OMV raises 2026 capital spending forecast to EUR 3.5 billion

By Public Technologies
  • OMV raised its 2026 capital expenditure forecast to EUR 3.5 billion, slightly above initial guidance, driven by accelerated Neptun Deep development.
  • Dated Brent is now forecast above USD 95 per barrel; production is expected around 290,000 barrels of oil equivalent per day.
  • Average THE gas prices are expected above EUR 55 per megawatt-hour, with realized gas prices around EUR 45 per megawatt-hour.
  • The refining indicator margin forecast rose to around USD 25 per barrel; refinery utilization is expected to remain above 90%.
  • Borouge International's fourth-quarter performance should improve notably, supported by recovering polyolefin prices, higher utilization and initial integration synergies.


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