Global upstream merger and acquisition (M&A) activity saw a significant decline in the first half of 2025, reaching just over $80 billion—a 34% drop compared to the same period in 2024.

Expands global gas footprint Santos provides Asia access Due diligence period begins Abu Dhabi National Oil Co (Adnoc)’s investment arm XRG will leverage its strong ties with LNG buyers, ...

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ADNOC is most interested in BP's LNG and gas fields, rather than taking over the entire company, according to people with knowledge of the matter.

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 ...