Abu Dhabi National Oil Co (Adnoc)’s investment arm XRG will leverage its strong ties with LNG buyers, diversify its gas portfolio and advance its M&A mandate should it be successful in its $19 billion ...

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 ...

Adnoc isn’t interested in BP’s oil production assets or refineries, the people said. That makes the option of buying all of BP unattractive, they said.

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.