Abu Dhabi Expands Worldwide Solar Investments
In May Abu Dhabi Water and Electricity Authority (ADWEA) closed a project finance agreement for the 1.17-GW Noor Abu Dhabi, a project set to be the largest independent solar plant Continue Reading
Is Abu Dhabi’s Oil Major Eyeing An Aramco Style IPO?
Abu Dhabi’s national oil company, ADNOC, has gotten the Saudi fever it seems. After restructuring part of its ongoing upstream business, most notably, the merger of some of its Operating Continue Reading
Gulf’s $24 Billion Bond Bonanza Meets Cash Need in Cheap Oil Era
Middle East international bond sales are off to the strongest ever start to a year as borrower demand for funds outstrips the firepower of local banks in an era of Continue Reading
Are Gulf Oil Producers Falling Into The ‘Venezuela Trap’?
Oman has struck a deal with several banks for a $4 billion loan to be repaid in future oil deliveries. Abu Dhabi signed a contract with commodity trading giant Vitol Continue Reading
Abu Dhabi Awards China’s CEFC 4% Of Oil Concession For $900MM
Abu Dhabi awarded a 4 percent stake in its giant onshore oil concession to CEFC China Energy Co for a fee of 3.3 billion dirhams ($900 million), state-owned Abu Dhabi Continue Reading
BP Takes Abu Dhabi Oil Field Stake for $2.2 Billion in Stock
BP Plc cemented its 77-year relationship with Abu Dhabi by swapping about $2.2 billion of its own shares for a stake in one of the emirate’s largest onshore oil concessions. Continue Reading
Oil prices firm as Abu Dhabi cuts exports amid soaring Asian demand
Oil prices were stable on Tuesday, supported by strong demand in Asia and a supply cut by Abu Dhabi as part of production curbs organized by OPEC and other exporters. Continue Reading
Oil prices firm as Abu Dhabi cuts exports amid soaring Asian demand
Oil prices were stable on Tuesday, supported by strong demand in Asia and a supply cut by Abu Dhabi as part of production curbs organized by OPEC and other exporters. Continue Reading
Abu Dhabi’s $125 Billion Empire From Pipelines to Spaceships
Abu Dhabi, home to 6 percent of the world’s oil reserves, plans to merge two of its largest sovereign investment funds to form an asset pool more than twice the Continue Reading
The GCC Seeks Cohesion With Renewed Urgency
For the Gulf states, maintaining unity becomes all the more important amid economic slowdown. Click here to continue reading… Stratfor provides global awareness and guidance to individuals, governments and businesses Continue Reading