OMVJF News and Press, OMV Aktiengesellschaft From 11/29/20

Construction work is set to resume later this week on the Nord Stream 2 gas pipeline after being stopped for a year because of U.S. sanctions designed to end the pipeline that will bring Russian gas to Germany.Nord Stream 2 says undersea pipe-laying work will resume on a 2.6-km section of eac...

The following slide deck was published by OMV Aktiengesellschaft in conjunction with this event. For further details see: OMV (OMVKY) Presents At Bank of America Merrill Lynch Global energy Conference 2020 - Slideshow

U.S. House and Senate negotiators have reached an agreement to include additional sanctions against the Nord Stream 2 gas pipeline between Russia and Germany in a must-pass defense bill, Bloomberg reports.The sanctions reportedly would target insurance and certification companies that wo...

OMV Aktiengesellschaft (OMVJF) Q3 2020 Earnings Conference Call October 29, 2020 05:00 AM ET Company Participants Florian Greger - Head of Investor Relations Rainer Seele - Chairman & Chief Executive Officer Reinhard Florey - Chief Financial Officer Conference Call Participants Alwyn Thom...

The following slide deck was published by OMV Aktiengesellschaft in conjunction with their 2020 Q3 earnings call. For further details see: OMV Aktiengesellschaft 2020 Q3 - Results - Earnings Call Presentation

The U.S. State Department has broadened the scope of sanctions targeting the Gazprom-led (OGZPY) Nord Stream 2 gas pipeline project, which is 100 miles short of completion beneath the Baltic Sea between Russia and Germany.New State Department guidelines expand upon last year's measure, saying...

Poland's antitrust agency slaps a $7.6B fine on Gazprom (OGZPY) for building the Nord Stream 2 gas pipeline to Germany, saying the project hurts Polish consumers and increases Europe’s dependence on Russian imports.The pipeline may lead to "serious consequences for Poland's and the EU'...

The Danish Energy Agency gives the Gazprom-led (OGZPY) Nord Stream 2 consortium permission to operate its Baltic Sea natural gas pipeline on the Danish continental shelf."The permit has been granted on a number of conditions to ensure a safe operation of the pipelines," and commissioning of t...

The world's largest group of shipping insurers will not insure vessels involved in the Gazprom-led (OGZPY) Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.Associations belonging to the International Group of P&I Clubs, including the Shipowners Cl...

Stock price and stock overview OMV Aktiengesellschaft's (OMVKY) (OMVJF) stock is still down 50% from the November 2019 peak. I find it always incredible how the market can't grasp the cyclical nature of oil stocks pushing them to sky-high valuations in good years and punishing them in bad ...