Abu Dhabi National Oil Co. is set to launch a new investment company named XRG in the first quarter of next year, focusing on international natural gas, chemicals, and low-carbon energy operations. With an enterprise value exceeding $80 billion, XRG aims to more than double its asset value over the next decade.
Abu Dhabi National Oil Co. is reportedly considering the sale of an additional 3% to 5% stake in its gas unit, Adnoc Gas. With the company's recent valuation, a 5% stake could be worth over $3.5 billion.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.
