Browsing: ADNOC

Abu Dhabi’s state oil company, ADNOC, is currently in the early phases of assessing a potential bid for the U.S. natural gas assets owned by Aethon Energy Management, according to a source with knowledge of the matter.

The United Arab Emirates has committed to a $1.4 trillion investment in the United States over the next decade following discussions between senior UAE officials and former U.S. President Donald Trump, the White House announced.

Abu Dhabi’s renewable energy firm Masdar and Spanish power utility Endesa are nearing a deal where Masdar would pay approximately USD 200M for a 49.9% stake in a solar portfolio managed by Endesa, according to two sources familiar with the matter and a document reviewed by Reuters.