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 ...

The move to transfer its 24.9% stake in OMV to XRG comes amid Adnoc working with the Austrian energy company to complete ...

Dubai ADNOC will shift its 24.9 per cent holding in Austrian oil‑and‑gas group OMV AG into XRG P. J. S. C, the UAE state oil giant’s $80 billion lower‑carbon energy and chemicals investment vehicle ...

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

GCC markets were shaped by significant geopolitical shifts in the first half of 2025, with IPO proceeds declining 6% year-on-year to $3.4bln ...

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 ...

Adnoc plans to transfer its 24.9 per cent stake in Austrian energy company OMV to its international investment entity XRG, as the Abu Dhabi company seeks to consolidate its global investments under ...

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 ...