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Tag: Adnoc
Abu Dhabi leads new AI-energy integration push Abu Dhabi has launched a major cross-sector initiative linking energy and technology at unprecedented scale. ADNOC announced a new alliance with Microsoft, Masdar,...
Occidental and ADNOC’s investment arm, XRG, have signed a Strategic DAC Framework Agreement to evaluate a joint venture for a large-scale Direct Air Capture (DAC) facility in South Texas. Under...
ADNOC has unveiled XRG, a transformational international investment company with an enterprise value exceeding $80 billion. The independently operated venture focuses on lower-carbon energy and chemicals, aiming to double its...
The UAE continues to make significant strides in clean energy investments, with total investments exceeding $12 billion (AED 45 billion), according to Suhail bin Mohammed Al Mazrouei, Minister of Energy...
ADNOC’s Strategic Stake in ExxonMobil’s Hydrogen Plant Abu Dhabi’s ADNOC will acquire a 35% stake in ExxonMobil’s upcoming hydrogen plant in Baytown, Texas. This move is part of a broader...
PETRONAS, ADNOC, and Storegga have signed a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) storage capabilities of saline aquifers and develop CCS facilities in the...
ADNOC and bp announced that they have agreed to form a new joint venture (JV) in Egypt. The JV (51% bp and 49% ADNOC) will combine the pair’s deep technical...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors in his capacity as its Chairman. During the...
Key Impact Points: ADNOC announced it has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global...
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