OMV

Spindelegger Wants New Impetus for Nabucco

The Austrian Vice-Chancellor calls for a quick realization of the pipeline project which is stalling at the moment.

September 28, 2011

Gas Cartel Investigations Continue

Another office has been searched on Wednesday. Austrian oil and gas company OMV does not see itself in the focus of prosecution.

September 28, 2011

Cartel Suspicions Against OMV

The Commission of the EU suspects ten gas companies of market abuse. The Austrian OMV wants to cooperate with the authorities.

September 27, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-27)

Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.

September 27, 2011

Rising Turnover in Austrian Advertising Market

After the turbulences in 2009, the domestic advertising market could continue its positive trend from 2010. Within the first eight months, turnover grew by 7.9%.

September 27, 2011

BP Plans Rival Project to OMV´s Nabucco

The British Petrol Corporation intends to open up new gas fields in the Caspian region. BP is thus a new competitor for the Austrian OMV.

September 27, 2011

Demanding Sale Program for OMV

Gerhard Roiss, CEO of the Austrian oil and gas company OMV announced to sale assets of more than € 1.0bn.

September 26, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-26)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

September 26, 2011

“Austrian Exports to Turkey to Double“

According to the Austrian Chamber of Commerce in Istanbul, Austrian companies could benefit strongly from the persisting economic boom in Turkey.

September 26, 2011

OMV Buys 500,000 Barrels of Condensate in Libya

It is the first supply from the war-torn country for the Austrian oil and gas group since March.

September 22, 2011

OMV Strategy Update: “Profitable Growth”

OMV is hosting a Capital Markets Day and Media Summit in Istanbul to present an update on its strategy. The Strategy builds on growing OMV’s upstream portfolio, on expanding its integrated gas business and on restructuring the oil downstream segment

September 21, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-20)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners & Losers.

September 20, 2011

OMV Board Member Werner Auli to Leave Executive Board

After nearly 25 years of active service at the Austrian oil and gas company OMV, Werner Auli will be stepping down as a member of the Executive Board due to health reasons at the end of 2011

September 19, 2011

OMV Publishes New Strategy

Gerhard Roiss became CEO of the Austrian OMV six months ago. This week, Roiss will present the company´s strategy at the capital market´s day in Istanbul, Turkey.

September 19, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-13)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

September 13, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-12)

Daily News-Flash from the Vienna Stock Exchange: Winners and Losers, Upgrades and Downgrades.

September 12, 2011

OMV’s Petrom Receives Approval for License Extension

The subsidiary of the Austrian oil and gas company was allowed to continue exploration works in Romania. The licenses were due to expire on September 12.

September 8, 2011

Joschka Fischer: „Nabucco is in time“

The former Minister of Foreign Affairs of Germany, Joschka Fischer, is optimistic regarding the realization of the Nabucco Gas Pipeline.

September 6, 2011

Green Party: Accusations against OMV

The member of the Austrian Parliament, Peter Pilz (Greens) considers bribe payments from the oil and gas company OMV to Mensdorff-Pouilly.

September 6, 2011

Vienna Stock Exchange: Winners and Losers (2011-09-06)

Daily News-Flash from the Vienna Stock Exchange: Upgrades and Downgrades, Winners and Losers.

September 6, 2011

“Telekom, Post and OMV Could Be Privatized Immediately”

Karlheinz Kopf calls for privatizations in the infrastructure sector. Last year, the Austrian state earned € 244m from its shareholdings.

September 5, 2011

OMV Affected by Sanctions against Syria

The Austrian oil and gas company does not have a local production but buys 7% of its oil supplies from the Arabic country.

August 29, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-23)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 23, 2011

Austrian Companies Hope for Quick Return to Libya

In view of the approaching end of the Gaddafi regime Austrian companies start preparations for an early return to the North African country.

August 22, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-16)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 16, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-12)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 12, 2011

Vienna Stock Exchange: Winners and Losers (2011-08-11)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

August 11, 2011

OMV’s Results Impacted by Political Turmoil

The events in North Africa and the Middle East adversely impacted results of the Austrian oil and gas group: clean CCS EBIT and net income were both down 25%.

August 10, 2011

Vienna Stock Exchange: Winners and Losers (2011-07-27)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

July 27, 2011

“Keep Cool and Look Forward”

Alois Wögerbauer, Executive of 3 Banken-Generali Investment-Gesellschaft m.b.H., gives his view on the current situation at the Vienna Stock Exchange.

July 26, 2011

Vienna Stock Exchange: Winners and Losers (2011-07-25)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

July 25, 2011

Mitterlehner with Plans for Reform of ÖIAG

The Minister of Economics intends to reposition the Austrian state holding company. Markus Beyrer, the new CEO, is currently evaluating new concepts.

July 25, 2011

OMV: Total Production Declined by 14%

In the second quarter, the Austrian oil and gas company registered a significant drop in production. Sales volumes in the gas business increased by 43%.

July 22, 2011

New Attempt for Oil Pipeline Bratislava – Schwechat

New impetus for the Austro-Slovak infrastructure project: The pipeline would link OMV to the Russian network.

July 20, 2011

Vienna Stock Exchange: Winners and Losers (2011-07-20)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

July 20, 2011

Vienna Stock Exchange: Winners and Losers (2011-07-13)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

July 13, 2011

OMV Announces Re-Development of Schiehallion Oil Field

A joint venture including the Austrian oil and gas company will spend € 3bn on a major re-development of the Schiehallion oil field to the west of the Shetland Islands.

July 13, 2011

OMV Closes Acquisition of Petronas Carigali

The Austrian oil and gas company purchased the exploration and production entity of Petronas in Pakistan. Strong growth potential is expected in the country.

July 12, 2011

OMV’s Petrom Makes Significant Gas Discovery

The Austrian energy group’s subsidiary made a gas discovery in Romania. Further appraisal drilling is planned to assess what may be the most important onshore gas discovery in the country in the last six years.

July 7, 2011

EU Commission Blocks OMV’s Deal with Gazprom

The Austrian oil and gas company does not get its desired Russian partner as the EU Commission has rejected a share transaction between the two companies.

June 20, 2011

Vienna Stock Exchange: Winners and Losers (2011-06-17)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

June 17, 2011

Vienna Stock Exchange: Winners and Losers (2011-06-09)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

June 9, 2011

Nabucco Legal Framework Finalized

Project support agreements were signed by each transit country. They are a prerequisite for the successful financing of the pipeline.

June 8, 2011

OMV with Oil Discovery in Iraq

The Austrian oil and gas company reported promising first results from one of its test drills. Further investigations of the well are planned.

June 3, 2011

Vienna Stock Exchange: Winners and Losers (2011-06-01)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

June 1, 2011

Nabucco Receives Further Support by Transit Countries

Five countries are going to sign an agreement on the realization of the infrastructure project. Works are scheduled to start in 2013.

June 1, 2011

OMV: New CEO and Organizational Structure of Its Turkish Operations

Gülsüm Azeri is going to succeed Melih Türker as CEO of the Austrian oil and gas group’s Turkish operations.

May 25, 2011

OMV Considering Closer Cooperation with Azerbaijan

The Austrian oil and gas group is in talks about investments in the oil-rich country which is an important supplier for Nabucco.

May 20, 2011

Vienna Stock Exchange: Winners and Losers (2011-05-18)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

May 18, 2011

Austrian FDI: 2010 Was a Year of Stabilization

Active foreign direct investment increased, while inward flows stagnated in 2010. Turkey was the top destination for Austrian investors.

May 18, 2011
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