In this paper, a new 3D chaotic dissipative system is introduced. Basics dynamical characteristics and properties are studied such as equilibrium points, Lyapunov exponent spectrum, Kaplan-Yorke dimension. Dynamics of the new 3D chaotic system is investigated also numerically using largest Lyapunov exponents spectrum and bifurcation diagrams. We derive new control results via adaptive control method based on Lyapunov stability theory and adaptive control theory for globally and exponentially synchronizing the identical 3-D novel chaotic systems with unknown system parameters. The results are validated by numerical simulation using Matlab.