Eyes on the USA

ADNOC eyes U.S. expansion with Texas LNG deal

Abu Dhabi's oil company signed an agreement with NextDecade to buy an 11.7% stake in its Texas LNG project

An Abu Dhabi National Oil Company (ADNOC) fuel station sign in the UAE. (Photo: Getty Images)

ADNOC, the UAE’s state-owned energy company, is looking toward the U.S. to expand its international footprint and help propel future growth.

The Abu Dhabi-based company, ranked as the world’s 12th-largest oil producer, signed an agreement with NextDecade...