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

(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.

Russian gas was still reaching Austria on Monday despite Gazprom cutting off flows to top Austrian importer OMV over the weekend due to a contractual dispute, data flows showed.

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 ...

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-based OMV said that Russia will no longer be considered one of the core regions of its exploration and production portfolio, and that it won’t pursue future investments in the country.

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 ...

Austria's OMV said on Tuesday that the country's gas supply situation had improved somewhat, with the reduction in deliveries now at around 40%.