Author(s)
NA, NA
Book, Journal
Emerald Expert Briefings NA, NA, NA 2021-02-18
Abstract
Significance This is part of a wider strategy to capture more value from hydrocarbons resources, launched after a major corporate restructuring following the 2015 oil price crash. The publicly owned oil firm reported on February 16 a 9.7% annual increase in net profits in 2020, despite pandemic-related problems. Impacts The discovery of vast unconventional oil reserves will drive technological innovation and partnerships with US shale firms. Downstream petrochemicals in Asia will be crucial to ADNOC’s international expansion plans. Lower oil prices and increased US scrutiny may speed up Abu Dhabi’s scaling-back of its interventionist foreign policy.
DOI
http://dx.doi.org/10.1108/oxan-db259637
NA: Nicht verfügbar