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) ...

It is an ideal opportunity for someone with deep pockets and tolerance for risk to build world-scale gas business ...

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 ...

By Reuters | March 3, 2025, at 3:42 p.m. ... Reuters FILE PHOTO: A view of the logo of Austrian energy company OMV at the headquarter in Vienna, Austria, February 4, 2025. REUTERS/Lisa Leutner ...

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.

VIENNA, Dec 11 (Reuters) - Austria's OMV said on Wednesday (OMVV.VI) it had terminated its long-term gas supply contract with Gazprom (GAZP.MM) after the Russian firm stopped deliveries last month ...

Austria's OMV said on Wednesday it had terminated its long-term gas supply contract with Gazprom after the Russian firm stopped deliveries last month amid a row that has been highly politicized due to ...

OMV AG's recent arbitration win against Gazprom has limited impact on its business, despite Gazprom's supply cuts to Austria. Read more about OMVJF stock here.