OMV will review decisions made by former CEO Rainer Seele
OMV’s Board of Supervisors will not approve the 2021 actions of former CEO Rainer Seele and will launch a thorough…
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Rainer Seele
Alfred Stern will replace Rainer Seele at the helm of OMV
At Monday’s meeting, OMV’s Board of Supervisors appointed Alfred Stern as chairman of the company’s Executive Committee and CEO since…
Rainer Seele sees hope for oil price recovery in second half
Austrian energy group OMV sees hope for a recovery in oil prices in the second half of 2020 helped by…
OMV does not exclude the possibility of resorting to lay-offs due to the coronavirus crisis
Austrian OMV Group plans to expand its current four billion euro cost reduction program, said CEO Rainer Seele, who added…
In respect to the Neptun Deep project, OMV Petrom moves from “when” to „if” – changes to offshore law are urgent
The extraction of natural gas from the Neptun Deep perimeter of the Black Sea has become uncertain, as the offshore…
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
Rainer Seele, confirmed for two more years at the helm of OMV
The term of office of the current CEO and Chairman of the Executive Committee of the OMV, Rainer Seele, was…
Seele, OMV: Russian gas supply via Nord Stream 2 pipeline to start by end of year
The first gas flow through the Nord Stream 2 is set to start no later than December 31 this year,…
OMV signs agreement with Gazprom for USD 1 bln. Achimov gas field
OMV signed an agreement with Russian gas producer Gazprom setting the price at $1 billion for the potential acquisition of…
OMV and Porsche Holding partner to boost CNG fuelling
OMV is investing up to EUR 10 million in the CNG network, with plans to upgrade the existing dispensers and…
OMV chief criticises US pressure over Russian gas pipeline
The head of OMV has accused the US of trying to “dictate” energy policy to its allies, calling on the…
OMV postpones for 2019 the decision to invest in the offshore Black Sea project
Austria’s energy group OMV has postponed an investment decision on its Black Sea exploration project until next year because the…
Mariana Gheorghe leaves the CEO position in OMV Petrom, replaced by Christina Verchere
Mariana Gheorghe dropped out office as OMV Petrom Chairman and CEO. She will be replaced by Christina Verchere, no later…
OMV CEO sees closing of Gazprom asset swap not before end-2018
The chief executive of energy group OMV said on Tuesday he expected an asset swap with Russia’s Gazprom to close…
Gazprom and OMV sign framework agreement on small-capacity LNG in Black Sea
The Austrian energy group OMV and the Russian group Gazprom signed a series of documents on Friday to develop their…