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OMV puts up for sale a 30% stake in UK North Sea Rosebank project

Austrian oil and gas company OMV envisage selling a 30% stake in the Rosebank oil and gas project in the British North Sea, as it aims cutting its budget to struggle with weakening oil prices.

read more... 30/07/2015

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Verbund increases 2015 profit estimation, close to grid settlement

Austrian hydropower supplier Verbund increased its 2015 earnings forecast on Thursday, declaring it was close to an accord over sharing power grid costs with other Austrian utilities.

read more... 13/07/2015

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Austria files a legal challenge against Hinkley C nuclear power station in the UK

Austria, the non-nuclear nation, has filed a legal challenge at the European Court of Justice against £17.6bn EU-granted state subsidies for a new nuclear power plant in Britain, according to government officials.

read more... 08/07/2015

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Vestas intends to supply 33MW in Austria

Vestas intends to supply Betriebs with 10 V126 3.3MW turbines for the 33MW wind project Hohenruppersdorf II in Austria.

read more... 05/05/2015

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OMV, Gazprom modify gas supply contract stipulations

Austrian energy conglomerate OMV and Russian natural gas exporter Gazprom have decided to modify a long-term deal for gas supplies, as stated by OMV on Wednesday, but no more details have been disclosed.

read more... 29/01/2015

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