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 company advances an ...

Borouge Group International will be jointly controlled as an equal partnership between ADNOC and OMV, with OMV injecting EUR1.6bn cash into the consolidated entity to equalise shareholding ...

Adnoc and OMV have plans to combine Borouge and Borealis to establish a new firm, Borouge Group International. The newly ...

Combination of Borouge and Borealis to create Borouge Group International, with new entity to acquire Nova Chemicals for ...

March 13 (SeeNews) - OMV Offshore Bulgaria, part of Romanian oil and gas group OMV Petrom [ BSE:SNP] and NewMed Energy Balkan ...

Abu Dhabi’s state-owned energy company Adnoc has agreed to terms of a binding agreement with Austria’s OMV to merge their ...

ADNOC and Austria’s OMV have announced today that they will merge their shareholdings in Borouge plc and Borealis AG to create Borouge Group International.

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent ...

Key stories featured in the Financial Times include the US suspension of military aid to Ukraine, a major petrochemical merger between Adnoc and OMV, BYD's collaboration with Tesla to counter petrol ...

OMV, a multinational energy company based in ... said Anne-Sophie Corbeau, global research scholar at Columbia University’s Center on Global Energy Policy. The efforts to decouple from Russian ...

Adnoc and OMV have agreed on the terms of a binding framework agreement regarding the proposed combination of shareholdings in Borouge and Borealis, with the joint entity to be named Borouge Group Int ...

Borouge Group will combine two joint ventures - Borealis, 75% owned by OMV and 25% by ADNOC, and Borouge, 54% owned by ADNOC and 36% by Borealis. "We're bringing a global chemicals group to ...