Abu Dhabi’s main oil company is evaluating whether it can buy some of BP Plc’s key assets should the embattled British firm ...

Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

Abu Dhabi National Oil Company is evaluating whether to buy some of BP's (NYSE:BP) key assets if the British firm decides to break itself up or come under pressure to divest more units, and has held ...

Political considerations also weighed on the deal evaluation. ADNOC and BP spoke directly in recent months and Adnoc looked for advice from banks on a possible transaction, according to Reuters.

Abu Dhabi National Oil Company (ADNOC) has recently weighed buying BP, but talks didn’t go far and ultimately the state firm of the United Arab Emirates decided not to pursue a takeover of the ...

BP (BP) said it will contribute its interests in three Egyptian development assets - Shorouk, North Damietta and North El Burg - as well as exploration agreements to the JV, while Adnoc will make ...

LONDON, May 2 (Reuters) - BP will transfer assets into a new joint venture it is forming with the Abu Dhabi National Oil Co (ADNOC) focused on developing new gas resources in the East ...

The Abu Dhabi National Oil Company (ADNOC ... aims to more than double its asset value by 2034. XRG will also manage Abu ...