Keyword: OMV

News

Thomas Gangl Leaves Borealis

19.03.2024 -

The Supervisory Board of Borealis and Thomas Gangl have mutually agreed to terminate Gangl's mandate as CEO of Borealis. Gangl is a seasoned executive with a wealth of...

News

ADNOC Completes Acquisition of 24.9% Stake in OMV

04.03.2024 -

Abu Dhabi National Oil Company (ADNOC) has completed the acquisition of a 24.9% stake in Austrian energy group OMV from Mubadala, the sovereign wealth fund of the United...

News

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...

News

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...

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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...

News

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...

News

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...

News

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...