Bloomberg | BP Squeezed Out of Abu Dhabi Offshore Oil as China, Italy Win Bloomberg Companies including Total, Eni, Cia Espanola de Petroleos and China National Petroleum Corp. won stakes of as much as 20 percent in the U.A.E. concessions, while Abu Dhabi National Oil Co. kept 60 percent. BP had held 14.7 percent of an Adnoc unit that ... |