25 April 2024
OMV sees profits plunge
Publication date: 12 August 2014
Gas Strategies Group
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EC4A 4AD
ISSN: 0964-8496
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Anarchy in Libya, poor refining margins and a challenging gas and power market in Europe led Austria’s OMV to a 57% fall in net income in the first half of the year, down to €433 million ($578 million) from over €1 billion in the first half of 2013.