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Recent Articles

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ADNOC to acquire 15% stake in Borealis from Mubadala Investment Company on undisclosed financial terms; transaction expands ADNOC's international footprint in chemicals and petrochemical sector

United Arab Emirates-based ADNOC Logistics & Services signs vessel building contract for two 175,000 cubic meter LNG ships to join its fleet in 2025; ships feature partial re-liquefication systems to cut emissions and will reduce fuel use by at least 10%

ADNOC to partner with methanol producer Proman to develop world-scale methanol production facility in Ruwais, United Arab Emirates; project plans for a capacity of up to 1.8 million tonnes/year

ADNOC and Borealis consider launching a public offering for a minority stake in Borouge; companies say they will provide further updates when appropriate

Adnoc and Borealis break ground on US$6.2B Borouge facility in Ruwais, United Arab Emirates, scheduled to start in 2025; plant includes annual capacity for 1.4 million tonnes of PE

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