Keyword: Abu Dhabi National Oil Company (ADNOC)

News

ADNOC Acquires Stake in ExxonMobils’s Texas Hydrogen Plant

05.09.2024 -

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 35% equity stake in ExxonMobil’s proposed low-carbon hydrogen and ammonia production facility in Baytown...

News

Borouge, ADNOC, Borealis and Wanhua Chemical Explore China Polyolefins Project

24.07.2024 -

Borouge, in a consortium with ADNOC and Borealis, and China’s Wanhua Chemical, together with Wanrong New Materials, a subsidiary controlled by Wanhua, signed a project...

News

Covestro and ADNOC Enter into Takeover Negotiations

25.06.2024 -

On the basis of the open-ended discussions held to date with Abu Dhabi National Oil Company (ADNOC), the board of management of Covestro decided today, after consultation...

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ADNOC Completes Acquisition of 24.9% Stake in OMV

04.03.2024 -

Abu Dhabi National Oil Company (ADNOC) has completed the acquisition of a 24.9% stake in Austrian energy group OMV from Mubadala, the sovereign wealth fund of the United...

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ADNOC Increases Bid to €11.3 Billion for Covestro

22.12.2023 -

ADNOC plans to increase its bid for German chemical company Covestro, aiming to diversify its portfolio beyond oil and gas

News

ADNOC to Acquire OCI’s Stake in Fertiglobe for $3.6 Billion

18.12.2023 -

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire OCI Global's entire majority stake in fertilizer producer Fertiglobe for $3.62 billion. Fertiglobe is a joint...

News

Covestro Agrees to Negotiations with ADNOC

11.09.2023 -

Following reports at the end of June that Abu Dhabi National Oil Company (ADNOC) was looking for takeover targets in Europe and was showing strong interest in Covestro in...

News

OMV and Abu Dhabi Plan to Merge Polyolefins Businesses

17.07.2023 -

Austrian energy group OMV has decided to pursue negotiations with Abu Dhabi National Oil Co (ADNOC) to merge their polyolefin businesses. News agency Bloomberg had...