Keyword: OMV


OMV to Divest Upstream Gas Assets in Malaysia to TotalEnergies

01.02.2024 -

Austrian oil, gas and chemicals group OMV has signed an agreement to divest its 50% stake in Malaysia’s natural gas producer SapuraOMV Upstream to TotalEnergies for $903...


OMV and Synthos Partner on Sustainable Butadiene for Synthetic Rubber

12.12.2023 -

Austrian energy group OMV and synthetic rubber producer Synthos have signed a Memorandum of Understanding (MoU) under which the two companies will cooperate on...


Craig Arnold Appointed to Borealis Management Board

07.12.2023 -

The Supervisory Board of Borealis has appointed Craig Arnold as the new Executive Board member for Polyolefins, Circular Economy Solutions, and Innovation & Technology...


OMV and Wood Collaborate to License Chemical Recycling Technology

05.10.2023 -

Austrian oil, gas and chemicals group OMV is collaborating with British engineering and consulting group Wood for the worldwide commercial licensing of OMV’s proprietary...


OMV and Abu Dhabi Plan to Merge Polyolefins Businesses

17.07.2023 -

Austrian energy group OMV has decided to pursue negotiations with Abu Dhabi National Oil Co (ADNOC) to merge their polyolefin businesses. News agency Bloomberg had...


Lanxess Warns on Earnings as Buyout Talk Circles Covestro

22.06.2023 -

Two former spinoffs from Bayer were competing for headlines on Jun. 19 and 20, as specialty chemicals company Lanxess issued a profit warning amid rumors that Middle East...


ADNOC to Take a 24.9% Stake in OMV

06.01.2023 -

In a deal announced shortly before Christmas that only attracted significant attention in the new year, Abu Dhabi National Oil Company (ADNOC) said it is acquiring a 24.9...


OMV Petrom Plans New Aromatics Plant

17.10.2022 -

Romanian oil group OMV Petrom is investing €130 million to add an aromatics plant at its Petrobrazi refinery. The new unit, to be installed over the next three years...