A bu Dhabi National Oil Company (ADNOC) has announced its plan to transfer a 24.9% shareholding in Austrian oil and gas ...

This transfer, which is subject to regulatory approvals, is aligned with ADNOC's strategy to consolidate its international ...

In a bold declaration shaping the future of global energy, the United Arab Emirates has unveiled an unprecedented plan to inject US $440 billion into the U. S. energy sector over the coming decade.

DubaiADNOC will shift its 24.9 per cent holding in Austrian oil‐and‐gas group OMV AG into XRG P. J. S. C, the UAE sta ...

The transfer is subject to regulatory approvals and is aligned with Adnoc’s strategy to consolidate its international growth ...

Abu Dhabi's Adnoc said it will transfer its 24.9% shareholding in Austria's OMV to its investment company XRG as part of its strategy to consolidate international investments in the unit. Adnoc, or ...

As shareholders wait to see if Treasurer Jim Chalmers will bless the $36 billion takeover, here’s all you need to know about ...

XRG, set up to operate separately from ADNOC, aims to double its asset value in the next 10 years. While independent, its strategies are still shaped by ADNOC.

Sultan Ahmed Al Jaber, during U.S. President Donald J. Trump’ s state visit to the United Arab Emirates. "We are proud to advance our decades-long partnership with ADNOC and XRG on our South ...

Arcius Energy is majority-owned by bp, with a 51% stake, while XRG holds the remaining 49%. Naser Saif Al Yafei, an ADNOC veteran, has been appointed as CEO of Arcius Energy.

For XRG, which ADNOC launched last year, reports of interest in some of BP's assets come as the investment company seeks deals on gas and chemicals assets to help it reach an enterprise value of $ ...