Reported 2 days ago
The United Arab Emirates' largest oil company, Adnoc, is aiming to acquire its first natural gas producing fields in the United States to expand its presence in the country. This move comes as part of its broader investment strategy, which includes recent acquisitions in the U.S. chemical and liquefied natural gas sectors. Adnoc's CEO is set to share details about this strategy at the CERA Week energy conference in Houston, indicating a strong alignment with the U.S. government's push to attract foreign investment and boost domestic energy production.
Source: YAHOO