Big Oil Invests in Adnoc LNG Plant in Bet on Future Demand

Shell, Total, BP acquire 10% stakes in Ruwais site; Mitsui too Two of the firms also agree to take shipments from the project Bloomberg News Four international companies signed up to invest in Abu Dhabi National Oil Co.’s next liquefied natural gas export project on a bet that demand for the fuel will continue to climb. Shell … Read more