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04.08.2014 OMV: Sanctions on Russia 'Will Not Hinder' South Stream

Austrian energy concern OMV has assured restrictive EU measures against Russia will not put a wheel on the South Stream gas pipeline project.

25.07.2014 OMV Petrom finalizes modernization of Petrobrazi refinery

OMV Petrom, the largest oil and gas producer in South-Eastern Europe, has announced the successful finalization of the modernization process of Petrobrazi refinery, performed during 2010-2014. Total investment in the modernization process amounted to around EUR 600 mn.

26.06.2014 Gazprom 'in Talks' for 1/4 Share of Austria's OMV

Gazprom has begun talks with Abu Dhabi representatives to acquire 24.9% of oil and gas company OMV, an Austrian lawmaker argues.

20.05.2014 Six firms eye Montenegro's oil and gas exploration

Six companies from the USA, Austria, Italy, Russia, Greece and Great Britain submitted three offers at the public tender for awarding concessions for oil and gas exploitation in the offshore of Montenegro, Balkans.com reported on May 19. The companies are:

16.05.2014 Austrian OMV invests in butadiene production

As part of OMV’s Refining and Marketing strategy, the extended butadiene plant at the refinery in Schwechat started operating on May 2, 2014, OMV’s press office said on May 15.

15.05.2014 Austria’s OMV general meeting approves dividend for 2013

OMV’s Ordinary Annual General Meeting has approved a dividend of EUR 1.25 per share for 2013 as well as all other agenda resolutions including the elections to the Supervisory Board, the Long Term Incentive Plan 2014 and the Matching Share Plan 2014, OMV’s press office s

30.04.2014 Gazprom, Austria’s OMV sign memo to develop South Stream pipeline

On April 29 at the headquarters of OAO Gazprom, a working meeting has been held between the Chairman of the Management Committee Alexey Miller and the OMV Chairman of the Executive Board, CEO Gerhard Roiss, OMV’s press office has said.

23.04.2014 Austria’s OMV, Gazprom agree to strengthen partnership

The CEOs of Gazprom and OMV, Alexei Miller and Gerhard Roiss, met on April 22 at OMV head office to discuss the challenging current market environment for gas, OMV’s press office has said.

09.04.2014 OMV invests 400mn euros in Lower Austria

OMV, the integrated, international oil and gas company, is consolidating its commitment to oil and gas production in Lower Austria, its press office said on April 8.

08.04.2014 OMV, GDF SUEZ, Statoil start production at new platform in Norwegian North Sea

The partners Statoil (operator), OMV and GDF SUEZ have started oil and gas production on the Gudrun platform in the North Sea, OMV’s press office said on April 7. OMV acquired a 24% interest in the Gudrun license in last year’s major deal with Statoil.