Abu Dhabi National Oil Company (ADNOC) and the Austrian refiner OMV are contemplating the purchase of the Canadian petrochemical producer Nova Chemicals from the Abu Dhabi sovereign wealth fund ...

ADNOC has approved a sweeping US$150 billion investment plan for 2026–2030 to expand upstream capacity, accelerate gas ...

Austria’s OMV and Abu Dhabi’s ADNOC have struck a deal to combine their polyolefins business, creating a $60-billion major in the space, ADNOC said in a statement. The new company will be the ...

Austria's OMV (OTCPK:OMVJF) and Abu Dhabi National Oil Company agreed to merge their polyolefin businesses to create a $60B chemicals joint venture, Reuters reported Monday. The JV named Borouge Group ...

The plastics industry is sounding the alarm on the impact of tariffs on supply chains and markets. In the January Polymer Points Live, PN senior reporter Frank Esposito talked about tariffs and resin ...

'This transfer, which is subject to regulatory approvals, is aligned with ADNOC's strategy to consolidate its international growth investments under XRG'. Image by frantic00 via iStock Abu Dhabi ...

The six listed subsidiaries of Abu Dhabi National Oil Company (Adnoc) plan to distribute AED158 billion ($43 billion) in dividends between 2025 and 2030. The amount is double the AED86 billion the ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their shareholdings in Borouge and Borealis and subsequently acquire Nova Chemicals for $13.4 billion--including debt--to form a ...

Adnoc launched a new unit to invest in natural gas, chemicals and low-carbon energies, as it aims to capitalize on growing international demand and transform into a fully integrated energy company.