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

After nearly two years of negotiations, Abu Dhabi National Oil Company and OMV agreed in March to merge their polyolefin ...

Austrian energy group OMV expects the merger of Borouge and Borealis to have a positive effect of €120 million ($140.8 million) on its second-quarter operating result before special effects, it said ...

Mergers and acquisitions (M&A) involving the Middle East and North Africa (MENA) reached $115.5 billion in value in the first ...

Despite moments of sharp market volatility brought about the US tariff saga and a smorgasbord of geopolitical, political, ...

In 2019, LUKOIL acquired a 5% stake in the project for $214 million. In October 2023, ADNOC made the final investment decision for the Hail and Ghasha fields, taking into account the provision of net ...

MENA region investment banking fees declined 2 per cent year‑on‑year in the first half of 2025, falling to US$773.7 million, the third‑highest H1 tally since 2000, according to London Stock Exchange ...

The Abu Dhabi National Oil Company, ADNOC, has officially launched its second trading arm, ADNOC Global Trading, AGT, a joint venture between ADNOC (65 percent), Eni (20 percent) and OMV (15 percent) ...

ADNOC is undertaking these negotiations as majority shareholder of Borouge, and OMV as majority shareholder in Borealis, with any final decision subject to Borouge’s, and other relevant parties’, ...

Previously, ADNOC established the overseas investment company XRG PJS to house global assets and entered into an agreement to acquire Nova Chemicals from Mubadala for $134 billion as part of a merger ...