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OMV, ADNOC and Nova Chemicals

Austria's OMV, ADNOC mull acquiring Nova Chemicals

Austria's OMV and Abu Dhabi National Oil Company (ADNOC) said on Friday they are considering a joint venture to acquire Canada's Nova Chemicals if its owner, the Abu Dhabi sovereign wealth fund Mubadala,

Bloomberg L.P. · 7h

UAE’s Adnoc Aims to Buy Nova Chemicals, Roll Into Deal With OMV

Abu Dhabi National Oil Co. and energy producer OMV AG are considering buying Canada’s Nova Chemicals Corp. and rolling it into an industry giant they’re seeking to create by merging two companies in which they have cross shareholdings.

theasialive · 6h

Adnoc and OMV Eye Creation of $30 Billion Chemical Giant with Potential Nova Chemicals Acquisition

Abu Dhabi National Oil Company (Adnoc) and Austrian energy producer OMV AG are advancing discussions to establish a global chemicals and plastics powerhouse through a strategic merger and acquisition plan.

Hosted on MSN · 1d

UAE's ADNOC Confirms Negotiations with Austria's OMV for New Polyolefins JV

Abu Dhabi National Oil Company (ADNOC) confirmed on Saturday negotiations with Austria's OMV to set up a new global polyolefins group.It said in a statement that negotiations to merge their Borouge and Borealis companies were going in a "constructive and positive manner.

AGBI on MSN12h

Proposed Adnoc-OMV entity targets Mubadala unit

The proposed merged entity will try to acquire Canada’s Nova Chemicals from Mubadala Investment Company as its first growth ...

13d

Airbus And Austria’s OMV Partner On Sustainable Aviation Fuel

Global aircraft manufacturer Airbus and Austria's integrated energy company OMV have announced a partnership on a sustainable ...

11d

OMV CEO: Europe must step up own gas production and imports

Having severed ties with Russia as a gas supplier, Europe must step up its own production and imports, said Alfred Stern, CEO ...

Paul Tan12d

OMV excise duty revision deferred to Jan 2026 – CKD car prices up by 10-30% next year if ruling maintained

So, the big day came and gone without a change to car prices. We’re talking about the deferment of the implementation of the ...

Trade Arabia10h

Adnoc confirms talks with OMV on new polyolefins group

Abu Dhabi National Oil Company (Adnoc) confirms that negotiations with OMV about the potential creation of a new global polyolefins group, through the proposed combination of their existing ...

3don MSN

Country's biggest oil and gas producer takes New Zealand assets off the market

Austrian-based OMV says its executive board has decided the company will no longer pursue the sales process for 100 percent ...

Paul Tan9d

OMV/402 revision to cause 10-30% price increase of CKD cars, job losses, closure of factories – MACPMA

The Malaysia Automotive Component Parts Manufacturers (MACPMA) has shared its viewpoint on the OMV/402 matter. In an official ...

Romania Insider2d

Court rejects Greenpeace's objection to environmental permit for Romania's Neptun Deep offshore gas project

The Bucharest Court of Appeal rejected on January 29 the request filed by Greenpeace on the environmental permit for the ...

Biofuels International13d

OMV and Airbus collaborate to drive aviation decarbonisation

OMV and Airbus have signed a memorandum of understanding to advance the decarbonisation of the aviation industry through ...

Paul Tan6d

Motorcycle prices to rise by up to 20% in Malaysia due to OMV revision, will severely affect B40 – MASAAM

Earlier this month, the Malaysian Automotive Association (MAA) confirmed that the industry received a big reprieve in the ...

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