ADNOC launches low-carbon investment company

Jack Burke Senior Editor, Compressor Tech2

November 27, 2024

XRG will help drive company’s international growth

Abu Dhabi’s national oil company ADNOC has launched XRG, a lower-carbon energy and chemicals investment company to accelerate ADNOC’s international growth and drive greater value.

XRG will initally focus on investments that meet the growing global demand for natural gas, chemicals and low carbon energies.

ADNOC’s board endorsed a…

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