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What is XRG? Inside Abu Dhabi’s $150-billion bet on energy, chemicals and AI

XRG is still a relatively new name in Abu Dhabi. Adnoc launched XRG in November 2024 with an enterprise value of more than $80 billion and a mandate to accelerate its international expansion.

Khaleej Times · Technology5 September 2026 at 5:31 PM GST1 evidence link

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Today, XRG describes itself as Adnoc’s international investment company and says its valuation exceeds $150 billion, with investments across natural gas, chemicals and energy solutions.

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Khaleej Times · TechnologyWhat is XRG? Inside Abu Dhabi’s $150-billion bet on energy, chemicals and AIOpen source ↗

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