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UAE Oil Giant ADNOC Eyes BP Assets in Strategic Bid
1 day ago /
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Author：小编
The United Arab Emirates' energy powerhouse, Abu Dhabi National Oil Company (ADNOC), is contemplating the acquisition of select high-value assets from BP, particularly its liquefied natural gas (LNG) operations, via its international subsidiary, XRG. ADNOC had initially weighed the option of a complete takeover of BP but refrained from pursuing it due to concerns over political risks and funding constraints.
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