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The MENA Energy Recap is a quarterly review of key energy developments that took place in the region from April through June of 2025 and what they signal in the months ahead. The Recap views these ...
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ADNOC to transfer 24.9% stake in OMV to XRG
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 amid Adnoc working with the Austrian energy company to complete ...
Dubai ADNOC will shift its 24.9 per cent holding in Austrian oil‑and‑gas group OMV AG into XRG P. J. S. C, the UAE state oil giant’s $80 billion lower‑carbon energy and chemicals investment vehicle ...