Published: Thu 27 May 2004, 9:49 AM Updated: Thu 2 Apr 2015, 11:32 AM ...

Austria’s government is preparing for intense talks with Abu Dhabi over OMV AG, the biggest fossil fuel company in central Europe that’s pondering a future without Russian natural gas.

Austria's OMV has signed a deal worth $1.5 billion for a 20 percent stake in two offshore concessions in the United Arab Emirates' capital, Abu Dhabi.

Austrian oil producer OMV AG and Abu Dhabi National Oil Co. are set to sign a partnership deal later this month to produce oil from offshore fields in the Persian Gulf, according to people with ...

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 24.9% shareholding in Austrian oil and gas group OMV from Abu Dhabi state fund Mubadala Investment Company, two sources familiar with ...

While the Alpine country’s gas demand is covered this winter, secure supply chains still need to be built for the future, he said. Austria owns 31.5% of OMV, with Abu Dhabi holding 24.9%.