OMV says it will stop oil and gas production by 2050 in transformation to net-zero
Green Car Congress
MARCH 26, 2022
Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. The company can build on a strong position.
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