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Search resuls for: "Alexandra Schwarz-Goerlich"


3 mentions found


☆ OMV bets on more LNG from ADNOC, Q3 profit soars
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: +2 min
Like other European energy companies, OMV, which until the Ukraine war depended heavily on Russian oil and gas, is striving to diversify its supplies. "For us, it is important that we diversify the gas supply for Austria and this is a building block." High energy prices meant OMV (OMVV.VI), in which the Austrian state holds 31.5%, nearly doubled its core profit in the third quarter. For some years, OMV has been shifting its growth focus towards high-quality plastics such as polyethylene, polypropylene and PVC, from oil and gas. Mubadala, which also holds 24.9% in OMV, agreed to sell a remaining 25% stake in Borealis to ADNOC in April.
☆ Red Bull owner Dietrich Mateschitz dies aged 78
  + stars: | 2022-10-23 | by ( ) www.reuters.com   time to read: +3 min
Red Bull owner Dietrich Mateschitz (R) congratulates Red Bull Formula One driver Sebastian Vettel of Germany for winning the championship and the Abu Dhabi Grand Prix at the Yas Marina circuit November 14, 2010. REUTERS/Ahmed JadallahOct 22 (Reuters) - Dietrich Mateschitz, the Austrian billionaire founder and owner of energy drink company Red Bull, died on Saturday at the age 78 after a serious illness with cancer. The Styrian-born entrepreneur built a global empire around the energy drink Red Bull and was considered the richest man in Austria. The group achieved a turnover of 7.8 billion euros in 2021 and sold 9.8 billion Red Bull cans worldwide. Mateschitz was also the founder and owner of Red Bull Racing, a Formula 1 racing team based in Milton Keynes, Britain.
☆ Consortium including Aker, Trafigura offers to buy OMV's E&P unit -report
  + stars: | 2022-10-18 | by ( David Carnevali | Foo Yun Chee | ) www.reuters.com   time to read: +2 min
REUTERS/Denis Balibouse/File PhotoVIENNA, Oct 18 (Reuters) - A consortium including Norwegian energy group Aker has made an unsolicited offer to buy most of Austrian oil and gas firm OMV's exploration and production business, according to newspaper report on Tuesday which an industry source confirmed to Reuters. Register now for FREE unlimited access to Reuters.com RegisterAn industry source confirmed the consortium's expression of interest but identified Aker BP as the member rather than Aker ASA. OMV confirmed that it had received a letter expressing interest in its E&P business. The offer also did not include OMV's Romanian unit Petrom or E&P business in Russia, Kurier reported. The consortium estimated the value of the 51% stake in the E&P division at $5.5 billion to $7 billion, Kurier added.
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