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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 ......

UAE renewables firm Masdar swings to profit in 2024, triples assets

Infrastructure

31 July, 2025

UAE renewables firm Masdar swings to profit in 2024, triples assets

Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on Thursday, reversing a ......

ADNOC's $17.2 bn Covestro deal in EU crosshairs over subsidies

Manufacturing

29 July, 2025

ADNOC's $17.2 bn Covestro deal in EU crosshairs over subsidies

Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.2 billion) bid for German chemicals company Covestro may face hurdles ......

ADNOC leads $18.7-bn proposal to buy Australia's Santos in LNG push

Infrastructure

16 June, 2025

ADNOC leads $18.7-bn proposal to buy Australia's Santos in LNG push

Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an ......

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