Browsing Tag
XRG
7 posts
The 40-year Umm Shaif and Nasr concession is quietly becoming a gas story, and the FID makes it official
ADNOC's $6.2B Umm Shaif Gas Cap FID with TotalEnergies, Eni and CNPC unlocks 600 mmscfd of new gas from 2030, feeding a 47 mtpa LNG buildout by 2035.
July 21, 2026
XRG expands Rio Grande LNG stake as NextDecade approaches first gas
Discover how XRG’s Rio Grande LNG stake strengthens NextDecade’s 30 MTPA project as first gas approaches and NEXT stock faces execution risk. Read more.
July 7, 2026
BP Q1 2026 profit doubles to $3.8bn as oil trading delivers exceptional quarter
BP doubled Q1 profit on an exceptional oil trading quarter. The harder question is whether new CEO Meg O'Neill can convert that windfall into durable returns.
April 28, 2026
Absheron gas and condensate field: Azerbaijan’s Caspian giant moving toward full field development
Absheron is an offshore gas and condensate field in Azerbaijan's Caspian Sea sector, operated by TotalEnergies, SOCAR, and XRG. Phase 2 FID targets July 2026.
April 4, 2026
XRG-led group proposes $5.76 per share in cash to acquire Santos in potential $23 billion energy deal
Santos has received a $5.76/share takeover proposal from an XRG-led consortium. Find out what’s next for the Australian gas major.
June 18, 2025
bp and XRG establish Arcius Energy to drive Egypt’s natural gas expansion
bp and XRG, the international energy investment arm of Abu Dhabi National Oil Company (ADNOC), have officially closed…
December 17, 2024
ADNOC unveils XRG, an $80bn investment leader in lower-carbon energy and chemicals
ADNOC has taken a bold step into the future of energy with the launch of XRG, an independent…
November 28, 2024