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
Santos intends to accept the offer
XRG’s plan targets 20-25 mtpa in LNG capacity, as well as top-three status in chemicals via Covestro and Borouge
The UAE’s energy investments in the US are scheduled to be valued at USD 440 bn by 2035
XRG will hold a 38% stake in the gas block
Plus: Dubai is getting a sports and entertainment freezone cluster
XRG acquired approximately 91.3% of Covestro's total outstanding shares
The joint venture between the two gas players will focus on investments in Egypt
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