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 ...

Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...

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 ...

Plastics materials M&A surged in the first half of 2025, led by a $13.4 billion acquisition of Nova Chemicals by newly formed ...

Austrian energy group OMV expects the merger of Borouge and Borealis to have a positive effect of €120 million ($140.8 million) on its second-quarter operating result before special effects, it said ...

The Abu Dhabi petrochemicals producer intends to increase production of butene-1 from its Borouge 2 olefins conversion unit ...

Abu Dhabi's Borouge announced a $400 million cost savings drive on Thursday to navigate inflation and supply chain disruptions, as it reported a 17% decline in fourth-quarter profit on pricing ...

Borouge’s $2 Billion Abu Dhabi IPO Draws $83 Billion of Orders. UAE’s Adnoc and Borealis are listing 10% of the chemicals firm; Mideast has bucked volatility hurting global equity markets ...

Borouge Plc has reported a 16 per cent year-on-year (YoY) increase in net profit in the fourth quarter of 2023 to $288 million, bringing full-year n. Tuesday, 02 January 2024 12:17 GMT.

Together, with Borouge 4 project, this revamp will help to boost Borouge’s annual total polyolefin production capacity to reach 6.5 million tonnes. Driving innovation with digitalisation and AI ...

Borouge maintained its industry leadership in profitability, with an EBITDA margin of 41% in Q2, up from 37% a year earlier. Borouge’s premium products continued to drive strong sales performance, ...