Adnoc News

 

VTTI to Control Italy's Biggest LNG Terminal, Snam to Get 30%

Apr 03, 2024

Energy storage group VTTI will get a 70% stake in Italy's biggest liquefied natural gas (LNG) terminal, with grid operator Snam owning the rest, the Milan-listed group said on Wednesday, announcing a deal to be finalised by year-end.Snam, which is controlled by the Italian government, said in a statement it had exercised its pre-emption right to increase its stake in the infrastructure dubbed Adriatic LNG to 30% from 7…

ADNOC L&S, Borouge Sign $531M Partnership to Boost UAE Petrochemical Exports

Jun 11, 2025

ADNOC Logistics & Services Plc (ADNOC L&S) has signed a 15-year strategic partnership agreement with Borouge, worth $531 million, to manage shipping and port logistics for the company’s expanding petrochemical exports.The agreement positions…

AquaChemie Opens Chemical Facility in KEZAD

Feb 12, 2025

AquaChemie Global Chemicals has inaugurated its state-of-the-art chemical manufacturing, storage, and blending facility in Khalifa Economic Zones Abu Dhabi (KEZAD), marking a significant step in enhancing local industrial capabilities and supporting the UAE’s 'Make it in the Emirates' initiative…

Navig8 Announces 80% Acquisition by ADNOC

Jan 08, 2025

Navig8 TopCo Holdings Inc. announced that it has been acquired by ADNOC Logistics and Services plc.Navig8 is an international shipping pool operator and commercial management company with a modern owned fleet of 32 tankers and a presence in 15 cities across five continents…

Traders Shipping Record Diesel Volumes from Asia in VLCCs

Aug 29, 2024

Traders are slated to load record volumes of diesel on very-large crude carriers (VLCCs) from Asia to West of Suez markets in August, a trend likely to continue next month, data from trade sources and shiptrackers showed.Five supertankers - Maran Leo…

APM Terminals Pipavav Commences VLGC Operations

Aug 14, 2023

APM Terminals Pipavav (GPPL - Gujarat Pipavav Port) has officially kicked off very large gas carrier (VLGC) operations with the maiden berthing of Great Eastern Shipping Company's 230 meters long Jag Viraat earlier this month.The VLGC loaded cargo from Ruwais…

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