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Energy and Power

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Abu Dhabi discovers new reserves of Hydrocarbon

Published On 28 Dec 2019 10:14 AM


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The recent discovery of new reserves of Hydrocarbons in Abu Dhabi comes at a trying time for UAE. Lately due to depleting oil reserves, Abu Dhabi has slipped in its global oil and gas ranking to the 7th position. With the new discovery Abu Dhabi has gained back its 6th rank.

Supreme Petroleum Council (SPC) of Abu Dhabi made a formal announcement about the discovery. With the new found reserves are estimated to have seven billion barr....


Tags : Abu Dhabi, Hydrocarbon, Sheikh Mohamed bin Zayed Al Nahyan,
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