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Fertiglobe reports first set of earnings since Adnoc acquisition, with the producer set to snap up Adnoc’s stake in Exxon’s Texas hydrogen project
Fertiglobe saw sales dip on the back of power outages in Algeria and natural gas curtailments in Egypt
Adnoc completes acquisition of Fertiglobe, El-Hoshy staying on as CEO
The transaction increases Adnoc’s stake in Fertiglobe to 86.2%
Adnoc will close Fertiglobe acquisition this week
The transaction is set to close on Tuesday, 15 October
Woodside to acquire OCI’s blue ammonia project for USD 2.3 bn
OCI Global has deep ties with Adnoc
Fertiglobe secures first ever green ammonia tender to supply green ammonia to Germany
The contract will secure 10% of Germany’s annual ammonia needs
Emirati firms ink more than USD 30 bn renewables agreements in Egypt
Masdar, Zero Waste, Ocior, and Fertiglobe are among the firms pledging investments in renewables projects in the country
Tecnimont secures contract to build low-carbon ammonia plant in Al Ruwais
The facility, which will produce 1 mn tons of ammonia annually, is being developed by a consortium of local and…
Adnoc gets the green light for Fertiglobe acquisition
The acquisition is to boost the production and distribution of nitrogen fertilizers.
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