FT: Gazprom close to revealing financing for $11bn Nord Stream 2 pipeline
Gazprom will reveal a financing package for the $11bn gas pipeline to Germany by the end of this month as…
OMV, the largest distribution center in the western Romania, in Arad
Mayor of Arad, Gheorghe Falcă, announced an investment of 17 million euros made by OMV Petrom, which will build a…
Alexey Miller and Rainer Seele seal the deal for Nord Stream 2 pipeline
Alexey Miller, the CEO of the Russian energy giant Gazprom met Rainer Seele, the head of Austria’s OMV energy company,…
Cooperation with Russia, ‘crucial’ for EU energy security – OMV Board member
The cooperation between Russia and the European Union is among crucial points for Europe’s energy security, together with the enhancement…
Gazprom wants more than 25 percent of OMV North Sea assets
Gazprom wants more than 25 percent of OMV’s Norwegian North Sea holding company but is being prevented from taking a…
Reinhard Florey, new member of the Supervisory Board of Petrom
Reinhard Florey, who earlier this year held the position of CFO of OMV, is the new member of the Supervisory…
OMV subsidiary in Turkey, on SOCAR’s shopping list
Azeri oil company SOCAR is about to launch a takeover bid for OMV subsidiary in Turkey, Petrol Ofisi, indicates declarations…
OMV makes a comeback in Iran oil industry
The OMV Group, Petrom’s majority shareholder, and the National Iranian Oil Company (NIOC) signed in Tehran a series of agreements…
OMV is betting on Romania for granting stability in an uncertainty dominated environment
“Some might say that I lack vision. I can admit that. But look how many fail around us, so we…
OMV disposes of assets in the North Sea to access fields in Siberia
The agreement regarding the exchange of assets between OMV and Gazprom will be completed this year, announced the CEO of…
OMV leadership declines interest in cooperating with Gazprom in refining sector
The Austrian energy group OMV, the majority shareholder of Petrom, and Gazprom may announce on Friday which assets will OMV…
Shell begins oil exploration in the Bulgarian side of Black Sea
Bulgaria has signed a five-year agreement with the oil group Royal Dutch Shell for exploration of oil and gas in…
OMV seeking buyers for its gas pipeline operating division
Many investors are interested in the 49% stake package, which OMV proposes for sale to Gas Connect Austria, a construction…
OMV will present in February a new cost reduction program
The general manager of OMV, Rainer Seele, warned that the current program to reduce costs is not enough at an…