Topic
oil-investments
2 stories related to this topic, newest first.
world8 hrs agoUpdated
UAE's ADNOC to Invest $55 Billion in Oil Projects After OPEC Exit in 2026
The Abu Dhabi National Oil Company announced plans to award up to $55 billion in upstream and downstream projects over the next two years, days after the United Arab Emirates left OPEC on May 1, 2026. The move aligns with efforts to boost crude oil production capacity to 5 millio…
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Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)finance26 days ago
Family Offices Increase Oil Investments After Private Equity Exits Due to ESG Factors
Investment firms managed by ultra-wealthy families have increased investments in the oil and gas sector following the withdrawal of private equity investors amid ESG pressures. This shift occurred as capital availability in the sector diminished. A recent rally in oil prices has…