Latest news
Austrian power prices to increase by 15% in case of split from German market
The Austrian power prices could increase if the European energy regulator ACER decides in November to split Austrian and German power markets, which have been bundled together since 2002, stated the head of Austria's energy regulator.
read more... 19/10/2016
Tesla provider in Austria develops in US to supply solar industry
The Austrian firm providing Tesla Motors Inc. with the technology it requires to turn sunshine into power is developing in the U.S. to capitalize on growth in the solar industry.
read more... 23/08/2016
Gas Connect Austria to fetch interest from at least three bidders for a 49% stake
Three bidders including Italy's Snam , Australia's Macquarie and Czech energy group EPH are considering placing bids for a 49 percent stake in pipeline company Gas Connect Austria.
read more... 27/07/2016
Austria: Habau will accomplish Bulgaria-Romania gas pipeline
The state gas network operators of Bulgaria and Romania have inked an agreement with Austrian construction company Habau to accomplish a postponed interconnector connecting the two Balkan nations which is intended at reducing Bulgaria's reliance on Russian gas imports.
read more... 07/04/2016
Austria’s OMV to be hit with charges of €1bln due to a collapse in oil prices
Austria’s OMV has revised its oil price assumption for next years and decided to take special charges in the third quarter of the year of around €1billion ($1.1 billion) in its upstream business.
read more... 19/10/2015