HSBC Global Research has downgraded OMV AG (ETR: OMVV) to a "hold" rating, citing weaker production guidance, stagnating ...
The Austrian firm will become a global chemicals giant if Borouge and Borealis merge and Canada-based Nova is added to the ...
Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host ...
The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales margins.
Despite significant declines in operating results, OMV Petrom SA (BSE:SNP) focuses on renewable energy expansion and shareholder returns.
U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% tariff on Chinese imports and Beijing retaliated with measures of its own, ...
Oil futures fell Tuesday as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own. The oil-and-gas company's refining margin fell to $5.9 a ...
Despite lower oil and gas prices, 2024 was a profitable year for OMV, even if profits were not quite as high as in the previous year. Overall, the ...
Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing ...
U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause, ...
Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...
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