ADNOC Gas has announced its intention to acquire a 60% stake in the Ruwais Liquefied Natural Gas (LNG) plant from ADNOC (Abu Dhabi National Oil Company) in the second half of 2028, at an estimated cost of around $5 billion.
ADNOC Distribution said in a statement that it has approved an interim dividend of $350 million for the first half of 2024, equivalent to 10,285 files per share.
ADNOC has announced its ambitious chemicals growth strategy with an agreement to acquire a 35% stake in ExxonMobil's proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas, USA.
ADNOC Gas has announced by publishing a report that the financial results of the first quarter of 2024 (first quarter of 2024) have reached 1187 million dollars.