Browsing Tag
OMV
23 posts
OMV keeps €600m Austrian hydrogen project alive after Masdar withdrawal
OMV says Masdar’s unexpected departure will not derail a €600 million electrolyser planned for Bruck an der Leitha. With most financing already identified, the test now shifts from funding availability to execution, power economics and long-term hydrogen demand.
Emma Delaney takes over OMV with shares less than 1% from a 52-week high
Former BP executive Emma Delaney becomes OMV’s first female CEO on September 1, inheriting a company whose second-quarter clean operating result climbed 65% to €1.7 billion and whose 50% interest in Borouge International places it at the centre of a $60 billion-plus global chemicals platform.
Mitsui’s Kassø e-methanol lands OMV as RFNBO offtaker, unlocking EU land fuel demand
Mitsui and European Energy added OMV as RFNBO offtaker for Kassø's e-methanol; four verticals now anchor a plant whose value lies in template, not tonnage.
Austria’s OMV opens Wittau gas well to supply 100,000 households over a decade, signals further €500m investment
OMV starts production at Wittau, Austria's largest gas discovery in 40 years, with EUR 150 mn invested and 48 TWh resource potential. Read the full analysis.
From emissions to apparel: Fullstride Ventures launches Carboncup using Infinium CO₂-derived foam
Find out how Borealis, Infinium, and Fullstride Ventures turn waste CO₂ into Carboncup foam and what it means for sustainable fashion and circular polymers.
ADNOC, OMV to form $60bn Borouge Group International, unlocking $500m in annual synergies
A major transformation is set to take place in the global polyolefins industry as Abu Dhabi National Oil…
Gas showdown: Why Russia cut Austria’s natural gas supply and what it means for Europe
Russia’s state-owned energy giant, Gazprom, has suspended natural gas deliveries to Austria, following a high-profile payment conflict with…
OMV finds up to 140 million barrels of oil equivalent in Norwegian Sea
OMV (Norge) AS has announced a significant gas discovery in the Norwegian Sea, further solidifying its position as…
OMV to sell 50% stake in SapuraOMV to TotalEnergies for $903m
In a significant development within the energy sector, OMV has announced the sale of its 50 percent stake…
OMV Schwechat refinery in Austria completes major turnaround
In a significant development that underscores OMV’s commitment to operational excellence, the OMV Schwechat Refinery announced the successful…