NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black ...

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest ...

OMV Petrom and Romgaz have spud of the first well for development and production of the Pelican South and Domino natural gas ...

OMV Aktiengesellschaft, Vienna, has commissioned a new plant for converting end-of-life plastics into circular feedstocks at its 204,000-b/d integrated refining complex in Schwechat, Austria. OMV ...

Austria’s OMV and Abu Dhabi’s ADNOC have struck a deal to combine their polyolefins business, creating a $60-billion major in the space, ADNOC said in a statement. The new company will be the ...

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has closed the farm-down transaction with NewMed ...

OMV, ADNOC to merge polyolefins businesses Borouge and Borealis New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ADNOC and OMV to have equal share in ...

Bloomberg first reported in July 2023 that Austria-based OMV and Abu Dhabi’s Adnoc were in talks about merging the units. But wrangling over cash contributions and where the company would be ...

ADNOC and OMV have also agreed that upon completion of the Combination, Borouge Group International will acquire Nova for $13.4 billion including debt, further expanding its footprint in North America ...

Landry issued an executive order on March 20. The order explained the many technical problems with OMV’s old system. These issues have caused regular closures of field offices and public tag ...

Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals to form a giant with a combined value of about ...