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Vienna: OMV and Gazprom ink South Stream construction deal
Austria’s OMV and Russia’s gas giant Gazprom signed on June 24 an agreement envisaging the parties' cooperation in the construction of the South Stream gas pipeline, the Austrian section.
read more... 26/06/2014
Austria: personal gas aspirations aided to keep Russian pipeline safe
Gazprom's South Stream pipeline project has been saved by Austria last month in order to bring its own gas from the Black Sea, according to a source. This would be the first time the Russian gas exporter has consented to a rival’s gas access to its pipelines.
read more... 15/05/2014
Verbund: gas and coal plants to be mothballed or closed
Gas and coal-fired plants in Austria and France would be mothballed or closed by the Austrian utility Verbund after a year spent analyzing its alternatives, due to their unprofitability.
read more... 15/05/2014
EU ministers to call for a 2030 renewable target
A group of eight national energy and environment ministers has written a letter to Günther Oettinger, European commissioner for energy, and Connie Hedegaard, European commissioner for climate, calling for the European Commission to propose a new target for renewable energy for 2030. The letter is dated December 23 and was signed by ministers from Austria, Belgium, Denmark, France, Germany, Ireland, Italy and Portugal.
read more... 09/01/2014
Gazprom starts South Stream construction works in Bulgaria
Gazprom has started the construction of the Bulgarian section of the South Stream pipeline. The pipeline will go from Russia to Bulgaria through the Black Sea, and in Bulgaria it will divide in two, with the northern leg going through Serbia, Croatia, Hungary, and Slovenia to Austria and Northern Italy, while the southern leg going through Greece to Southern Italy.
read more... 04/11/2013