OMV Posts €1.7B Earnings and Sets Borouge-Linked Dividend Plan
OMV reported adjusted CCS operating earnings of EUR 1.7 billion in Q2 2026, underscoring its continued reliance on conventional oil and gas while Neptun Alpha in the Romanian Black Sea advances. The offshore platform is installed with six of ten wells drilled and 160 km of pipeline laid. From 2026 it plans dividends covering 50% of Borouge stake payouts plus 20–30% of adjusted operating cash flow, with first payment in 2027 subject to execution.