Adnoc Weighing Up Bids for Some BP Assets, Bloomberg Says, Citing Sources

Dow Jones

Jun 11, 2025

--Abu Dhabi National Oil Co., known as Adnoc, is considering bids for specific BP assets and has held consultations with bankers on the move, Bloomberg reports, citing unnamed sources.

--Adnoc is most interested in BP's liquefied natural gas and gas fields, and isn't interested in its oil production assets or refineries, according to Bloomberg.

--Any acquisition would likely be carried out by Adnoc's international unit called XRG, according to the report.

--Adnoc referred questions to XRG, which declined to comment, while BP also declined to comment, Bloomberg says.

Full story: https://shorturl.at/TvoY4

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

June 11, 2025 05:32 ET (09:32 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2542302069"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2542302069\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2542302069?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-11 17:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2542302069","market":"fut","top_or_hot":-1,"title":"Adnoc Weighing Up Bids for Some BP Assets, Bloomberg Says, Citing Sources","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --Abu Dhabi National Oil Co., known as Adnoc, is considering bids for specific BP assets and has held consultations with bankers on the move, Bloomberg reports, citing unnamed sources. \n</p>\n<p>\n  --Adnoc is most interested in BP's liquefied natural gas and gas fields, and isn't interested in its oil production assets or refineries, according to Bloomberg. \n</p>\n<p>\n  --Any acquisition would likely be carried out by Adnoc's international unit called XRG, according to the report. \n</p>\n<p>\n  --Adnoc referred questions to XRG, which declined to comment, while BP also declined to comment, Bloomberg says. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://shorturl.at/TvoY4 \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adam Whittaker at adam.whittaker@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2025 05:32 ET (09:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Adnoc Weighing Up Bids for Some BP Assets, Bloomberg Says, Citing Sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdnoc Weighing Up Bids for Some BP Assets, Bloomberg Says, Citing Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-06-11 17:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  --Abu Dhabi National Oil Co., known as Adnoc, is considering bids for specific BP assets and has held consultations with bankers on the move, Bloomberg reports, citing unnamed sources. \n</p>\n<p>\n  --Adnoc is most interested in BP's liquefied natural gas and gas fields, and isn't interested in its oil production assets or refineries, according to Bloomberg. \n</p>\n<p>\n  --Any acquisition would likely be carried out by Adnoc's international unit called XRG, according to the report. \n</p>\n<p>\n  --Adnoc referred questions to XRG, which declined to comment, while BP also declined to comment, Bloomberg says. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://shorturl.at/TvoY4 \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adam Whittaker at adam.whittaker@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 11, 2025 05:32 ET (09:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4201","symbol_name":"综合性石油与天然气企业","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2542302069","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542302069","pubTimestamp":1749634320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Abu Dhabi National Oil Co., known as Adnoc, is considering bids for specific BP assets and has held consultations with bankers on the move, Bloomberg reports, citing unnamed sources.--Adnoc is most interested in BP's liquefied natural gas and gas fields, and isn't interested in its oil production assets or refineries, according to Bloomberg.--Any acquisition would likely be carried out by Adnoc's international unit called XRG, according to the report.--Adnoc referred questions to XRG, which declined to comment, while BP also declined to comment, Bloomberg says.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4201":"综合性石油与天然气企业","BK4588":"碎股","BK4585":"ETF&股票定投概念","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU1829250122.USD":"高盛欧洲核心股票组合Acc","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","BP":"英国石油","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC"},"translate_title":"彭博社援引消息人士的话称，阿布扎比国家石油公司正在权衡对英国石油公司部分资产的出价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BP":1},"content_text":"--Abu Dhabi National Oil Co., known as Adnoc, is considering bids for specific BP assets and has held consultations with bankers on the move, Bloomberg reports, citing unnamed sources. \n\n\n  --Adnoc is most interested in BP's liquefied natural gas and gas fields, and isn't interested in its oil production assets or refineries, according to Bloomberg. \n\n\n  --Any acquisition would likely be carried out by Adnoc's international unit called XRG, according to the report. \n\n\n  --Adnoc referred questions to XRG, which declined to comment, while BP also declined to comment, Bloomberg says. \n\n\n \n\n\n  Full story: https://shorturl.at/TvoY4 \n\n\n \n\n\n  Write to Adam Whittaker at adam.whittaker@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 11, 2025 05:32 ET (09:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}