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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,
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.
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.
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 MSN
15h
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 ...
Paul Tan
12d
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 ...
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 ...
Trade Arabia
14h
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 ...
Paul Tan
9d
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 ...
3d
on 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 ...
Biofuels International
13d
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 ...
10d
Contact Energy secures gas supply from OMV for 2026-2032
Contact Energy has entered into a contract with Austrian oil and gas company OMV for the supply of natural gas from ...
Paul Tan
6d
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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