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
After an explosion at a main gas hub near Vienna, Europe might deal with gas shortages.
read more... 13/12/2017
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
Austria launches special high-altitude wind farm
read more... 25/10/2017
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