Sat, Mar 23, 2024
The government has allowed Abu Dhabi National Oil Company (Adnoc) to export crude oil it has stored in underground strategic storages at Mangalore to give operational flexibility to the foreign firm, an order of the Ministry of Commerce and Industry said.
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Sun, Feb 24, 2019
Funds managed by KKR and BlackRock will form a consortium to hold a 40 percent stake in the entity with ADNOC owning the remainder. ADNOC will have sovereignty over the pipelines and management of pipeline operations.
Mon, Nov 12, 2018
"We will sign a memorandum of understanding with ADNOC to fill two compartments in Padur along the same lines as the Mangalore cavern," said one source with direct knowledge of the matter, declining to be named ahead of an official statement.
Tue, Feb 13, 2018
ADNOC said its oil consignments for next 2 months are booked and it would start filling the Mangalore storage from April
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