But Auchincloss — a 54-year-old Canadian brought in to replace Bernard Looney, architect of the company’s green push, in 2023 ...

Santos has granted an ADNOC-led consortium exclusive due diligence access for six weeks concerning an $18.7 billion non-binding takeover bid for the Australian energy company.

This is the second partnership between India's richest persons. In July 2024, Mukesh Ambani’s Reliance Industries bought a 26 ...

It would be the largest acquisition of an upstream international oil and gas company by a state-owned one. Adnoc’s $18.7 billion bid for Australia’s Santos, in partnership with private equity giant ...

The near $30bn buyout plan by the Abu Dhabi National Oil Company for Santos will likely sail through after eventually gaining ...

Here the partners’ interests are Eni 28%, PTTEP 12% and Adnoc 60%. Meanwhile, Pakistan International Oil Limited (PIOL) has been awarded a PCA for Offshore Block 5.

Energy major BP ( NYSE: BP) was gaining for the seventh straight session on Friday as its shares rose 2.33% to reach $31.64 during afternoon trading. The company added more than 6% in the preceding ...

In particular: (1) financial assets have been valued on a fair value basis using bid prices, or, if more appropriate, a last trade basis; (2) debt is valued at par and, where applicable, debt is also ...

It is also considering partnering with another bidder to split some of the assets, they said. ADNOC is most interested in BP’s LNG and gas fields, rather than taking over the entire company ...

For XRG, which ADNOC launched last year, reports of interest in some of BP's assets come as the investment company seeks deals on gas and chemicals assets to help it reach an enterprise value of ...

UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP's highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive. Stream NBC 5 ...