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

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 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 ...

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.

Austrian oil and gas company OMV has finalised an agreement to supply natural gas from its Neptun Deep project in the Black Sea to German energy company Uniper, starting in 2027, reported Reuters ...

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 ...

Austrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the gas following an arbitration ...

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.

Simply sign up to the EU energy myFT Digest -- delivered directly to your inbox. Austrian energy group OMV will continue to buy most of its gas from Russia this winter, its chief executive has ...

Austrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the gas following an arbitration ...