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Gazprom and OMV sign agreement on assets sales

The Russian gas giant of Gazprom and the Austrian OMV company signed on Wednesday a basic agreement on the sales of assets following the talks between Russian President Vladimir Putin and Austrian Chancellor Sebastian Kurz, Gazprom said in a statement.

read more... 04/10/2018

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OMV closes divestment of Samsun power plant

Austria's OMV said that it closed the sale of MV Samsun Elektrik Uretim Sanayi ve Ticaret AS, (OMV Samsun Electric Production, Industry and Trade) - a natural gas combined cycle plant located in the Samsun province in Turkey's Black Sea region to Turkish Bilgin Enerji.

read more... 07/09/2018

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Italian natural gas imports from Switzerland pick up on higher demand from generators

Italian natural gas imports from Switzerland stepped up post maintenance on the back of stronger demand from power generators, according to S&P Global Platts Analytics data. LNG regasification edged higher too, while flows from Austria were capped by planned maintenance, the data show.

read more... 24/08/2018

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Austria's OMV stands by Iran project but no investment yet

Austrian energy group OMV is continuing with planned Iranian energy projects despite the United States’ withdrawal from a nuclear pact with Tehran, but said on Tuesday it had made no investments there yet.

read more... 23/05/2018

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EBRD to fund project that links South Gas Corridor with Western Europe

The European Bank for Reconstruction and Development (EBRD) is offering 60 million euros as a loan for the development of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA).

read more... 26/02/2018

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