Abu Dhabi National Oil Company (ADNOC) has reorganized its U.S. investments under the umbrella of its new international investment arm, XRG, signaling a strategic move towards a more carbon-conscious energy and chemicals focus. XRG, established with a valuation exceeding $80 billion, now oversees ADNOC's interests in a hydrogen plant partnership with ExxonMobil and a liquefied natural gas (LNG) facility venture with NextDecade in the U.S. Additionally, XRG is set to become the primary stakeholder in Covestro, a leading German chemicals producer, following a multi-billion euro takeover deal. ADNOC has further expanded its global presence by forming a joint venture with BP in Egypt, initially centered around gas-related initiatives. The acquisition of a substantial share in an ExxonMobil hydrogen plant in Texas and a NextDecade LNG export facility, coupled with supply agreements, showcases ADNOC's commitment to diversifying its energy portfolio. ADNOC's CEO, Sultan Al Jaber, underscores the necessity of embracing a wide range of energy solutions to meet the demands of evolving markets, energy system transformations, and the advancing role of artificial intelligence. Al Jaber's vision positions XRG as a pivotal player in the international energy investment landscape, catering to projects spanning gas, chemicals, low carbon fuels, and energy infrastructure. The narrative surrounding XRG encapsulates ADNOC's strategic vision towards sustainable energy practices and future-ready energy investments.