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Established in 1993, ENOC is a wholly owned company of the Government of Dubai, through the Investment Corporation of Dubai. [1] In 1999 ENOC opened its first oil refinery, which produced 120,000 barrels per day (19,000 m 3 /d) and cost about AED 1.5 billion.
It is located in Dubai and operated by the Emirates National Oil Co. , which is owned by the Government of Dubai. It is a 120 kbpd gas condensate refinery, and processes mainly condensate or light crude oil. These inputs are processed to various products, including LPG, naphtha, jet fuel, diesel fuel and fuel oil.
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.
In 2012 Dragon Oil launched a $200 million share buyback and the shares in Dubai rose 7 %. [15] In 2013 Forbes ranked Dragon Oil on Forbes Global 2000 at place 1902. [16] From 2012 to 2015, Dragon Oil suffered setbacks caused by several delivery delays of a drilling platform, an important part of the companies progress in the Caspian Sea. [17]
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The Abu Dhabi National Oil Company (Arabic: شركة بترول أبو ظبي الوطنية), known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE). It is the world's 12th largest oil company by production. [2]
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This is a list of oil refineries.The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery.