“UPskilling - Energy skills for net-zero” - why training is at the core of our net-zero mission
As we transform our business to meet our sustainable goals, our workforce is at the heart of the shift. Training gives them the tools they need to continue excelling, today and tomorrow.
Less waste, more future: Sort, recycle, repeat
Exciting new business models tend to arise in pursuit of a circular economy. For our transformation to succeed, we need reliable partners by our side: We have teamed up with a leading waste management and sorting company to build an innovative ...
Demystifying Green Hydrogen
The solution to decarbonization or a drain on resources? Too expensive or great value for money? Let’s debunk the myths and explore the facts around green hydrogen.
The road to net zero: overcoming the challenges of setting climate targets
Providing goals or targets gives us something tangible to aim for and achieve as we fight for the future of people and the planet. They’re a challenge, but one we must meet head on.
Unlocking the Earth's potential: 5 facts about geothermal energy
By tapping into the heat that lies beneath the Earth’s surface, we can make a vital contribution to a healthier planet. Here’s how. Many of us will remember the excitement of studying volcanoes in school: learning how rocks can reach ...
Delivering progress, now and into the future
In this insightful interview, Andreas Leitner, Senior Vice President of Innovation & Technology at OMV, outlines the company's ambitious innovation strategy to drive its sustainability transformation.
Could sustainable fuels bridge the gap to zero-carbon road travel?
Road travel is essential to modern life. It’s how many of us get to work and take our kids to school. It’s how everyday goods we take for granted are delivered to our homes and local supermarkets.
Is sustainable aviation fuel the key to decarbonizing aviation?
Since 1903, when the Wright brothers launched their brief but historic first flight, air travel has revolutionized the way we connect across vast distances. Today, way over 100,000 flights carry passengers and freight around the world every ...
Innovating for efficiency
Why improving our current infrastructure is key to building a more sustainable future. While renewable energy and electric vehicles grab the headlines, our often-overlooked infrastructure is crucial for a sustainable future. By upgrading our pipes ...
Forward for Good: The meaning behind OMV’s new brand identity
Our world is changing, and at OMV we're changing with it. Now, as we embark on a fundamental transformation of our business, we're refreshing our brand identity to reflect our dedication to a more sustainable, circular future.
From geothermal to CCS: how AI is powering our journey to net-zero
From drilling to decision-making, AI is helping us maximize efficiency and unlock a cleaner future for everyone.
OMV successfully receives arbitral award in relation to its German gas supplies from Gazprom Export
OMV’s arbitration proceedings against Gazprom Export under ICC rules concluded with an award on November 13, 2024 OMV is taking steps to recover damages from Gazprom Export based on this arbitral award of EUR 230 mn plus interest and ...
OMV secures long-term supply of 67 GWh green electricity per year
VERBUND and ImWind will supply OMV with sustainable electricity comprising 65% hydropower and 35% wind These partnerships for renewable energy enable OMV to cover over 35% of the external energy requirements at the Schwechat refinery and the ...
OMV records Group Sales of EUR 8.6 bn with continuously strong Cash Flow in Q3 2024 amid challenging market environment
Clean CCS Operating Result at EUR 1.1 bn due to a lower contribution from Fuels & Feedstock and Energy, partially offset by higher results in Chemicals Cash Flow from Operating Activities strong at EUR 1.4 bn at 20% higher than in Q2 ...
Preparations are being made to start drilling for the first deep geothermal plant in Vienna
OMV and Wien Energie are carrying out geothermal drilling in the deeep joint venture Drilling to start in winter 2024/2025 Climate-neutral district heating from deep geothermal energy for up to 20,000 Viennese households from 2028 Potential ...
OMV announces gas discovery in the Norwegian Sea
OMV successfully completes drilling of a deepwater exploration well in the Norwegian Sea with an excellent safety performance Preliminary estimated total recoverable volumes up to 140 million barrels of oil equivalent (mn boe) OMV (Norge) ...
Borealis and E-Fuels Leader Infinium to Turn Carbon Emissions into Plastics
New Infinium eNaphtha to serve as sustainable feedstock alternative for plastics used to manufacture consumer goods.
Clariant and OMV aim to reduce carbon footprint of ethylene and ethylene oxide derivatives
Clariant and OMV sign a letter of intent to accelerate the transition towards renewable carbon in the European ethylene supply chain Clariant will grow its bio-based ethylene oxide derivatives portfolio with renewable low-carbon footprint ...
OMV secures additional gas pipeline capacities until 2029
Additional 29 TWh of gas pipeline capacities for the period 2026 to 2029 OMV plans to increase use of pipeline from Germany for gas imports OMV today announced another milestone in its ongoing diversification of gas supply sources and ...
OMV records higher result in second quarter 2024
Clean CCS Operating Result of EUR 1.2 bn up by 4% driven by Chemicals and Fuels & Feedstock segments vs. Q2/2023 Operating Cash Flow rises strongly to EUR 1.2 bn vs. Q2/2023 Chemicals results positively impacted by inventory effects and a ...
Reinhard Florey reappointed as OMV CFO until June 30, 2027
Vienna, June 27, 2024 - The Supervisory Board of OMV AG has reappointed Reinhard Florey as Chief Financial Officer. His current term of office has been extended by two years until June 30, 2027. Florey has been serving as Chief Financial ...
OMV Capital Markets Day: Strategy 2030 delivers financial strength and enables responsible transformation
Integrated business model continues to deliver strong operating earnings, cash flow and attractive dividends 2030 Targets Increased: Clean CCS Operating Result EUR ≥6.5 bn and Cash Flow from Operating Activities EUR ≥7.5 bn Capital ...