NEWS
Abu Dhabi - January 23, 2017
On Saturday, the government of Abu Dhabi announced the names of the new board members for the USD 125 billion company being formed as a result of the merger of Mubadala…
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Austria Overview
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NEWS
UAE - March 01, 2024
ADNOC has formally closed the acquisition of a key 24.9% stake in OMV AG, a global energy and chemicals group, from Abu Dhabi…
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NEWS
Norway - January 17, 2024
Norway has assigned 62 offshore oil and gas production licences to 24 companies in its latest bid round, the Norwegian Offshore…
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Interview
Oman - April 27, 2023
Steve Phimister, managing director of Petroleum Development Oman (PDO), talks to The Energy Year about the company’s production goals and strategy to lead Oman’s…
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NEWS
Abu Dhabi - October 28, 2022
OMV has signed an MoU with ADNOC to explore LNG deliveries from the UAE to Austria, the Austrian integrated oil and gas company announced on Thursday.
The initial…
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NEWS
Austria - July 01, 2019
Oil was up more than 2% this morning as OPEC met in Vienna following announcements from Saudi Arabia, Russia, Iraq and Iran that their leaders would agree to extend…
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NEWS
Multinational - November 19, 2018
Oil prices edged up on Monday morning in Asia amid expectations that de-facto OPEC leader Saudi Arabia will urge the organization and its allies to slash supply to…
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NEWS
Abu Dhabi - June 29, 2016
Crown Prince Mohamed bin Zayed on Wednesday issued a resolution for the establishment of a joint committee that is to oversee the merger of Abu Dhabi’s two investment…
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NEWS
Austria - January 29, 2016
OMV recorded around €1.5 billion in write-downs in its upstream ventures and €300 million in downstream operations in Q4, the Austrian oil and gas group reported…
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NEWS
Austria - December 04, 2015
Oil prices fell on Friday after sources said OPEC looked unlikely to take steps to cut oil production in in order to retain market share and raise its output…
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