OMV Aktiengesellschaft is a leading European integrated energy and chemicals group based in Austria. The company operates through three primary business segments: Energy, Fuels & Feedstock, and Chemicals & Materials. The Energy segment encompasses the exploration and production of oil and gas, primarily focused on Central and Eastern Europe, the North Sea, the Middle East, and Africa, as well as natural gas marketing and low-carbon business initiatives like geothermal energy and carbon capture. The Fuels & Feedstock segment operates refineries in Austria, Germany, and Romania with a combined capacity of approximately 500,000 barrels per day, and manages a retail network of around 1,800 filling stations across Central Europe. The Chemicals & Materials segment, significantly bolstered by its majority stake in Borealis, makes OMV one of the world's leading providers of advanced and circular polyolefin solutions and base chemicals. In recent years, OMV has strategically pivoted toward sustainability, aiming to achieve net-zero greenhouse gas emissions by 2050 and heavily investing in renewable energy, green hydrogen, and plastics recycling. The company's shareholder structure includes the Austrian state holding company ÖBAG and the Abu Dhabi National Oil Company (ADNOC) as key strategic investors.
