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ADNOC to transfer 24.9% stake in OMV to XRG

A bu Dhabi National Oil Company (ADNOC) has announced its plan to transfer a 24.9% shareholding in Austrian oil and gas ...
This transfer, which is subject to regulatory approvals, is aligned with ADNOC's strategy to consolidate its international ...
Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.2 billion) bid for German chemicals company Covestro may face ...
As shareholders wait to see if Treasurer Jim Chalmers will bless the $36 billion takeover, here’s all you need to know about ...
The transfer is subject to regulatory approvals and is aligned with Adnoc’s strategy to consolidate its international growth ...
XRG is a transformative international energy investment company, focused on lower-carbon energy and chemicals, and headquartered in Abu Dhabi. Wholly owned by ADNOC, XRG has an enterprise value of ...
ADNOC rebuffs talk that Australia’s LNG customers have concerns about the proposed takeover, saying it has “strong ties” in ...
While independent, its strategies are still shaped by ADNOC. XRG’s Global Chemicals division aims to become a top-5 global chemical player, driven by expectations that demand for chemicals will ...
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 ...
Sultan Ahmed Al Jaber, during U.S. President Donald J. Trump’ s state visit to the United Arab Emirates. "We are proud to advance our decades-long partnership with ADNOC and XRG on our South ...
HOUSTON, May 16, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s investment company, to evaluate a potential joint ...