National ny is buying into a U.S. lique­ fied natural gas plant called Rio Grande LNG. XRG also has stakes in gas properties in countries including Azerbaijan, Egypt and Mozambique. In other hedges against oil, AD­ NOC is working with OMV, an Austrian energy company that is partly owned by ADNOC, to cre­ ate a global chemicals business called Borouge Group Interna­ tional. Mr. Al Jaber has been a supporter of Abu Dhabi’s nuclear efforts, including the construc­ tion of a four-reactor site that provides nearly a quarter of elec­ tricity in the Emirates. He helped found Masdar, a renewable en­ ergy developer part-owned by ADNOC that has plans to expand as most other oil giants, like BP and Shell, are backing away from renewables, saying such projects are not sufficiently profitable. Some industry experts say ADNOC may be trying to do too much, too fast. “They are trying to do a lot all at once,” said Robin Mills, chief executive of Qamar Energy, a consulting firm in Dubai that works for ADNOC. ADNOC has plans to expand into renewable energy projects as most other oil giants are backing away. Mr. Al Jaber said he wanted to transform ADNOC “into a globally competitive energy company.” Abu Dhabi, the capital of the United Arab Emirates, has grown into a beachfront metropolis. A large solar farm in Abu Dhabi. The Emirates is aggressively investing in solar and other renewable energy projects. Production has risen even as Mr. Al Jaber has trimmed ADNOC’s work force.

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