OMV AG (OMVV.VI)
Wed, Oct 10 2018
* Q3 refinery utilization rate at 98 pct (Adds refining data, third-quarter forecast, quote)
VIENNA Plastics maker Borealis, owned by Abu Dhabi state fund Mubadala [MUDEV.UL] and energy group OMV, said on Sunday it will build a 1 billion euro ($1.2 billion) plant in Belgium to boost its capacity to produce polypropylene in Europe.
VIENNA, Oct 7 Plastics maker Borealis, owned by Abu Dhabi state fund Mubadala and energy group OMV , said on Sunday it will build a 1 billion euro ($1.2 billion) plant in Belgium to boost its capacity to produce polypropylene in Europe.
VIENNA Austrian energy group OMV said it had agreed to buy Siberian gas assets from Gazprom instead of swapping them for some of its own assets, giving in to opposition from Norway to the initial plans.
* Gazprom was keen on North Sea know-how (Adds details, background, quotes)
* Companies have agreed to continue talks on an exclusive basis
KUALA LUMPUR, Sept 12 Malaysian oil and gas company Sapura Energy Bhd said on Wednesday it would sell a 50 percent stake in its production business to Austria's OMV Aktiengesellschaft (OMV AG) in a deal valued at $1.6 billion.
VIENNA Austrian oil and gas group OMV plans to expand its exploration business with an acquisition in Southeast Asia by the end of the year, in line with its strategy to grow in low-cost markets outside Europe, its upstream chief told Reuters.
VIENNA OMV will seek talks with Norway about the Austrian energy group's planned asset swap deal with Gazprom in order to address Oslo's concerns, the chief executive said.
VIENNA Austrian gas and oil group OMV has agreed to sell its gas power plant Samsun in Turkey to Turkish investment company Bilgin Enerji, pulling out of electricity generation in the country.