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 ...

XRG, which ADNOC said is valued at more than $80 billion, will focus on overseas investments in low-carbon energy, including gas, chemicals and renewables.

ADNOC will transfer its 24.9% stake in Austrian oil and gas group OMV AG (OMV) to its $80 billion lower-carbon energy and ...

​​​​​ Abu Dhabi, UAE – Abu Dhabi National Oil Company P.J.S.C. (ADNOC) announced today its intention to transfer its 24.9% ...

The transfer is subject to regulatory approvals and is aligned with Adnoc’s strategy to consolidate its international growth ...

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 ...

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

A bu Dhabi National Oil Company (ADNOC) has announced its plan to transfer a 24.9% shareholding in Austrian oil and gas ...

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

Abu Dhabi National Oil Company said on Wednesday it plans to transfer its 24.9% shareholding in Austria's OMV AG to its XRG ...

XRG, set up to operate separately from ADNOC, aims to double its asset value in the next 10 years. While independent, its strategies are still shaped by ADNOC.

XRG, which ADNOC has said has $80 billion in assets, has a mandate to pursue global deals in chemicals, natural gas and renewables, as the emirate seeks to build a globe-spanning portfolio in those ...