7 billion barrels of oil found in new Abu Dhabi reserves, UAE in sixth position in global oil reserves UAE announces new pricing mechanism for ADNOC Murban
Abu Dhabi: The UAE’s Supreme Petroleum Council on Monday announced a new pricing mechanism for ADNOC Murban crude, which will be listed on “an exchange,” and also announced a major increases in Abu Dhabi’s oil and gas reserves. During the meeting held at ADNOC headquarters, the Council revealed the discovery of new hydrocarbon reserves estimated