-+ 0.00%
-+ 0.00%
-+ 0.00%
Adnoc Nets $1 Billion Green Financing from Japan Bank for International Cooperation
Share
Listen to the news
04:40 AM EST, 11/04/2026 (MT Newswires) -- Abu Dhabi National Oil Co., or Adnoc, secured $1 billion in green financing from the Japan Bank for International Cooperation for two decarbonization projects. The funds will support the state-owned energy company's Ruwais liquefied natural gas project, which will be powered by electricity rather than gas, and offshore electrification through a subsea power transmission network, according to a Wednesday release. The financing is part of a $3 billion green funding agreement Adnoc and the Japanese lender signed in 2024.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending