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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.
In 2015, Borse Dubai sold its $2.2bn stake in the London Stock Exchange, [48] [49] while Emirates National Oil Company (ENOC) acquired full ownership of Dragon Oil, an exploration and production company in Turkmenistan. [50] DAE divested its interest in American MRO provider StandardAero to New York-based private equity firm Veritas Capital. [51]
Dragon Oil Holdings LLC is an independent international oil and gas exploration, development and production business. It is based and registered in Dubai and its operations are primarily located in Turkmenistan. The company was listed on the Irish Stock Exchange until it was acquired by the Emirates National Oil Company (ENOC). It is now a ...
DUBAI, United Arab Emirates (AP) — Pressure to phase out fossil fuels mounted Thursday on the oil company chief who took over fragile international climate negotiations that opened in Dubai amid ...
The Abu Dhabi National Oil Company, known as ADNOC, said it is also committed to acheiving zero methane emissions by 2030. ... A state-run oil giant in the United Arab Emirates said Monday it has ...
The United Arab Emirates is refashioning state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue ...
Emirates National Oil Company; F. Flydubai; I. Investment Corporation of Dubai; Investopia This page was last edited on 22 April 2024, at 09:24 (UTC). Text is ...