ADNOC news

The new office supports regional decarbonization efforts, leveraging advanced technologies in sustainable fertilizers, low-carbon energy, and circular solutions.

Reviewed financials, AI deployment, international expansion, and unconventional gas. Emphasized trading growth, UAE skill development, and new chemical projects in Al Ruwais.

The offering increased free float to 22%, saw 7x oversubscription, and supports ADNOC's growth plan with strong financial performance and analyst "Buy" recommendations.

ADNOC to supply 1 mtpa LNG to India, expanding its global footprint. Ruwais project to start in 2028, with 8 mtpa capacity already committed.

The EU is investigating potential UAE subsidies that may distort the market, focusing on acquisition terms and competitive impacts. Decision expected by December 2025.

The new entity will be the fourth-largest globally, acquiring Nova Chemicals, with headquarters in Vienna and Abu Dhabi, and aims for significant growth and synergies. Completion by Q1 2026.

XRG acquires 91.3% of Covestro shares. The deal awaits regulatory approval, aiming to enhance XRG's Performance Materials and Specialty Chemicals business. Completion expected in H2 2025.

ADNOC offers €62/share, supporting Covestro's growth strategy. A 10% capital increase will raise €1.17 billion. Shareholders gain a 54% premium.

The agreement supports sustainable growth, offers a 54% premium to shareholders, and ensures governance continuity, with a 10% capital increase for strategic implementation.

ADNOC signed an MoU to produce and transport low-carbon ammonia in North Rhine-Westphalia, aiming to support industrial decarbonization and renewable energy initiatives.