news/adnoc-launches-80-billion-international-investment-arm-xrg/)\r\nAdnoc launches⁢ $80 billion investment powerhouse -‌ News - Khaleej Times The Abu Dhabi nation Oil​ Co (Adnoc) on Wednesday ‍announced ​the launch of XRG, an international lower-carbon energy and chemicals ‍investment company, with an ‍enterprise value of over $80 billion ...\r\nSource: [Khaleej Times](https://www.khaleejtimes.com/business/energy/adnoc-launches-80-billion-investment-powerhouse)\r\nADNOC Launches XRG: An $80+B Lower-Carbon Energy And Chemicals ... Accelerates ADNOC's international expansion, ​building on proven expertise, robust⁣ network ⁢of global partners and strategic market access; Following the Board's ⁤strategic endorsement, ADNOC today announced the launch of XRG, a groundbreaking international lower-carbon energy and‍ chemicals ⁢investment company, with an enterprise value of ⁤over ...\r\nSource:​ [Oil & Gas](https://www.oilandgas...h of the company and ​its specialized platforms in gas, ​chemical materials and low carbon energy, which highlight the interests and targets of ADNOC to‌ XRG.</p><p class="article-text">His Highness noted the⁢ importance of ‌strengthening global strategic ⁣partnerships that contribute to achieving the vision of good leadership, ​by implementing‌ quality⁣ projects that support enduring economic growth.</p><p class="article-text">The adoption of the launch ‌of XRG at the annual ⁤meeting of the ADNOC Board of Directors last ‍November, with an institutional ⁣value⁢ of more⁣ than 290 billion dirhams (80 billion dollars), to ensure the​ contribution of XRG to meeting the growing global demand for energy ​and support for sustainable economic ​growth, By expanding the scope of international⁣ "ADNOC" investments in low -carbon ‌and chemical energies.</p><p class="article-text">The meeting was⁣ attended by⁤ His⁣ Excellency Dr. Sultan bin Ahmed Al -Jaber, Minister of Industry ⁣and ⁢Advanced Technology, managing Director and CEO ⁣of Adenk and its group of companies, Chairman of the Executive Board⁢ of the XRG and His Excellency Dr. Ahmed Mubarak bin Nawi Al Mazrouei,‍ Head of the ​President of the State for Strategic Affairs, President Abu Dhabi ⁣executive Office, Saif Saeed Ghobash, Secretary -General of the Executive Council of‍ the Emirate of Abu Dhabi, Jonathan Grey, Chairman⁣ and Executive Officer of Operations at Black Stone,‌ and Naef‍ Sawiris Chairman⁢ .</p></div></div> <br/> <h1><span id="adnoc-launches-80-billion-international-investment-arm-xrg">ADNOC Launches $80-Billion International Investment Arm XRG</span></h1><div id="aiomatic_toc_container" class=" "><p class="aiomatic_toc_title">Table of Contents</p><ul class="aiomatic_toc_list"><li><a href="#adnoc-launches-80-billion-international-investment-arm-xrg">ADNOC Launches $80-Billion International Investment Arm XRG</a><ul><li><a href="#interview-with-dr-amina-al-shehhi-energy-and-chemicals-specialist">Interview with ⁢Dr. Amina Al-Shehhi, ‍Energy and Chemicals Specialist</a><ul><li><a href="#overview-of-xrg">Overview of XRG</a></li><li><a href="#core-platforms-of-xrg">Core Platforms⁢ of XRG</a></li><li><a href="#global-chemicals-platform">Global Chemicals Platform</a></li><li><a href="#strategic-partnerships">strategic Partnerships</a></li><li><a href="#board-meeting-and-endorsement">Board Meeting and Endorsement</a></li><li><a href="#conclusion">Conclusion</a></li></ul></li></ul></li></ul></div>\r\n<br /><br />\r\n <p>ADNOC has ‍recently announced the launch of XRG, an ⁤international investment arm worth‍ over USD ‌80 billion targeting lower-carbon energy and⁣ chemicals. This strategic move aims to position⁢ ADNOC among the top global⁢ players ​in the chemicals industry and ‍expand its footprint in natural gas and low-carbon energies.</p><br /><br />\r\n<br /><br />\r\n <h2><span id="interview-with-dr-amina-al-shehhi-energy-and-chemicals-specialist">Interview with ⁢Dr. Amina Al-Shehhi, ‍Energy and Chemicals Specialist</span></h2><br /><br />\r\n <p><strong>Senior Editor, world-Today-News.com:</strong> Today,we have with us Dr. Amina Al-Shehhi, an expert in energy and chemicals, to discuss‌ ADNOC's recent launch‍ of XRG, an international investment arm valued⁤ at over‌ $80 billion. Welcome,Dr. Al-Shehhi.</p><br /><br />\r\n<br /><br />\r\n <h3><span id="overview-of-xrg">Overview of XRG</span></h3><br /><br />\r\n <p><strong>Senior Editor:</strong> ⁣ Can you provide an overview of XRG and its significance for ADNOC?</p><br /><br />\r\n <p><strong>Dr. Al-Shehhi:</strong> XRG is ADNOC's new international investment arm focused on lower-carbon energy and chemicals. With an enterprise‍ value of over $80 billion,‍ XRG aims to​ be a key player in ‍the global⁢ chemicals market and​ expand ADNOC's presence in natural gas and low-carbon energy sectors.</p><br /><br />\r\n<br /><br />\r\n <h3><span id="core-platforms-of-xrg">Core Platforms⁢ of XRG</span></h3><br /><br />\r\n <p><strong>Senior Editor:</strong> What are the core‌ platforms that XRG will focus ⁤on?</p><br /><br />\r\n <p><strong>Dr.Al-Shehhi:</strong> XRG will have three core⁤ platforms: Global Chemicals, Natural Gas,⁤ and Low-Carbon Energies. The Global Chemicals platform aims to be among the top five chemicals players worldwide.The Natural Gas platform will focus on ADNOC's existing strengths ⁢in gas production and distribution, while the Low-Carbon Energies platform will drive innovation and investment in renewable and enduring energy sources.</p><br /><br />\r\n<br /><br />\r\n <h3><span id="global-chemicals-platform">Global Chemicals Platform</span></h3><br /><br />\r\n <p><strong>Senior ⁢Editor:</strong> ‍How⁣ does ADNOC plan to⁣ position itself as a top global chemicals player?</p><br /><br />\r\n <p><strong>Dr. Al-Shehhi:</strong> ⁢ ADNOC⁣ aims to leverage its robust network of global partners and⁤ strategic market access ⁢to‍ compete in the global chemicals market. By investing in advanced⁣ technologies and sustainable practices, ADNOC seeks to meet the growing global ⁤demand for chemicals while promoting sustainable economic growth.</p><br /><br />\r\n<br /><br />\r\n <h3><span id="strategic-partnerships">strategic Partnerships</span></h3><br /><br />\r\n <p><strong>Senior Editor:</strong> How crucial are global strategic partnerships for XRG's success?</p><br /><br />\r\n <p><strong>Dr. Al-Shehhi:</strong> Strengthening global strategic partnerships is crucial for XRG's success. ⁢Thes partnerships⁤ will ​facilitate knowledge sharing,‌ technology transfer, and joint ventures, enabling ADNOC to ‌implement quality projects that‌ support enduring economic growth​ and achieve its vision of good leadership.</p><br /><br />\r\n<br /><br />\r\n <h3><span id="board-meeting-and-endorsement">Board Meeting and Endorsement</span></h3><br /><br />\r\n <p><strong>Senior Editor:</strong> Can you provide insights into the recent board meeting where​ XRG was endorsed?</p><br /><br />\r\n <p><strong>Dr. Al-Shehhi:</strong> The annual meeting of the ADNOC Board of Directors last November saw the adoption of XRG's launch with an institutional value of over 290 billion dirhams (80 billion dollars). The ⁤endorsement reflects the ⁣board's confidence in XRG's ability to contribute to meeting the growing global demand for energy and⁣ support sustainable⁤ economic growth by expanding ADNOC's investments in low-carbon and ‌chemical energies.</p><br /><br />\r\n<br /><br />\r\n <h3><span id="conclusion">Conclusion</span></h3><br /><br />\r\n <p><strong>Senior Editor:</strong> What are‌ the main ‌takeaways from this ‌interview?</p><br /><br />\r\n <p><strong>Dr.Al-Shehhi:</strong> The launch of XRG signifies ADNOC's commitment to expanding its international footprint and investing in ⁣lower-carbon energy and chemicals. With its three core platforms and strategic partnerships, XRG is well-positioned to become a major player ‌in‌ the global energy and chemicals market while promoting sustainable economic growth.</p><br /><br />\r\n<br /><br />\r\n <p><strong>Senior Editor:</strong> Thank you, Dr. Al-Shehhi, for providing your expert insights on this meaningful ‌advancement.</p> ?"> Submit