Increased European Gas Prices
European gas prices averaged EUR 36 per megawatt hour, a 16% increase from the same quarter in 2024.
Strategic Progress in Borouge Group International
Secured foreign direct investment approval in Austria and merger control clearance in the EU and China.
Investment in Green Hydrogen Plant
OMV announced a significant investment in a new flagship green hydrogen plant in Austria with a production capacity of up to 140 megawatts.
Chemical Segment Performance
The clean operating result of Chemicals increased to EUR 200 million, supported by improved olefin indicator margins and higher sales volumes.
Strong Cash Position
OMV ended the quarter with a cash position of EUR 6 billion and EUR 4.2 billion in undrawn committed credit facilities.