(OMV, 13.Jun.2024) — At its Capital Markets Day in London, OMV announced a new brand identity capturing the company’s ambition and significant progress towards becoming net-zero by 2050. In line with OMV’s Strategy 2030, the new brand identity embodies the purpose of re-inventing essentials for sustainable living, as it evolves […]
Tag: OMV
OMV Starts Co-processing Plant at Schwechat Refinery
(OMV, 10.Jun.2024) — OMV has started up its co-processing plant at the Schwechat refinery in Austria. Almost EUR 200mn have been invested to allow up to 160,000 metric tons of liquid biomass being converted into high-quality renewable hydrogenated vegetable oil components. These more sustainable blending components will be used also […]
Cheniere Inks Production Marketing Agreement with ARC Resources
(Cheniere Energy, 29.Nov.2023) — Cheniere Energy, Inc. (NYSE American: LNG) and Cheniere Energy Partners, LP (NYSE American: CQP) announced that Sabine Pass Liquefaction Stage V, LLC (SPL Stage 5) has entered into a long-term Integrated Production Marketing (IPM) gas supply agreement with ARC Resources U.S. Corp., a subsidiary of ARC […]
Equinor and OMV Agree to New Long-term Gas Sales Deal
(Equinor, 27.Sep.2023) — Equinor has signed a new long-term gas sales agreement with Austria’s major energy company OMV. The agreement is for 5 years starting 1 October this year and with an annual volume of 12 TWh. The gas will be delivered at Germany’s virtual trading hub THE (Trading Hub […]
OMV Secures Additional Gas Transport Capacities Until 2028
(OMV, 5.Jul.2023) — OMV secured additional European gas transport capacities to Austria. In this year’s annual auction, OMV was awarded capacities of around 40 TWh p.a. for the period between October 2023 to September 2026, and around 20 TWh p.a. for the period between October 2026 to September 2028. The border […]
![Can We Bury Carbon? [VIDEO]](https://energy-analytics-institute.org/wp-content/uploads/2023/07/Screen-Shot-2023-07-09-at-8.51.43-AM.png)
Can We Bury Carbon? [VIDEO]
(OMW, 27.Jun.2023) — What if we could mitigate the effects of global warming by trapping greenhouse gases at their source and putting them deep underground so they never get into the atmosphere? Well, it turns out we can. The technology is called Carbon Capture and Storage (CCS). Olivier Point, geoscientist and senior […]
Aker BP and OMV Awarded Licence for CCS in Norwegian Continental Shelf
(Aker BP ASA, 31.Mar.2023) — Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) and OMV (Norge) AS have entered into a collaboration agreement for carbon capture and storage (CCS) and have been awarded a licence in accordance with the CO2 Storage Regulations on the Norwegian Continental Shelf (NCS). RELATED: Award of two […]
Award of Two New CO2 Storage Licences on the Norwegian Continental Shelf
(Les pĂĄ norsk, 31.Mar.023) — Today the Norwegian Ministry of Petroleum and Energy publishes offers for two new exploration licences related to CO2 storage under the storage regulations on the Norwegian continental shelf in the North Sea. — The establishment of commercial capture and storage of CO2 is imporant for the […]
Adjusted Plan for Final Four Hywind Tampen Turbines
(Equinor, 13.Jul.2022) — The seven first Hywind Tampen turbines will come on stream this year as planned. The final four will be installed next spring. Supply chain bottlenecks, most notably related to the global market for steel, preclude delivery of the final four tower sections for the wind turbines until […]