Abu Dhabi National Oil Company (Adnoc) is embarking on a transformative journey to solidify its position as a global leader in energy trading. The company’s trading division is set to increase its handling of oil and refined products by nearly two-thirds in the coming years, marking a pivotal phase in its growth trajectory. This ambitious expansion is part of a broader strategy to enhance the UAE’s role in global energy markets and maximize value creation across the energy supply chain. Since its inception in 2018, Adnoc Global Trading has rapidly expanded its footprint, establishing offices in Singapore and Geneva, with plans to open a new hub in Houston by 2027. This global presence enables Adnoc to capture greater value from its production and respond effectively to shifting market dynamics. Adnoc’s trading operations are divided into two complementary arms: Adnoc Trading, focused on crude oil, and Adnoc Global Trading (AGT), a joint venture with Eni and OMV, specializing in refined products like diesel, jet fuel, and gasoline. This dual structure allows the company to operate across the entire value chain, from upstream production to downstream sales, enhancing profitability and flexibility. Market analysts highlight the strategic timing of this expansion, as global energy markets undergo significant transformation due to volatile prices, evolving trade flows, and the energy transition. By scaling its trading operations, Adnoc aims to hedge against price fluctuations and capture downstream value traditionally earned by intermediaries. The planned 60–70% increase in trading volumes will position Adnoc among the elite national oil company traders, such as Saudi Aramco Trading, Equinor, and Shell. The addition of a Houston office is particularly strategic, given the US Gulf Coast’s prominence as a global energy trading and refining hub. This move will provide Adnoc with access to critical market intelligence and trading opportunities in North and Latin America. Adnoc’s expansion aligns with its broader efforts to diversify its energy portfolio, invest in low-carbon solutions, and strengthen partnerships with global energy majors. The company is also transforming its Ruwais Industrial Complex into a world-class refining and chemicals hub, while listing subsidiaries on the Abu Dhabi Securities Exchange to attract foreign investment. Industry experts view Adnoc’s trading expansion as a logical step in its evolution, enabling the UAE to reinforce its status as a global energy hub. As Adnoc scales its operations and embeds itself in key global markets, it is redefining the role of a 21st-century oil producer — agile, globally connected, and commercially driven.