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The Austrian firm will become a global chemicals giant if Borouge and Borealis merge and Canada-based Nova is added to the ...

The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales ...

OMV AG (OMVJF ... high-tax regions. Oil and gas production volume decreased by 7% to 340,000 boe per day, impacted by natural decline and force majeure in Libya. The refining indicator margin ...

OMV AG (OMVJF ... influenced by profits from high-tax regions. Oil and gas production volume decreased by 7% to 340,000 boe per day, impacted by natural decline and force majeure in Libya. The ...

BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to high costs. The process, which involves the potential sale of a ...

OPEC producer Iraq has signed a contract to expand the oil refinery in the South-Central Al-Diwaniya city at a cost of around $800 million. Prime Minister Mohammed Al-Sudani said after the signing on ...

Europe’s Oil Market Flashes Price Weakness on Refinery Halts Major crudes in North Sea, Mediterranean markets fall sharply Light, sweet supply set to rise as new streams come online ...