Rising Production at OMV

EnergyOil & Gas ♦ Published: February 3, 2012; 11:19 ♦ (Vindobona)

Due to the resumption of works in Libya, the Austrian oil and gas group announces rising production volumes and slightly improving refining margins.

Rising Production at OMV / Picture: © Vindobona.org

The data on the economic environment shows the evolution of the relevant crude prices and exchange rates. For the E&P segment, we provide details and comment on the expected development of production volumes and the key drivers of this development. An overview on refining margins and performance drivers for the G&P and R&M businesses is also included. The OMV Group Q4/11…