Abu Dhabi is seeking investors to help build hydrogen export facilities, as Middle Eastern oil producers step up plans to sell what’s seen as a crucial fuel in the transition to cleaner energy.
Abu Dhabi National Oil Co. awarded a stake in its largest oil concession to China National Petroleum Corp. as the Middle East emirate brings in more foreign investors to raise crude production capacity.
Oil markets will probably balance by the end of next year, with prices rising in the medium term, according to Sultan Al Jaber, the new head of Abu Dhabi National Oil Co.
