest in the renewal and reconstruction of the more than 50-year-old oil pipelines in Nigeria.

In Dubai, the country's commercial and tourism hub, non-oil activity growth slowed during October, with its headline PMI dipping to 53.2 from September's 54.1 reading, in contrast to an overall ...

The sales gas pipeline network enhancement program (ESTIDAMA) will increase ADNOC Gas’s existing pipeline network to more than 3,500 km, boosting volumes delivered to northern portions of the UAE.

The East African Crude Oil Pipeline faces big funding questions. What that means for TotalEnergies, ... Saudi Arabia, the United Arab Emirates, and Qatar all vie for influence.