Oil Markets Going Through Period of Instability, ADNOC

ADNOC signs agreements with two Indonesian companies

The Abu Dhabi National Oil Company (ADNOC) signed agreements with Indonesia’s Pertamina and Chandra Asri. They are to develop petrochemicals and gas, UAE state news agency WAM reported on Sunday. ADNOC signed a memorandum of understanding to explore the development of a petrochemicals complex in Balongan, Indonesia. It also signed a sales agreement which will...

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