A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...

Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has invested $50m in ADNOC Gas Pipeline Assets (AGPA) through a specialised investment fund managed by Abu Dhabi-based alternative ...

Abu Dhabi National Oil Company has sealed a long-awaited deal to create a $60bn global plastics company after agreeing to combine its petrochemical assets ... and buildings. Adnoc and OMV said ...

bp and XRG, ADNOC’s international energy investment company, have established Arcius Energy—a joint venture natural gas platform aimed at developing gas assets in Egypt. bp and XRG ...

(MENAFN- Daily News Egypt) BP and XRG, ADNOC's international energy investment ... that will initially concentrate on developing gas assets in Egypt. The financial close and formation of the ...

XRG, ADNOC’s ... with bp holding a 51 per cent stake and XRG 49 per cent. The newly formed company will initially operate in Egypt, leveraging bp’s existing assets and exploring new ...

Image: Reuter XRG, the international lower-carbon energy and chemicals investment company which was launched by Abu Dhabi National Oil Company (ADNOC) last month, and BP have agreed to form ... aims ...

Large companies typically evaluate the market value and strategic worth of rivals for potential acquisitions. BP was one of many companies ... as key future growth markets. ADNOC has been pursuing a ...

Eni has diversified its European refining assets with the addition of capacity in the Middle East through its 20% ownership in ADNOC refining ... to firm value as BP’s Macondo incident in ...

In May, BP reportedly planned to transfer assets into a new joint venture with the ADNOC to focus on developing gas resources in the East Mediterranean. Last week, BP entered into a memorandum of ...