The UAE oil giant enters Adnoc Fray

The UAE oil giant Adnoc said that some firms are full Bpas highly valuable assets such as opposer Aggravated energy to extreme for large shocks.

Abu Dhabi National Oil Company, Avoid an action for some assets of the company’s assets listed in London, the main division of oil or more sections or more sections or more Bloomberg reported Wednesday, referring to non-disclosed sources.

Adnoc is It was reported to have something Those interested in BP’s liquefied natural gas (LNG) assets, despite the full capture of the company. Any promising deal by Bloomberg, AdNoc International Section, is understood by the XRG.

Representatives in BP refused to comment on the assumption while contacting CNBC in Adnoc and XRG.

Industry, a period stretching in a period relative to his peers, keeps BP in the focus as a basic candidate. British opponent BarkAs well as US oil giants Exxon Mobile and Barbetween a number of names as possible.

The ADNOC and BP are seen as seen from a potential result from a potential agreement, but the analysts have been sharing a relationship between the two companies and the renewable energy for a long time to a number of geography for a long time, the most notes In Abu Dhabi and the latest In Egypt.

Former BP CEO Bernard Looney, who The company has left In September 2023, in less than four years in the case, Adnoc Sultan Sultan Al-Jaber sits in the XRG board.

Maurizio Carulli, Global Energy and Materials analyst, Although ADNOC’s assets of ADNOC will have some ADNOC, ADNOC will have a further increasing and cash rich.

“He said that AdNOC’s BP is unlikely to take into account the full proposal as a whole as a whole that BP will not be interested in oil assets.

“BP’s discrete assets will show great interest from a number of energy and private capital players, both in the upper and low stream,” he said.

Last month, BP’s Castrol lubricants showed interest in the interest of a number of buyers, and thought it was one of a unit “crown grinding“Portfolio”.

India’s trust industry and Saudi Arabia are energy companies, including oil companies, as well as private capital companies, as well as Apollo Global Management and Lone Star Funds, are later created for BP Castrol unit, Bloomberg reported On May 28, with reference to people familiar with the issue.

Aramco, Apollo global management and Lone star refused to comment on the report. CNBC also contacted confident industries.

BP is trying to take a promising capture by restoring investor’s confidence. The company has launched a Basic Strategic Reset Earlier, despite the fact that the first quarter of the first quarter than expected, CEO Murray Auchincloss said that the company was firm in late April “Off for a great start“When conveying the new direction.

BP shares stabilized after a sharp fall in the early weeks, in early April Trade War Variability Suggested financial markets. The stock price has been more than 4% since year.

Director of Joint Stock Research in Morningstar Allen, Given the last green strategy of the last green strategy, the highest portfolio is ready to divide the important parts of the highest portfolio.

As part of BP’s strategic reset, company declared Plans to increase annual oil and gas costs, investing in renewable energy to 2027 to $ 2027. It also targets $ 20 billion in gaps in the coming years.

“Activist pressure, more than expenditures and capital reductions, it is definitely not possible. It is impossible to divide the company,” said Allen, informed CNBC by email.

For XRG, which adnoc has initiated Last year, interests of BP’s assets are interested in the investment company, looking for transactions on gas and chemical assets, helps him worth $ 80 billion.

“We are eager to strengthen the role of long-term value for our stakeholders and an Abu Dhabi and the UAE global energy and chemical leader,” said Adnoc Jaber

Russ Kalip, AJ Bell, AJ Bell, AJ Bell, AJ Bell, Adnoc and BP were likely to be difficult to manage any operation, and all sides were likely to defend their interests.

“BP, to reduce the debt to reduce its goal, it is pressured to convey his goal, organic money flow and assets will be activated,” said Kalip CNBC.

“Adnoc will be a good notification about it and so far you can see how the BP seem to be so far, so it will be interested in the assets of BP,” he said.