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News 2026-09-23 05:22 UTC

UAE oil giant ADNOC’s investment arm XRG in talks to buy stake in LNG Canada

By Staff WriterAbu Dhabi’s XRG, the investment arm of state oil giant ADNOC, is in preliminary talks to acquire a minority stake in the LNG Canada project, according to a Bloomberg report.The firm is negotiating to buy a portion of the stake owned by PetroChina, which holds a 15% ownership in the v…