Oil futures settled higher on Friday, with U.S. and global benchmark prices posting gains of more than 9% for the week, as tensions in the oil-rich Middle East continued to flare in the wake of Iran's ...

Agreement supports ADNOC’s public takeover offer to all of Covestro’s shareholders, all of which will become a foundation for ...

Oil prices have been rallying this week as traders focus on geopolitical risk and largely ignore changes to the physical market.

One market analyst sees several benefits to Abu Dhabi National Oil Co.'s $13 billion proposal to buy materials giant Covestro ...

ADNOC is rapidly expanding its petrochemical footprint, positioning itself as a key player in global growth markets. ADNOC's ...

Linklaters and Freshfields Bruckhaus Deringer are key advisers on a $16.3 billion deal involving Abu Dhabi National Oil ...

Abu Dhabi National Oil reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), the biggest Middle Eastern acquisition of a European firm.

Covestro AG, the Bayer spinout and plastics manufacturer whose North American headquarters is in Pittsburgh, is poised to be ...

Covestro AG signed an Investment Agreement with certain entities of the ADNOC Group, including ADNOC International Limited (“ADNOC International”) and its subsidiary, ADNOC International Germany ...

Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for €14.7 B ($16.3 B), including debt, in the energy giant's biggest ever acquisition.

U.S. shale producer Diamondback Energy raised its third-quarter production forecast on Tuesday to be in the range of 319,000 to 321,000 barrels of oil per day.