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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…
Tag: OMV
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Decline of 25% of domestic gas production since early April
Domestic gas production continued its sharp decline in early May, falling by about 13% in just a few days, after…
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OMV and Mastercard support five hospitals in Romania with food
OMV Petrom, the largest energy company in South-East Europe, continues to support the efforts of healthcare professionals in the fight…
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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…
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OMV to sell its 287 gas stations in Germany
The Austrian energy company OMV wants to sell its 287 gas stations in Germany. The company announced its intentions in…
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Popescu: OMV will not withdraw from the Black Sea project
Designated Minister of Economy, Virgil Popescu, claims that the issue of withdrawal from the Black Sea was not even approached,…
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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…
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Only 30% of OMV’s production comes from Petrom
The share of hydrocarbons extracted by OMV Petrom in the total production of the parent company, OMV, has halved in…
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By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub
Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…
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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…