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 ...

Dubai: ADNOC's investment platform XRG along with Abu Dhabi investment giant ADQ is making a move to buy the Australian energy company Santos.

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

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 ...

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) ...