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ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit

Infrastructure

20 May, 2024

ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit

Abu Dhabi National Oil Company (ADNOC) on Monday said it has acquired an 11.7% stake in phase 1 of NextDecade's Rio ......

ADNOC scraps talks to buy stake in Brazil's Braskem

Manufacturing

07 May, 2024

ADNOC scraps talks to buy stake in Brazil's Braskem

Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a controlling stake in Braskem, the Brazilian petrochemical producer ......

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

TMT

02 May, 2024

Abu Dhabi AI company Presight takes majority stake in tech venture AIQ

Artificial intelligence company Presight AI Holding has acquired a majority stake in AIQ, a technology joint venture between Abu Dhabi ......

UAE's ADNOC recently eyed BP as takeover target

Manufacturing

12 April, 2024

UAE's ADNOC recently eyed BP as takeover target

The United Arab Emirates' state-owned oil company recently considered buying Britain's BP but the deliberations did not progress beyond preliminary ......

Grapevine: Rosneft eyes BPCL; Anshu Jain, others to help Yes Bank raise funding

General

06 February, 2020

Grapevine: Rosneft eyes BPCL; Anshu Jain, others to help Yes Bank raise funding

Russia’s largest oil producer Rosneft is keen to bid for Bharat Petroleum Corp. Ltd (BPCL), people in the know told ......

PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects

Economy

29 October, 2019

PM Modi says Saudi Arabia to invest in India's downstream oil, gas projects

Prime Minister Narendra Modi said on Tuesday Saudi Arabia will invest in downstream oil and gas projects in India as ......

ONGC-led group gets stake in ADNOC offshore oil concession

Manufacturing

12 February, 2018

ONGC-led group gets stake in ADNOC offshore oil concession

A consortium led by India’s Oil and Natural Gas Corp has become the first group to win a stake in ......

ADNOC to acquire German chemicals company Covestro for $16 bn

Manufacturing

01 October, 2024

ADNOC to acquire German chemicals company Covestro for $16 bn

Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, ......

Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project

Manufacturing

04 September, 2024

Abu Dhabi's ADNOC to buy minority stake in ExxonMobil's Texas project

Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in ExxonMobil Corp's proposed low-carbon hydrogen project in ......

ADNOC finalising due diligence for Covestro takeover

Manufacturing

29 August, 2024

ADNOC finalising due diligence for Covestro takeover

Abu Dhabi National Oil Company (ADNOC) is finalising due diligence for a takeover of Covestro in a deal that could ......