XRG, ADNOC

ADNOC announces launch of lower-carbon energy company XRG
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ADNOC launches $80B low carbon energy company XRG: What we know
Abu Dhabi National Oil Company ( ADNOC) announced Wednesday that it is launching a new lower carbon energy and chemicals company called XRG, with a value of at least $80 billion, to capitalize on the growing demand for clean energy.
VIDEO: ADNOC launches XRG, its $80bln low-carbon energy and chemicals investment company
The UAE energy giant Abu Dhabi National Oil Co. (ADNOC) has rolled out a new lower-carbon energy and chemicals investment company XRG, with an enterprise value of over $80 billion. XRG is expected to more than double its asset value over the next decade by capitalising on the demand for clean energy.
Adnoc launches $80bn unit for low-carbon transition
XRG will aim to more than double its asset value over the next decade by capitalising on the demand for low-carbon energy and chemicals. The three factors driving demand are energy transformation, the growth of artificial intelligence and the rise of emerging economies.
Adnoc Launches New Natural Gas, Chemicals Investment Unit Valued at $80 Billion
The Abu Dhabi National Oil Company started a new unit called XRG to invest in natural gas, chemicals and low-carbon energies to support its international growth and drive value.
ADNOC launches XRG: An $80bln+ lower-carbon energy and chemicals investment powerhouse
XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions
Adnoc unveils $80 billion global low-carbon, gas and chemicals giant in latest diversification move
Emirati state giant has been diversifying its international portfolio, eyeing a wider role in the liquefied natural gas value chain, low-carbon, as well as in chemicals and fertilisers
ADNOC Forms $80B Investment Firm to Grow Gas, Chemicals, Low-Carbon Assets
ADNOC added about the new investment company, “XRG aims to more than double its asset value over the next decade by capitalizing on demand for low-carbon energy and chemicals driven by three megatrends: the transformation of energy, exponential growth of AI, and the rise of emerging economies”.
ADNOC launches XRG: AN $80+ billion lower-carbon energy and chemicals investment powerhouse
Following the Board’s strategic endorsement, ADNOC announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 billion.
Adnoc launches $80bn low-carbon energy and chemicals investment company
Adnoc on Wednesday launched XRG, an international lower-carbon energy and chemicals investment company, with an enterprise value exceeding $80 billion. XRG plans to double its asset value over the next decade by investing in low-carbon energy and chemicals,
UAE state oil group ADNOC sets up international investment arm XRG
United Arab Emirates state oil group ADNOC on Wednesday announced the launch of XRG, an investment company focusing on ...
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President chairs ADNOC meet, approves launch of $80b XRG
President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of ...
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UAE’s Oil Giant Launches $80-Billion Chemicals and Green Energy Firm
ADNOC has launched a new $80 billion energy company, XRG, to focus on natural gas, chemicals, and low-carbon energy solutions ...