ADNOC

Infrastructure

26 March, 2025

UAE renewables firm Masdar weighs possible IPO

Abu Dhabi's state-owned renewables company Masdar is in the early stages of considering an initial public offering, three people with ......

Manufacturing

10 March, 2025

ADNOC eyes international listing of investment arm XRG

Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United ......

Manufacturing

04 March, 2025

ADNOC, Austria's OMV to form $60 bn JV; to buy Canada's Nova Chemicals

Austrian energy firm OMV and Abu Dhabi National Oil Co will merge their polyolefin businesses to create a $60 billion ......

Consumer

16 December, 2024

BP, ADNOC's XRG agree Egypt gas JV Arcius Energy

BP and Abu Dhabi National Oil Company's international investments arm XRG said on Monday they have closed a deal for ......

Finance

12 December, 2024

UAE president names Blackstone's Gray, others to board of ADNOC investment arm XRG

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan approved a board of directors for XRG, state oil giant ......

Manufacturing

28 November, 2024

ADNOC sets up international investment arm XRG

United Arab Emirates state oil group ADNOC on Wednesday announced the launch of XRG, an investment company focusing on lower-carbon ......

Manufacturing

01 October, 2024

ADNOC to acquire German chemicals company Covestro for $16 bn

Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, ......

Manufacturing

04 September, 2024

Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project

Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in ExxonMobil Corp's proposed low-carbon hydrogen project in ......

Manufacturing

29 August, 2024

ADNOC finalising due diligence for Covestro takeover

Abu Dhabi National Oil Company (ADNOC) is finalising due diligence for a takeover of Covestro in a deal that could ......

Infrastructure

30 July, 2024

UAE's Masdar plans more European bets after $887 mn Spanish solar deal

United Arab Emirates' renewable energy company Masdar is seeking more opportunities in Europe's green energy sector and will consider both ......

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