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 ...

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 ...

BAKU. July 2 (Interfax) - The State Oil Company of the Azerbaijani Republic (SOCAR) has established a subsidiary, SOCAR Sarb Umm Lulu LLC, according to materials from the Azerbaijani State Tax Service ...

It would be the largest acquisition of an upstream international oil and gas company by a state-owned one. Adnoc’s $18.7 billion bid for Australia’s Santos, in partnership with private equity giant ...

State-owned Abu Dhabi National Oil Company (ADNOC) and Austria's OMV will merge their polyolefin businesses to create a $60 billion chemicals powerhouse, called Borouge. As per the framework ...

Together, OMV and ADNOC will build on a versatile and future-proof product portfolio and pursue significant organic growth opportunities. Most importantly, today’s agreement secures material synergies ...

(Reuters) -Abu Dhabi National Oil Company and Austria’s OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60 billion enterprise value, as the Gulf state oil ...

Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada’s Nova Chemicals to form a giant with a combined value of ...

ADNOC and OMV merge holdings in Borouge and Borealis to form a Dh220 billion global chemicals giant, acquiring NOVA Chemicals for Dh49.2 billion. Learn about this transformative deal.

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under the new JV.

Investing.com -- Austrian oil and gas company OMV and the Abu Dhabi National Oil Company (ADNOC) have agreed on key commercial terms to combine their polyolefins businesses, Borealis and Borouge ...