Saturday 23 May 2015
 
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OMV

Abu Dhabi IPIC 'not eyeing OMV stake'

Abu Dhabi's International Petroleum Investment Company (IPIC), which has a 64 per cent stake in plastics products maker Borealis, is not in talks to buy Austrian energy company OMV's 36 per cent stake, said a top official.

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Abu Dhabi IPIC 'not eyeing OMV stake'

Abu Dhabi's International Petroleum Investment Company (IPIC), which has a 64 per cent stake in plastics products maker Borealis, is not in talks to buy Austrian energy company OMV's 36 per cent stake, said a top official.

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OMV aims to boost Yemen output to 30,000 bpd if conditions allow

Austrian energy group OMV wants to boost its oil output from Yemen by half if conditions allow, a senior executive told Reuters.   Erwin Kroell, senior vice presiden

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Abu Dhabi IPIC happy with OMV stake, in for long term

Abu Dhabi's IPIC sovereign wealth fund is happy with its nearly 25 per cent stake in Austrian energy group OMV and will remain an investor for the long haul, said its senior official. "OMV is in good shape so we are quite

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Gazprom in talks to buy Abu Dhabi's OMV stake

Russia's Gazprom is in talks to buy Abu Dhabi's 24.9 percent stake in Austrian oil and gas firm OMV, a source familiar with the talks told Reuters on Thursday. "Talks were held but they have yet to decide on pricing,&

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Iran oil minister meets OMV, other firms

Iran's Oil Minister Bijan Zanganeh said he had met on Wednesday with Austrian oil and gas group OMV and other foreign oil companies as Tehran prepares to offer oilfields, projects and its final investment contract in November.

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Libya oil production about 70pc of normal: OMV

Austrian oil and gas group OMV is producing at about 70 per cent of normal levels in Libya, the company's head of exploration and production, Jaap Huijskes, said on Wednesday. Libya accounted for about 10 per cent of OMV's

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OMV happy with Libya oil recovery

Austrian oil and gas group OMV's production in Libya has recovered sufficiently to support its full-year output target if it continues at current levels, its chief executive said. Gerhard Roiss said production in the war-torn

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OMV makes 1st oil discovery in Libya post-uprising

Austria's OMV said it had struck oil in Libya in the first new discovery for the company and its partners since the revolution in 2011, as it sticks by a long-term bet on the country despite recent civil strife and disruption.

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OMV to stay in Libya despite production loss

Austrian oil and gas group OMV is committed to Libya despite conflict that has disrupted production and caused some oil majors to abandon projects there, its chief executive said. Gerhard Roiss said production lost in Libya in the

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