Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire ...

The merged entity, Borouge Group International, will combine two joint ventures: Borealis, which is 75% owned by Austria’s ...

Top Emirati and Austrian oil companies, Abu Dhabi National Oil Company (ADNOC) and OMV will merge their polyolefin businesses ...

The $60 billion company formed by the merger of Adnoc and OMV AG’s chemical units is targeting a more than 50% boost in ...

ExpectAI is Looney's latest new role since he resigned as BP's chief executive in 2023 after not being fully transparent ...

Borouge will update the market today on the announcements by Abu Dhabi National Oil Company (ADNOC) and OMV ...

The United Arab Emirates’ and Austria’s top oil companies agreed on terms to create a chemicals giant worth more than $60 ...

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, into ...

Saudi Arabia's benchmark index dropped 1.1%, with Saudi Aramco retreating 2.2%, following a drop in annual profit ...

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 ...

OMV and ADNOC have partnered to combine their polyolefins businesses, creating a $60 billion global leader in the sector, ...