BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with that of most European integrated oil peers. Its latest ...

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

Abu Dhabi’s Adnoc is evaluating potential bids for BP’s gas and LNG assets through its XRG unit, amid speculation that the ...

Adnoc isn’t interested in BP’s oil production assets or refineries, the people said. That makes the option of buying all of BP unattractive, they said. The political risks associated with taking over ...

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

The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has invested $50m in ADNOC Gas Pipeline Assets (AGPA) through a specialised investment fund managed by Abu Dhabi-based alternative ...

Abu Dhabi National Oil Company has sealed a long-awaited deal to create a $60bn global plastics company after agreeing to combine its petrochemical assets ... and buildings. Adnoc and OMV said ...

bp and XRG, ADNOC’s international energy investment company, have established Arcius Energy—a joint venture natural gas platform aimed at developing gas assets in Egypt. bp and XRG ...

(MENAFN- Daily News Egypt) BP and XRG, ADNOC's international energy investment ... that will initially concentrate on developing gas assets in Egypt. The financial close and formation of the ...

XRG, ADNOC’s ... with bp holding a 51 per cent stake and XRG 49 per cent. The newly formed company will initially operate in Egypt, leveraging bp’s existing assets and exploring new ...

Large companies typically evaluate the market value and strategic worth of rivals for potential acquisitions. BP was one of many companies ... as key future growth markets. ADNOC has been pursuing a ...

Eni has diversified its European refining assets with the addition of capacity in the Middle East through its 20% ownership in ADNOC refining ... to firm value as BP’s Macondo incident in ...