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ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit

Infrastructure

20 May, 2024

ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit

Abu Dhabi National Oil Company (ADNOC) on Monday said it has acquired an 11.7% stake in phase 1 of NextDecade's Rio ......

ADNOC scraps talks to buy stake in Brazil's Braskem

Manufacturing

07 May, 2024

ADNOC scraps talks to buy stake in Brazil's Braskem

Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a controlling stake in Braskem, the Brazilian petrochemical producer ......

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

TMT

02 May, 2024

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......

UAE's ADNOC recently eyed BP as takeover target

Manufacturing

12 April, 2024

UAE's ADNOC recently eyed BP as takeover target

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary ......

Grapevine: Rosneft eyes BPCL; Anshu Jain, others to help Yes Bank raise funding

General

06 February, 2020

Grapevine: Rosneft eyes BPCL; Anshu Jain, others to help Yes Bank raise funding

Russia’s largest oil producer Rosneft is keen to bid for Bharat Petroleum Corp. Ltd (BPCL), people in the know told ......

PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects

Economy

29 October, 2019

PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects

Prime Minister Narendra Modi said on Tuesday Saudi Arabia will invest in downstream oil and gas projects in India as ......

ONGC-led group gets stake in ADNOC offshore oil concession

Manufacturing

12 February, 2018

ONGC-led group gets stake in ADNOC offshore oil concession

A consortium led by India’s Oil and Natural Gas Corp has become the first group to win a stake in ......

Premium
Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Infrastructure

17 July, 2024

Alpha Dhabi Holding to sell stake in oilfield services firm to JV with ADNOC Drilling

Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding Company (IHC), will transfer its controlling stake in an oilfield ......

ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer

Infrastructure

24 June, 2024

ADNOC gets access to German firm Covestro's books after $12.5-bn takeover offer

German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved 11.7 ......

BlackRock, KKR sell stake in ADNOC assets to Abu Dhabi's Lunate

Infrastructure

04 April, 2024

BlackRock, KKR sell stake in ADNOC assets to Abu Dhabi's Lunate

Abu Dhabi investor Lunate said on Wednesday it had bought a 40% stake from private equity firms BlackRock and KKR ......