Monday, July 6, 2026

XRG

XRG expands Rio Grande LNG stake, now invested across all five trains- oil and gas 360

XRG expands Rio Grande LNG stake, now invested across all five trains

(World Oil) – XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, expanding its ownership across all five liquefaction trains currently under construction at the export facility. The company acquired an additional 7.6% equity interest in Trains 4 and 5 from an acquisition vehicle of Global Infrastructure Partners (GIP), part

Oxy and ADNOC's investment firm to explore carbon capture solutions in Texas- oil and gas 360

Oxy and ADNOC’s investment firm to explore carbon capture solutions in Texas

(World Oil) – Occidental and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part of the joint venture, XRG will consider investing up to $500 million for the development of a DAC facility designed to capture 500,000 tonnes