Adnoc, OMV to Combine Borouge, Borealis to Form Petrochemicals Giant
Adnoc and OMV will create Borouge Group International through an all-share combination of Borouge and Borealis, the companies said Tuesday. OMV will inject 1.6 billion euros ($1.68 billion) in cash into the business to put its shareholding on par with Adnoc, they said.
Following the acquisition, the new firm, called Borouge Group International (BGI), will be the world’s fourth-largest ...
ADNOC and OMV create a US$60bn polyolefins giant following a merger, reshaping petrochemicals amid the energy transition ...
The National on MSN2d
Right place, wrong time: Abu Dhabi’s first oil drilling misfire 75 years ago is now a gas bonanzaOne of Abu Dhabi’s newest luxury resorts, The Anantara Santorini hotel, is just 45 minutes from the capital along the E11 ...
February 27, 2025 ADNOC signs 15-year LNG supply deal with Japan's Osaka Gas Abu Dhabi National Oil Company said on Thursday it had signed a 15-year sales and purchase agreement to supply Japan's ...
Emirates News Agency on MSN2d
Abu Dhabi Department of Energy hosts Energy and Water ForumFeaturing 6 Specialized Workshops Attended by Representatives from Government and Private Sector Organizations ...
ADNOC has launched a share offering of 4% of its ADNOC Gas business to boost liquidity and the free float of its gas unit.
Abu Dhabi’s state energy company is seeking to raise 10.4 billion dirhams ($2.84 billion) from a secondary offering in its ...
Dubai index fell on Friday, as investors continued to encash on the profits gained in previous sessions, while Abu Dhabi ...
The Abu Dhabi-based producer signed a 14-year deal with Indian Oil Corp. for up to 1.2 million tons annually, valued between $7 billion and $9 billion. Deliveries will begin in 2026. India’s LNG ...
Abu Dhabi National Oil Company (ADNOC) has signed a Sales and Purchase Agreement (SPA) with Osaka Gas, one of Japan’s largest ...
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