Adnoc’s USD 19 bn LNG play could put it in the big leagues with Shell and ExxonMobil
The acquisition would position Adnoc closer to Shell and ExxonMobil, analysts say
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The acquisition would position Adnoc closer to Shell and ExxonMobil, analysts say
Adia’s exact contribution was not disclosed
Economists are weighing different scenarios depending on both the intensity and the duration of the conflict
Plus: Abu Dhabi eyes AED 47 bn in infrastructure contracts for 2H
The MSCI Emerging Markets Index rose 1% while US and European equities pared back losses
Egypt bore the brunt of the sell-off
Santos intends to accept the offer
While higher oil prices will boost revenues, non-oil growth and investments could be impacted
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