Adnoc’s XRG boosts stake in NextDecade’s Rio Grande LNG

Adnoc’s investment unit XRG has completed the previously announced acquisition of an additional equity interest in Trains 4 and 5 of NextDecade’s Rio Grande LNG terminal in Texas.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Venture Global seeks FERC OK to place first Plaquemines LNG phase in service

Venture Global's Plaquemines LNG is seeking approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Samsung Heavy nets order for two LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build two liquefied natural gas (LNG) carriers for approximately $494 million.

EIG’s MidOcean secures more than $4 billion in equity commitments

MidOcean Energy, the LNG unit of US-based energy investor EIG, has concluded its 2026 equity capital raise, securing more than $4 billion in closed and pending commitments over the last 12 months from new strategic and institutional investors, as well as re-ups from existing investors.

More News Like This

NextDecade secures permit for sixth Rio Grande LNG train

US LNG developer NextDecade has secured the US Army Corps of Engineers permit for the Rio Grande LNG Train 6 expansion project.

NextDecade’s Rio Grande LNG gets FERC OK to boost capacity

US LNG developer NextDecade has secured a green light from the Federal Energy Regulatory Commission to increase approved capacity at its Rio Grande LNG terminal in the Port of Brownsville, Texas.

US EXIM to back YPF’s Argentina LNG project

The Export-Import Bank of the United States is offering to lend up to $6 billion for the YPF-led Argentina LNG export project.

BP, XRG secure license for Venezuela offshore gas field

UK-based energy giant BP, Adnoc's international investment unit XRG, and a unit of Qatar's UCC have secured a license to explore and develop the second phase of Venezuela's offshore Loran gas field.