Abu Dhabi National Oil Company said on Wednesday it plans to transfer its 24.9% shareholding in Austria's OMV AG to its XRG ...

Adnoc announced on Wednesday its intention to transfer its 24.9 per cent shareholding in OMV AG to XRG, its wholly-owned ...

Plastics materials M&A surged in the first half of 2025, led by a $13.4 billion acquisition of Nova Chemicals by newly formed ...

Adnoc plans to transfer its 24.9 per cent stake in Austrian energy company OMV to its international investment entity XRG, as the Abu Dhabi company seeks to consolidate its global investments under ...

Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...

The Abu Dhabi petrochemicals producer intends to increase production of butene-1 from its Borouge 2 olefins conversion unit ...

The transfer is subject to regulatory approvals and is aligned with Adnoc’s strategy to consolidate its international growth investments under XRG, Adnoc said on Wednesday ...

ADNOC will transfer its 24.9% stake in Austrian oil and gas group OMV AG (OMV) to its $80 billion lower-carbon energy and ...

The European Commission has determined that the merger doesn't threaten competition in the ethylene and polyolefins markets.

Borouge Plc has reported a 16 per cent year-on-year (YoY) increase in net profit in the fourth quarter of 2023 to $288 million, bringing full-year n ...

Borouge today announced its financial results for the twelve-month and three-month periods ended 31st December 2022, with strong year-on-year growth in sales volumes driving healthy revenue growth ...

Borouge realises industry-leading 44% EBITDA margin, driven by higher pricing premia, strategic focus on high-value product segments and increased operational efficiency ...