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Market Chatter: Adnoc Reportedly Weighs Stakes in Refineries in Thailand, Nigeria
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06:43 AM EDT, 09/07/2026 (MT Newswires) -- Abu Dhabi National Oil Co., d/b/a Adnoc, is reportedly looking to acquire stakes in refineries operated by PTT Pcl units in Thailand and in Dangote's facilities in Nigeria. Citing unnamed sources, Bloomberg News reported Monday that the proposed Thai deal, which could be announced in 2026, would allow Adnoc to supply crude to the facility and purchase fuels to sell to other buyers. Adnoc did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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