News

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 ...
ADNOC rebuffs talk that Australia’s LNG customers have concerns about the proposed takeover, saying it has “strong ties” in ...
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 Middle East Institute (MEI) is proud to announce that His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and ...
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 ...
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 ...
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.
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.
BP and XRG, ADNOC's international energy investment company, establish new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.
Adnoc announced on Wednesday its intention to transfer its 24.9 per cent shareholding in OMV AG to XRG, its wholly-owned ...