Downstream Industry News Today

The Abu Dhabi’s ADNOC Group said it intends to nominate two representatives to the OMV supervisory board.

Abu Dhabi National Oil Company (ADNOC) said on Thursday it formally closed the acquisition of a 24.9% stake in Austria's Austrian oil and gas group OMV from Abu Dhabi sovereign wealth fund Mubadala Investment Company. "The transaction accelerates delivery of ADNOC's global chemicals growth strategy and reinforces its status as a responsible, long-term partner and growth-oriented investor," ADNOC said in a statement.

The transaction accelerates delivery of ADNOC's global chemicals growth strategy

PRC Europe (May 13-14, 2024, Amsterdam) is an annual closed-door Downstream Oil and Gas B2B networking Congress focusing on industry defossilisation and decarbonisation at the core of its programme.

By Mauro Orru Abu Dhabi National Oil Co. struck an agreement to acquire OCI Global's stake in Fertiglobe for $3.62 billion, in a deal that will make the...

Downstream industry and energy transition will be the main program of the BUMN ministry in 2024. | jouron

While Prabowo intends to make Indonesia friends with everybody, he wants a level playing field with other economies.

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