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Adnoc settles exchangeable bonds for $1.195bn in cash

Abu Dhabi National Oil Company (Adnoc) plans to settle its US Dollar-denominated senior unsecured bonds in Adnoc Distribution, bearing a 0.70 per cent coupon, via a cash payment on June 4, 2024, with a payment of up to $1.195 billion and $4.18 million in

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BP's new boss trims leadership team amid shake-up

Oil giant BP's new boss reveals plans to reduce leadership team amid shake-up

The group is reducing its executive director leadership team to 10 from 11 after a move to axe the regions, corporates and solutions division, which will be merged within its other businesses

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Adnoc to redeem exchangeable bonds in distribution arm upon maturity in June 2024

Adnoc to redeem exchangeable bonds in distribution arm upon maturity in June 2024
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UAE's State Oil Giant Adnoc Explores Multibillion Pound Takeover of BP

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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