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 ...

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.

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 ...

Markus Berghofer, Vice President of Digital Excellence at OMV, says the company’s ambition of becoming a digital front-runner in the oil and gas sector is being gradually realized.

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 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.

OMV ReOil unit (center) is capable of converting 100kg of plastic waste into 100 liters of synthetic ... More crude oil, with an upgrade to 2,000kg expected in the near future. OMV Aktiengesellschaft ...

OMV AG said Saturday that it is further reviewing its activities in Russia because of the country’s war in Ukraine, which would lead to a 1.5 billion euro to 1.8 billion euro ($1.64 billion-$1. ...

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%.

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.

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