BP and Abu Dhabi National Oil Company Put a Halt on Israeli Gas Firm Acquisition
Wednesday, 13 March 2024, 12:28
Breaking Energy News
BP and Abu Dhabi National Oil Company have put a halt on a major acquisition deal, pausing the purchase of a 50% stake in an Israeli gas producer. This decision raises questions about the future of the energy market and the dynamics between global players.
Key Points:
- BP and Adnoc suspended the purchase deal.
- The acquisition was set to involve a 50% stake in an Israeli gas firm.
- This move has implications for the international energy sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.