Video ArchivesNovember 29, 2024
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.