Uploaded July 2022 | Updated September 2026, 1 hour ago
omv.com/en/news/220728-omv-group-report-january-june-and-q2-2022
In the first 6 months of 2022, OMV achieved a Clean CCS Operating Result of 5 point 6 billion euros.
In a favorable market environment, OMV’s integrated business model from the wellhead to high-quality chemical solutions proved again as a positive contributing factor.
The Chemicals and Materials segment held steady at a high level and generated nearly 1.2 billion euros.
In the Refining and Marketing segment, OMV achieved a steep jump to 1.1 billion euros. Although the retail result took a significant hit, positive market effects and a strong Gas & Power eastern Europe performance supported this result. The contribution of ADNOC Refining & Trading grew significantly, mainly as a result of higher refining margins and further efficiency improvements by ADNOC Refining.
Exploration and Production surged to a half-year result of roughly 3.4 billion euros driven by a favorable market environment.
The new Strategy 2030 is set to transform OMV into a global leader in circular economy solutions. A long-term process has been kicked off that will transform OMV’s value chain from a linear to a circular model. Turning OMV into a sustainable business is a key strategic priority.
But there are also other challenges that require quick, decisive and forward-looking solutions. Contributing to the security of supply in these turbulent times is an important element of OMV’s strategy.
Here, OMV achieved a decisive milestone in diversifying natural gas supply for the upcoming gas year. By securing additional pipeline capacities OMV is able to cover all its delivery obligations in Austria, equaling almost half of Austria’s annual demand.
This highlights OMV’s strength and unwavering determination to adapt to new realities with strong leadership that ensures trust in our commitment to drive change.
Find more information here omv.com/en/news/220728-omv-group-report-january-june-and-q2-2022
0:00 Intro
0:06 Clean CCS Operating Result
0:29 Clean Operating Result Chemicals & Materials
0:37 Chemicals & Materials key performance indicators
1:06 Clean CCS Operating Result Refining & Marketing
1:34 Refining & Marketing key performance indicators
2:02 Incident in the OMV Schwechat Refinery
2:52 Refining & Marketing key performance indicators
3:04 Clean Operating Result Exploration & Production
3:16 Macroeconomic Environment
3:30 Exploration & Production key performance indicators
4:07 Outlook
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Subscribe to the OMV YouTube Channel: youtube.com/OMV
Follow our Blog: blog.omv.com
Follow us on Instagram: instagram.com/omv
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omv.com/en/news/220728-omv-group-report-january-june-and-q2-2022
In the first 6 months of 2022, OMV achieved a Clean CCS Operating Result of 5 point 6 billion euros.
In a favorable market environment, OMV’s integrated business model from the wellhead to high-quality chemical solutions proved again as a positive contributing factor.
The Chemicals and Materials segment held steady at a high level and generated nearly 1.2 billion euros.
In the Refining and Marketing segment, OMV achieved a steep jump to 1.1 billion euros. Although the retail result took a significant hit, positive market effects and a strong Gas & Power eastern Europe performance supported this result. The contribution of ADNOC Refining & Trading grew significantly, mainly as a result of higher refining margins and further efficiency improvements by ADNOC Refining.
Exploration and Production surged to a half-year result of roughly 3.4 billion euros driven by a favorable market environment.
The new Strategy 2030 is set to transform OMV into a global leader in circular economy solutions. A long-term process has been kicked off that will transform OMV’s value chain from a linear to a circular model. Turning OMV into a sustainable business is a key strategic priority.
But there are also other challenges that require quick, decisive and forward-looking solutions. Contributing to the security of supply in these turbulent times is an important element of OMV’s strategy.
Here, OMV achieved a decisive milestone in diversifying natural gas supply for the upcoming gas year. By securing additional pipeline capacities OMV is able to cover all its delivery obligations in Austria, equaling almost half of Austria’s annual demand.
This highlights OMV’s strength and unwavering determination to adapt to new realities with strong leadership that ensures trust in our commitment to drive change.
Find more information here omv.com/en/news/220728-omv-group-report-january-june-and-q2-2022
0:00 Intro
0:06 Clean CCS Operating Result
0:29 Clean Operating Result Chemicals & Materials
0:37 Chemicals & Materials key performance indicators
1:06 Clean CCS Operating Result Refining & Marketing
1:34 Refining & Marketing key performance indicators
2:02 Incident in the OMV Schwechat Refinery
2:52 Refining & Marketing key performance indicators
3:04 Clean Operating Result Exploration & Production
3:16 Macroeconomic Environment
3:30 Exploration & Production key performance indicators
4:07 Outlook
------------------------------------------------------------
Subscribe to the OMV YouTube Channel: youtube.com/OMV
Follow our Blog: blog.omv.com
Follow us on Instagram: instagram.com/omv
Follow us on Facebook: facebook.com/omv
Follow us on LinkedIn: linkedin.com/company/omv
Follow us on Twitter: twitter.com/omv
Follow us on XING: xing.com/company/omv
