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Adnoc Gas on course to be one of the world’s largest listed gas firms
Adnoc Gas is set to raise some USD 2 bn in its upcoming IPO, valuing the company at USD 50…
Adnoc Distribution closes acquisition of 50% of TotalEnergies Egypt
The acquisition marks Adnoc’s entry into the Egyptian fuel distribution market
THIS EVENING: Adnoc now owns half of TotalEnergies + Sturgeon is out
Good afternoon, wonderful people. It’s a busy Wednesday afternoon, with a pipeline of news to keep you busy as we…
B Investments finalizes exit from TotalEnergies Egypt
BPE Partners’ B Investments has completed the sale of its entire 6.38% stake in TotalEnergies Egypt to TotalEnergies Marketing Afrique…
OPEC+ maintains oil output as uncertainty clouds market outlook
OPEC+ keeps oil output steady: The OPEC oil cartel and its allies kept oil output unchanged in a virtual meeting…
Global M&A volumes falls almost a third in 2022
M&A activity fell c.30% y-o-y to USD 3.5 tn in 2022 on the back of high interest rates, inflation, and…
Adnoc appoints banks to take lead on IPO of gas business, says Bloomberg
Adnoc is moving ahead with its big IPO plans for gas unit: The Abu Dhabi National Oil Company (Adnoc) has…
Taqa is now Masdar’s biggest shareholder
Mubadala sells majority stake in Masdar to Taqa + Adnoc: The UAE’s national oil company Adnoc and state energy firm…
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