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

Shell plc SHEL and BP p.l.c. BP have signed agreements with Libya's National Oil Corporation (“NOC”) to assess hydrocarbon potential across three major oilfields. This move marks a significant revival ...

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) ...

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 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 ...

VIENNA (Reuters) - 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 ...

OMV reported lower-than-expected Q3 profits due to weak oil prices, declining refining margins, and lower production, despite stronger performance in its chemicals division.