Blackstone chief operating officer Jonathan Gray also appointed to board
Energy, tech and finance executives in discussion over how to fuel artificial intelligence
Adnoc’s $16bn takeover of Germany’s Covestro is a key part of its strategy to diversify its business
Deal may provide a test case for other Middle Eastern investors scouring the world for opportunities
Adnoc seeks to acquire chemicals groups as it prepares for a world less reliant on oil as a fuel
State oil company Adnoc to make formal €14.4bn offer for Covestro in biggest European deal this year
Plan for world’s largest low-emission plant of its kind in limbo over push for US subsidies
Adnoc’s Sultan al-Jaber has discussed projects with ex-CEO following exit from oil major
UAE oil company’s lengthy courtship and sweetened €14.4bn bid key to overcoming German chemical group’s reluctance
German chemicals group to enter ‘concrete negotiations’ after Gulf state-owned company boosts proposal to €62 per share
Global energy companies are expanding investments in fuel that is increasingly in demand
Talks with Tel Aviv-listed NewMed paused because of ‘uncertainty created by the external environment’
Talks cool to allow both sides to navigate differences over merger of cross-held Borealis and Borouge arms
Company lift investment in sector to $23bn by 2030 from previous $15bn
UAE is under intense pressure to deliver a successful climate summit
Torbjörn Törnqvist says bumper profits have reduced rationale for seeking outside investor
Abu Dhabi state energy group improves offer for German chemical company as emirate flexes financial muscle
Plus, Italy’s rightwing government hits domestic banks with a surprise tax and Diageo’s liquor deal with Diddy turns sour
Adnoc amasses 50-strong team as UAE state oil group seeks to diversify business and expand overseas
Announcement made as Gulf country prepares to host COP28 climate talks
Partnership could combine Borouge with Borealis to create global polyolefin company
State-owned oil company Adnoc seeks to diversify revenue stream and expand beyond fossil fuels
Diversifying into cleaner and higher-growth sectors makes sense for Abu Dhabi’s national oil company
UK energy major and Adnoc plan joint venture to pursue projects in eastern Mediterranean
Co-founder of Switzerland-based energy trading company said to be reluctant to yield control to Abu Dhabi group
