News

Occidental, ADNOC's XRG Eye $500 Million Texas Carbon Capture Venture
Occidental teams up with ADNOC's XRG on a potential $500M carbon capture project in Texas during Trump's UAE visit.
Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub
XRG to consider investing up to $500 million for the development of 1PointFive’s 500,000 tonne-capacity DAC facilityHOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary ...
Emirates News Agency on MSN5d
Al Ain FC sign sponsorship agreement with ADNOC, XRG
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu ...
UAE to up value of US energy investments to $440 billion by 2035
The United Arab Emirates plans to raise its energy investments in the United States to $440 billion in the next decade, it ...
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Adnoc's XRG acquires major stake in Turkmenistan gas project from Petronas
Adnoc’s international investment company XRG has acquired a 38% stake in an offshore natural gas condensate project in Turkmenistan from Malaysia's Petronas. Petronas, XRG and two Turkmen state ...
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Occidental and ADNOC team up on planned Texas DAC plant
US energy company Occidental has signed an agreement with XRG, the investment arm of UAE state-owned Adnoc, to develop a ...
Gulf Business on MSN6d
ADNOC’s landmark energy deals with US majors, see details
ADNOC’s global investment arm, XRG, will lead investments in the American energy value chain, with a focus on gas, LNG and ...
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Occidental and ADNOC’s XRG Agree to Evaluate Joint Venture to Develop South Texas Direct Air Capture Hub
HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint ...