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Press Releases

Strategic Investments and Synergies Critical to Global Energy Sector Progress,” says H.E. Suhail Al Mazrouei, UAE Minister of Energy

Strategic Investments and Synergies Critical to Global Energy Sector Progress,” says H.E. Suhail Al Mazrouei, UAE Minister of Energy

UAE Officials and World Experts Share Views on Oil and Gas Industry Developments at Exclusive ‘Al Multaqa’ Gathering in Abu Dhabi

IPIC’s FY 2015 financial performance driven by long-term investment strategy in volatile global environment

IPIC’s FY 2015 financial performance driven by long-term investment strategy in volatile global environment

New senior leadership, prudent financial management, strong cash position and diversified portfolio successfully guiding the Group through global industry downturn

Mohamed bin Zayed issues a resolution to merge IPIC and Mubadala

Mohamed bin Zayed issues a resolution to merge IPIC and Mubadala

IPIC and ÖBIB extend OMV syndicate agreement

IPIC and ÖBIB extend OMV syndicate agreement

Signing ceremony signifies strengthening of energy ties between UAE and Austria

Minister of Energy in an official visit to Algeria

Minister of Energy in an official visit to Algeria

“IPIC Reads” Initiative Marks the UAE Year of Reading

“IPIC Reads” Initiative Marks the UAE Year of Reading

IPIC participates in Tawdheef for the third consecutive year

IPIC participates in Tawdheef for the third consecutive year

The company shows an 8% increase in Emiritization in the past year

IPIC Releases 2014 Financial Year Results

IPIC Releases 2014 Financial Year Results

IPIC reports AED 5.6 billion of net profit for the year 2014.

Aabar taps strong investor demand for high-quality bonds

Aabar taps strong investor demand for high-quality bonds

Aabar Investments has seized the initiative with a ground breaking debt by issuing a Euro 2Billion exchangeable bond with a creative structure that combines Aabar’s strong reputation as a long-term investor with the financial strength of its parent, International Petroleum Investment Company (IPIC).

IPIC joins forces with ITU world triathlon Abu Dhabi as title sponsor

IPIC joins forces with ITU world triathlon Abu Dhabi as title sponsor

The International Petroleum Investment Company (IPIC) has signed an agreement as title sponsor of the world’s most prestigious triathlon event contested by Olympic and World Champions.

Orascom Construction and IPIC Sign Memorandum of Understanding with Egyptian Government for the Exclusive Assignment of a Project Site

Orascom Construction and IPIC Sign Memorandum of Understanding with Egyptian Government for the Exclusive Assignment of a Project Site

Orascom Construction, the Engineering & Construction Group wholly owned by OCI N.V. (NYSE Euronext: OCI), and the International Petroleum Investment Company (IPIC), today signed a Memorandum of Understanding (MoU) with the Egyptian government for the cooperation in the development of a 2,000 – 3,000 Megawatt (MW) coal-fired power plant in Egypt.

Cepsa enters the Exploration and Production market in Abu Dhabi

Cepsa enters the Exploration and Production market in Abu Dhabi

Cepsa and Cosmo Oil, one of the main refining and marketing companies in Japan, have signed an agreement for the creation of the company Cosmo Abu Dhabi Energy Exploration & Production Co. Ltd.

Real Madrid and IPIC Sign Long Term Strategic Partnership

Real Madrid and IPIC Sign Long Term Strategic Partnership

Partnership to empower Real Madrid Schools of Football around the world, and facilitate development and global expansion of Club museum. Long-term strategic agreement to convert stadium.

IPIC invites UAE Judo stars to IPIC HQ

IPIC invites UAE Judo stars to IPIC HQ

The International Petroleum Investment Company (IPIC), official partner of the UAE Wrestling Judo and Kickboxing Federation and title Sponsor of the IPIC Judo Grand Slam Abu Dhabi 2014, welcomed the UAE Judo stars to IPIC Tower to meet the media and special guests.

‘Million Player’ Championship Returns to the UAE

‘Million Player’ Championship Returns to the UAE

Organisers expect more than 50,000 PS4 gamers to compete on FIFA 14 for the 1 million AED first prize

IPIC Releases 2013 Financial Year Results

IPIC Releases 2013 Financial Year Results

IPIC reports AED 7.9 billion of net profit for the year 2013.

Q&A with George Whitesides, CEO and President of Virgin Galactic

Q&A with George Whitesides, CEO and President of Virgin Galactic

IPIC Signs Pillar Partner Agreement with Meydan Group

IPIC Signs Pillar Partner Agreement with Meydan Group

Company Inks Al Quoz Sprint Sponsorship Agreement for Dubai World Cup.

IPIC Portfolio Companies CEPSA and COSMO Announce Strategic Partnership

IPIC Portfolio Companies CEPSA and COSMO Announce Strategic Partnership

Japan’s Cosmo Oil Co. Ltd (COSMO) and Spain’s Compañía Española de Petróleos S.A.U. (CEPSA) have today signed a Memorandum of Agreement relating to strategic cooperation in oil and gas, both in the U.A.E. and globally.

IPIC Releases First Half 2013 Financial Results

IPIC Releases First Half 2013 Financial Results

The International Petroleum Investment Company (IPIC), the public joint stock company wholly owned by the Government of the Emirate of Abu Dhabi, released today its interim consolidated financial statements and financial highlights for the first half of 2013.

Symbol of UAE pride to be seen by millions around the world on F1 cars

Symbol of UAE pride to be seen by millions around the world on F1 cars

A symbol of UAE pride will be painted onto two Formula 1 racing cars for the 2013 Etihad Airways Abu Dhabi Grand Prix, it was announced today. The “Kullunna Khalifa” logo will be on the side of both Scuderia Toro Rosso F1 cars throughout the weekend.