The British energy giants signed agreements with Libya's National Oil Corp. to study new opportunities, joining international ...

After nearly two years of negotiations, Abu Dhabi National Oil Company and OMV agreed in March to merge their polyolefin ...

(Reuters) -Austrian oil and gas group OMV recorded lower average energy prices in the second quarter of 2025, it said on ...

Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) ...

Former Allen Overy Shearman Sterling Counsel Attila Csongrady has joined Schoenherr as Partner alongside Peter Redo who ...

OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new ...

Romania’s top oil and gas group OMV Petrom said on Monday that it has acquired a 50% stake in Bulgarian project company Dunav Solar Plant, which is developing the Gabare photovoltaic park in Byala ...

OMV Aktiengesellschaft, Vienna, has commissioned a new plant for converting end-of-life plastics into circular feedstocks at its 204,000-b/d integrated refining complex in Schwechat, Austria. In ...

ADNOC and OMV to merge petrochemical firms to create $60 billion giant Stock Markets Published 03/04/2025, 02:31 PM Updated 03/04/2025, 02:36 PM ...

(Reuters) -Abu Dhabi National Oil Company and Austria's OMV will merge their polyolefin businesses to create a chemicals powerhouse with a $60 billion enterprise value, as the Gulf state oil ...

Austria has a long-established oil and gas industry, mostly run by OMV. Some 1,000 wells range over about 1,500 square miles of mostly flat land an easy drive from Vienna.

Austria's government — which owns 31.5% of OMV — framed the move as defiance against Russian attempts to blackmail the country, a common refrain from European leaders.