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 ...

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

OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new ...

SHEL and BP partner with Libya's NOC to explore and develop hydrocarbon potential across three key oilfields, marking a ...

The British energy giants signed agreements with Libya's National Oil Corp. to study new opportunities, joining international ...

As part of the deal, OMV sold a 5% stake in the Ghasha oil and gas project worth a total of $20 billion for $594 million, net of a commission of $100 million. As a result of the deal, LUKOIL's share ...

Oil & Gas - Romania is on track to become Europe’s leading producer of natural gas in the wake of reduced Russian supply.

The investment agreement also secures OMV Petrom a 50 percent share in the project's electricity production.