XRG | Egypt Oil & Gas
ADNOC’s XRG Finalizes Acquisition of 12.5% Stake in Azerbaijan’s Southern Gas Corridor
XRG, the international energy investment platform owned by Abu Dhabi National Oil Company (ADNOC), has completed the acquisition of a 12.5% stake in Azerbaijan’s Southern Gas Corridor CJSC (SGC) from the country’s Min...
Venezuela Awards Gas License to bp, XRG, and UCC
Venezuela has awarded a license to British Petroleum (bp), UAE-based XRG, and Qatar-based UCC Holding to explore and develop the second phase of the Loran offshore natural gas field, as Caracas seeks to attract foreig...
ADNOC Launches Combined LNG Marketing Platform
Abu Dhabi National Oil Company (ADNOC) launched a global liquefied natural gas (LNG) marketing and trading platform at Abu Dhabi Global Market (ADGM), integrating the marketing operations of ADNOC Gas and XRG with the...
XRG deepens US LNG Footprint with Rio Grande Stake
XRG, the investment arm of Abu Dhabi National Oil Company (ADNOC), has acquired an additional stake in Trains 4 and 5 at the Rio Grande liquefied natural gas (LNG) terminal in Brownsville, Texas, deepening its exposur...
ADNOC Eyes Canada Upstream and LNG for Global Growth
Abu Dhabi National Oil Company (ADNOC) is exploring potential investments in Canada’s upstream and liquefied natural gas (LNG) sectors through its international investment arm, XRG, a senior executive revealed during ...
XRG Expands US Footprint with Stake in Rio Grande LNG
XRG, ADNOC’s global investment subsidiary, has announced an agreement to acquire a 7.6% equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas from an acquisition vehicle owned by Global Infrastructu... ADNOC to Reassign its ownership in OMV to XRG.
ADNOC plans to allocate its ownership stake of 24.9% in OMV AG (OMV) to XRG P.J.S.C. (XRG), its fully owned international investment arm. This planned transfer is pending regulatory approvals.It is expected to suppor...
XRG-Led Consortium Proposes $19B Acquisition of Santos Energy
A consortium led by ADNOC’s (Abu Dhabi National Oil Company) subsidiary, XRG, including the International Energy Investment Company, ADQ (Abu Dhabi Development Holding Company), and global investment firm Carlyle, has...
