Austrian energy group OMV expects the Borouge-Borealis merger to have a positive effect of 120 million euros ($140.8 million) on its second-quarter operating result before special effects, it said as ...

OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel's NewMed Energy, have awarded a drillship contract for offshore ...

DubaiADNOC will shift its 24.9 per cent holding in Austrian oil‐and‐gas group OMV AG into XRG P. J. S. C, the UAE sta ...

OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have hired Noble ...

OMV Petrom (BVB: SNP) and Romgaz (BVB: SNG) have commenced infrastructure investments worth EUR 750 million for the Neptun Deep offshore natural gas project in the Black Sea, following the issuance of ...

Han Asparuh is a large exploration block located in the western Black Sea in Bulgaria in water depths of less than 2000 ...

Austria's OMV on Saturday became the latest energy firmto pull back from Russia, saying it would take an anticipated 1.5-1.8 billion euro($1.6-$2.0 billion) hit as it seeks to distance itself from ...

Romania’s top oil and gas group OMV Petrom and Romgaz Black Sea Limited, a unit of local natural gas producer Romgaz Group, will invest 3.77 billion lei ($870 million/743.5 million euro) in ...