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

Acting Minister of Oil and Gas of the Government of National Unity, Khalifa Abdul-Sadig, has expressed interest in expanding ...

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

OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of natural gas, drilling for oil and experimenting with geothermal energy.

OMV's decision to cut ties with Gazprom is a historic break with Russian gas supplies, and stems from a long-running contract dispute.

Austria's OMV on Saturday became the latest energy firmto pull back from Russia, saying it would take an anticipated 1.5-1.8 billion euro($1.6-$2.0 billion) hit as it seeks to distance itself from ...

In an exclusive interview, the company’s Chief Downstream Operations Officer Thomas Gangl says OMV has first mover’s advantage and a pretty high pain threshold in finding a circular economy ...

With its ambitious expansion plans in doubt and top management in flux, oil and gas group OMV is struggling to persuade investors that Austria's biggest company can master increasingly difficult ...

The head of German oil and gas company Wintershall Holding GmbH, Rainer Seele, will take over in July as chief executive officer of Austrian oil and gas company OMV AG, the Austrian company said.

Austria’s top energy official said it’s up to OMV AG executives and shareholders whether to extricate the firm from a long-term Russian natural gas contract, now that it’s sufficiently ...

WHEN HE became chief executive of OMV in September 2021, Alfred Stern had one word for Austria’s oil-and-gas major: plastic. Having previously run the concern’s chemicals division, Borealis ...