Any flotation would be in about five years, one of them added. Sign up here. Before pursuing an IPO, ADNOC would need to appoint a CEO for XRG and transfer assets into the company, two of the ...

Abu Dhabi National Oil Co. said it sold $2.84 billion of shares in Adnoc Gas, a move that will increase the subsidiary’s free float and pave the way toward inclusion in share indexes.

CAIRO, Feb 21 (Reuters) - United Arab Emirates energy giant Abu Dhabi National Oil Co (ADNOC) said early on Friday it completed a $2.84 billion marketed offering in its unit ADNOC Gas. The ...

Abu Dhabi National Oil Co. PJSC (ADNOC) achieved Friday what it said is the biggest placement on the Abu Dhabi exchange, raising about $2.84 billion from issuing 3.1 billion shares in its ...

OMV and ADNOC agreed on the key terms of the potential consolidation of their polyolefin businesses and the subsequent acquisition of NOVA Chemicals under the new JV. Image by XXLPhoto via iStock ...

Borouge Group International promises eye-catching 'minimum dividend' Dubai: The ADNOC joint venture Borouge is all set to create one of the world's biggest petrochemicals entities. Borouge and ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their shareholdings in Borouge and Borealis and subsequently acquire Nova Chemicals for $13.4 billion--including debt--to form a ...

Abu Dhabi National Oil Company (Adnoc) and Austria’s OMV are set to merge their petrochemical subsidiaries Borouge and Borealis, potentially paving the way for the creation of a $60 billion-plus ...

‘Ta’ziz allows Abu Dhabi and ADNOC to have a stake in how transition fuels evolve’ “At Ta’ziz, we are looking into everything chemicals as long as it fits into our strategic narratives ...