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Qatargas inks a 5-year LNG agreement with Austrian OMV

Qatargas and OMV inked a deal to provide 1.1 million tonnes of LNG annually to the Austrian company for the next five years.

read more... 21/12/2017

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Italy declares state of emergency following a gas blast in Austria

After an explosion at a main gas hub near Vienna, Europe might deal with gas shortages.

read more... 13/12/2017

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Daily (13.12.2017): European power prices hit contract peaks on Tuesday, after a blast at an Austrian gas hub

Oil prices declined sharply on Tuesday, as traders took profits after prices increased tto a two-year peak on an unscheduled closure of the pipeline that carries the largest North Sea crude oil grade. Brent crude settled down $1.35, or 2.1 percent, at $63.34 a barrel. U.S. crude ended at $57.14 a barrel, or 1.5 percent lower.

read more... 13/12/2017

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Austria launches special high-altitude wind farm

Austria launches special high-altitude wind farm

read more... 25/10/2017

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Russian project will lack EU financing in consequence of US sanctions

The Austrian OMV CEO stated that US sanctions will have a serious impact on big Russian projects. OMV is one of the investors in the Nord Stream-2 trans-Baltic gas pipeline project.

read more... 14/09/2017

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