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 ...

This transfer, which is subject to regulatory approvals, is aligned with ADNOC's strategy to consolidate its international ...

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

The Middle East Institute (MEI) is proud to announce that His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and ...

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 as Adnoc is working with the Austrian energy company to complete the ...

Global upstream merger and acquisition (M&A) activity saw a significant decline in the first half of 2025, reaching just over $80 billion—a 34% drop compared to the same period in 2024.

Looking ahead, Southeast Asia is also emerging as a promising area for mergers and acquisitions (M&A) with renewed interest in deepwater gas projects in Indonesia and Malaysia. However the global M&A ...

Mergers and acquisitions in the global upstream oil and gas sector clocked in at just over $80 billion in the first half of 2025, good for a 34% year-over-year decline amid volatile oil prices and tar ...

Attorney General Pam Bondi posted on X that there "appears to be a horrific incident that killed at least three at a law ...

The MENA Energy Recap is a quarterly review of key energy developments that took place in the region from April through June ...