Completion of 10% stake divestment in Area 4 Mozambique Announcement March 28, 2025 Following the announcement on May 22, 2024 (here), Galp has successfully completed the sale of its upstream assets ...

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of Galp’s 10% interest in the Area ...

UAE state-owned player says it has completed acquisition of Galp’s 10% interest in Mozambique's Area 4 concession ...

Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, visited ...

United Arab Emirates’ Sheikh Tahnoon bin Zayed Al Nahyan may be seeking to bend President Donald Trump’s ear on artificial ...

ADNOC Logistics & Services Plc (ADNOC L&S) today announced shareholder approval of all agenda items at its Annual General ...

Prior to any listing, ADNOC must appoint a Chief Executive Officer for XRG and transfer relevant assets to the subsidiary. Established in late 2024, XRG serves as ADNOC’s vehicle for expanding into ...

This prospective acquisition aligns with ADNOC’s strategic objective to expand its global energy portfolio and diversify its operations. The state-owned oil giant has been actively pursuing ...

ADNOC Gas approved record dividends of USD 3.41 billion for 2024, with strong financial performance and growth in gas ...

That had been previously announced two days ago. A commitment by XRG, the international investment arm of UAE state oil ...

The UAE has pledged a $1.4 trillion investment framework across 10 years in the U.S. after top UAE officials met President ...