DUBAI: Abu Dhabi, the Persian Gulf emirate that holds about 6% of global crude reserves, replaced the head of its state oil company with an executive who spent the last 10 years investing in energy as prices languish near a 12–year low.
Sultan Al Jaber (pic) was named director-general of Abu Dhabi National Oil Co, succeeding Abdulla Nasser Al Suwaidi, who had the job since June 2011, state-run Emirates News Agency reported, citing a government decree.
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