Lukoil Bulgaria, fined about 37 mln. USD for abuse of dominant position
The Commission for the Protection of Competition in Bulgaria has fined Lukoil’s Bulgarian subsidiary 67.7 million leva ($36.83 million) for…
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OMV
Slovenia: MOL sells assets to get OMV local stations
MOL has told the STA it is willing to sell some of its assets in order to acquire the European…
OMV and its partners to invest USD 921 million in a gas field in Norway
Austrian group OMV and its partners have decided to invest 9.1 billion Norwegian kroner ($921 million) to develop a gas…
OMV Austria appoints Daniela Vlad as a member of the Executive Committee
The Supervisory Board of OMV Aktiengesellschaft appointed Daniela Vlad as the new member of the Executive Committee responsible for Chemistry…
OMV and Abu Dhabi National Oil Company sign MoU for LNG
OMV and Abu Dhabi National Oil Company (ADNOC) have signed a Memorandum of Understanding (MoU) to explore a new partnership…
OMV CEO says that the impact of the solidarity tax expected by the EU could be “massive”
The CEO of Austrian group OMV said on Thursday that the European Union’s proposed tax on extraordinary profits made by…
Gasoline down .58 lei from June, diesel by .56
Fuel prices charged by the large gas station chains decreased compared to the end of June by 58 bani/liter (0.58…
Gazprom cut gas supplies to OMV by 70%
The Austrian energy group OMV announced on Monday that it receives from the Russian group Gazprom a quantity of natural…
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…
OMV GM says the group will continue to invest heavily in oil and gas
The Austrian energy group OMV will not withdraw from short-term oil and gas production in the context of the possible…
OMV has completed the sale of gas stations in Germany for 485 mln. euro
British company EG Group and the OMV group have completed a 2020 transaction that provides for the sale of 285…
Amendments to the Offshore Law reach Parliament; will they be enough?
The ruling coalition leaders have sent the offshore law in Parliament and are announcing the existence of a political majority…
OMV still intends to pay in euro for gas purchased from Russia
OMV CEO Alfred Stern announced on Wednesday that the Austrian group will continue to pay in euro for gas purchased…
Fuel prices exceeded 8 lei per liter in Romania and 2 euro in Germany
The price of fuels in Romania has recently exceeded the threshold of 8 lei per liter, according to data analyzed…
OMV joins large energy companies and withdraws from Russia
The Austrian group OMV announced on Saturday that it is withdrawing from Russia, being the latest energy company to make…
OMV has stopped talks with Gazprom on a gas field and revises role in Nord Stream 2
Austrian energy group OMV announced that it has abandoned plans to take over a stake in a Gazprom gas field…
OMV, an investor in the Nord Stream 2 project, convened the crisis team on Monday
OMV held a meeting of the crisis team on Monday, a spokesman for the Austrian energy group announced, Reuters reports,…
Russia has exported a record amount of gas through the Nord Stream 1 pipeline in 2021
Exports of Russian natural gas to Germany via the Nord Stream 1 pipeline remained at a record high in 2020…
MOL buys OMV’s retail network of 120 service stations in Slovenia
MOL Group reached an agreement with OMV to acquire OMV’s 92.25% stake in OMV Slovenija d.o.o., in which INA d.d.…
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…
Verbund buys 51% of Gas Connect Austria from OMV
OMV, the international, integrated oil, gas and chemicals company headquartered in Vienna, and Verbund, Austria’s leading electricity company and one…
M&A market in Romania decreased by 27% in 2020
The value of transactions registered in Romania, during 2020, decreased by 27% compared to 2019, to 1.7 billion euro, reveals…
Otilia Nuțu, EFOR: Nord Stream 2 will divide Europe
The Nord Stream 2 project does not bring a new source to the European energy market and does not have…