An XRG-led consortium has proposed to acquire Australia's Santos as it looks to become a top-five global LNG player.

BP has agreed to sell its 300 Dutch petrol stations to Dutch fuel distribution and trading company Catom as part of its plan ...

Adnoc Drilling Co., the drilling division of the UAE's largest oil company Abu Dhabi National Oil Company (ADNOC), plans to complete three asset acquisitions totaling $500 million in the second half ...

Previously, ADNOC established the overseas investment company XRG PJS to house global assets and entered into an agreement to acquire Nova Chemicals from Mubadala for $134 billion as part of a merger ...

ADNOC is most interested in BP's LNG and gas fields, rather than taking over the entire company, according to people with knowledge of the matter.