- OID: 370681
- Archive number: MEDIA115398
- Title: OMV Strategy 2030 / Video DE
- Caption: OMV presents its Strategy 2030.
The firm has set out to transform itself into a sustainable fuels, chemicals, and materials company with a strong focus on circular economy solutions. Based on this new strategy representing the most fundamental strategic shift in the company’s history, OMV aims to become a net-zero emissions company by no later than 2050.
The Chemicals & Materials portfolio will be the growth engine of the company and is to be substantially strengthened, expanded, and diversified, with the aim to establish a globally leading position in circular economy solutions.
The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. In line with the aim to become a net-zero company, OMV will reduce its oil and gas production by around 20% by 2030 and will completely cease oil and gas production for energy use by 2050.
At the same time Exploration & Production will invest in geothermal energy and carbon capture and storage (CCS) leveraging existing assets and capabilities and contribute to a more sustainable society. - Duration: 00:01:58.314
- Copyright: © OMV Aktiengesellschaft
- Usage restrictions: Internal & external use (no commercial use)
- Format: MPEG-4
- File size: 293,952 KB
- KeywordsKeywords
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