UAE

ADNOC Board Discusses Adjustment of Equity Margins and Differentials 

The Board of Directors of the Abu Dhabi National Oil Company (ADNOC) is now scheduled to hold its crucial meeting regarding the proposed adjustment of equity margins and differentials on Abu Dhabi crude on Saturday, 13 October, MEES learns. The meeting was originally due to be held on 9 October (MEES, 8 October) but was postponed.

MEES understands that the UAE Oil Minister, Dr. Mana Saeed al-Otaiba, has...