OMV Group

Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid US sanctions conta(...)

Lubmin is a picturesque resort on Germany’s Baltic Sea coast that boasts a long stretch of sandy beach bordered by soft dunes and a lush pine forest. (...)

European shares eased on Friday as investors took profits, but sealed their strongest week since December as political worries subsided and brokers fo(...)

Siccar Point Energy, a company backed by Blackstone, the US private equity group, has agreed to pay up to $1 billion for the North Sea assets of Austr(...)

The dollar bounced back from four-month lows, while Greek bond yields jumped on worries the country would not be able to make its debt payments.Wall (...)

Chevron, the US oil group, has raised doubts if it will proceed with its £6 billion (€7bn) Rosebank oil project 130km west of the Shetland Islands, a (...)

Norway’s Statoil sold stakes in North Sea oil fields to Austria’s OMV yesterday, in a €2 billion deal, giving the former cash to develop new projects (...)

OMV, the biggest central European energy company, paid $2.65 billion (€2bn) to Statoil in its largest deal on record for stakes in four North Sea o(...)