Abu Dhabi National Oil Company & Saudi Arabia
16 shared events · Importance 9 · Last updated May 17, 2026
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International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company plans to significantly increase its oil output by 2027 and pledged to spend $55 billion on new projects, accelerating its growth strategy following the United Arab Emirates' exit from OPEC.
Saudi Arabia: Saudi Arabia, as a key member of OPEC, agreed to increase its oil production quota for June, aiming to project stability within the cartel.
May 03, 2026 · 19 articles
International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company (ADNOC) plans to award 200 billion dirhams ($55 billion) in projects for 2026-2028, reinforcing its five-year capital expenditure plan to meet growing global energy demand, aligning with the United Arab Emirates' strategy to boost output.
Saudi Arabia: Saudi Arabia, as the de facto leader of OPEC, faces a major challenge to its influence and leadership within the oil cartel due to the United Arab Emirates' exit, which exacerbates an existing rivalry over economic and geopolitical issues.
Apr 28, 2026 · 222 articles
International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company is accelerating the construction of a pipeline to United Arab Emirates — Fujairah, doubling its capacity to export crude oil and aligning with its production expansion plans.
Saudi Arabia: Saudi Arabia, like the United Arab Emirates, is a major Gulf producer able to get significant quantities of crude to market during the war, and also operates a pipeline bypassing the Strait of Hormuz.
May 15, 2026 · 7 articles
International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company was directed by Mohamed bin Zayed Al Nahyan to fast-track the West-East Pipeline project, aiming to increase its oil export capacity and operational flexibility.
Saudi Arabia: Saudi Arabia is mentioned as one of the few Gulf producers with pipelines bypassing the Strait of Hormuz, and its state oil giant Aramco ramped up its East-West pipeline capacity.
May 15, 2026 · 20 articles
International
Abu Dhabi National Oil Company: A tanker affiliated with Abu Dhabi National Oil Company was targeted by Iranian drones, highlighting the direct threat to energy infrastructure in the region.
Saudi Arabia: Saudi Arabia, a key US ally, has called for efforts to reach a political solution to the escalating tensions, indicating its concern over regional stability.
May 05, 2026 · 10 articles
International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company will explore increased crude oil storage in India and potential crude storage in Fujairah, United Arab Emirates, as part of India's strategic reserve. It will also explore expanded LPG supply and trading opportunities with Indian Oil Corporation.
Saudi Arabia: Saudi Arabia provided $3 billion in additional support to Pakistan to help bridge a financing gap related to a debt repayment to the United Arab Emirates.
May 15, 2026 · 6 articles
International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company, the United Arab Emirates' state-owned oil giant, had one of its affiliated tankers targeted by Iranian drones, indicating direct economic impact.
Saudi Arabia: Saudi Arabia condemned the strikes on the United Arab Emirates, aligning with regional concerns about Iranian aggression.
May 04, 2026 · 46 articles
International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company made inquiries for very large crude carriers, suggesting a potential increase in crude oil exports from the Middle East.
Apr 07, 2026 · 117 articles
International
Abu Dhabi National Oil Company: Abu Dhabi National Oil Company made inquiries for very large crude carriers, suggesting a potential increase in crude oil exports from the Middle East.
Apr 07, 2026 · 26 articles
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