Global upstream merger and acquisition (M&A) activity saw a significant decline in the first half of 2025, reaching just over $80 billion—a 34% drop compared to the same period in 2024.

The MENA Energy Recap is a quarterly review of key energy developments that took place in the region from April through June of 2025 and what they signal in the months ahead. The Recap views these ...

A bu Dhabi National Oil Company (ADNOC) has announced its plan to transfer a 24.9% shareholding in Austrian oil and gas ...

DubaiADNOC will shift its 24.9 per cent holding in Austrian oil‐and‐gas group OMV AG into XRG P. J. S. C, the UAE sta ...

Adnoc’s proposed 46.94 per cent shareholding in the new entity is expected to be held by XRG upon completion of the ...

The transfer is subject to regulatory approvals and is aligned with Adnoc’s strategy to consolidate its international growth investments under XRG, Adnoc said on Wednesday ...

Abu Dhabi National Oil intends to transfer its 24.9% shareholding in OMV AG (OTCPK:OMVJF) to its international investment ...

Dubai: The UAE energy company ADNOC has transferred its 24.9% shareholding in global petrochemicals giant OMV to XRG, its ...

Abu Dhabi's Adnoc said it will transfer its 24.9% shareholding in Austria's OMV to its investment company XRG as part of its strategy to consolidate international investments in the unit. Adnoc, or ...

ADNOC will transfer its 24.9% stake in Austrian oil and gas group OMV AG (OMV) to its $80 billion lower-carbon energy and ...

ADNOC emphasises its continued commitment to its partnership with OMV through XRG, supporting the company's ongoing growth ...

Abu Dhabi National Oil Company said on Wednesday it plans to transfer its 24.9% shareholding in Austria's OMV AG to its XRG ...