News

Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...
Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...
Adnoc is most interested in BP’s LNG and gas fields, than taking over entire company Abu Dhabi National Oil Co. has been internally studying the prospects for acquiring some BP assets and has ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
One of ADNOC's key in-country assets gets a strategic investor through the Azerbaijani state fund. Afra Al Nofeli/Gulf News Dubai: The Azerbaijani oil fund has invested $50 million in ADNOC Gas ...
The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has invested $50m in ADNOC Gas Pipeline Assets (AGPA) through a specialised investment fund managed by Abu Dhabi-based alternative ...
BP is negotiating the sale of a portion of its Wyoming assets, but the potential deal was initiated about a month before the company's recent announcement to sell $10 billion in assets worldwide.
Abu Dhabi National Oil Company (Adnoc) has signed framework agreements worth 6 billion dirhams ($1.64 billion) with 12 United Arab Emirates-based companies, aimed at manufacturing critical ...
BP acquired Castrol in 2000 for approximately £3 billion, integrating it into its downstream business. The lubricants unit is now viewed as a valuable standalone asset. Analysts at Bernstein ...
Adnoc and Emirates Global Aluminium (EGA) on Tuesday announced a five-year supply agreement for up to 1.5 million tonnes of calcined petroleum coke (petcoke), a key raw material used in aluminum ...