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Story perspectives

ADNOC's Bold Shift: From Oil Giant to Global Leader

2/25/2026

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Story summary
  • Sultan Ahmed Al Jaber, leader of ADNOC, has led the company since 2016 to modernize.
  • Under his leadership, ADNOC became a global player and positioned the UAE as a competitor to Saudi Arabia within OPEC.
  • The company has gained financial power enabling interventions in Sudan and Yemen, increasing regional tensions.
  • ADNOC is diversifying beyond oil, aiming for top positions in natural gas, chemicals, and renewables, marking a risky transition.