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Austria Overview

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TE H2, VERBUND partner on green hydrogen project in Tunisia
NEWS
Tunisia - May 28, 2024

TotalEnergies-EREN Groupe joint venture TE H2 has partnered with Austrian electricity player VERBUND on a green hydrogen project…

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Verkor secures €1.3 billion for battery gigafactory
NEWS
France - May 27, 2024

Verkor has secured €1.3 billion in green financing for its battery gigafactory in Dunkirk.

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Oman’s PDO leads in production and decarbonisation Steve-PHIMISTER
Interview
Oman - April 27, 2023

Steve Phimister, managing director of Petroleum Development Oman (PDO), talks to The Energy Year about the company’s production goals and strategy to lead Oman’s…

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ADNOC signs MoU with Austria for LNG trade
NEWS
Abu Dhabi - October 28, 2022

OMV has signed an MoU with ADNOC to explore LNG deliveries from the UAE to Austria, the Austrian integrated oil and gas company announced on Thursday.

The initial…

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Oil up as OPEC members pledge to extend cuts
NEWS
Austria - July 01, 2019

Oil was up more than 2% this morning as OPEC met in Vienna following announcements from Saudi Arabia, Russia, Iraq and Iran that their leaders would agree to extend…

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Oil up on OPEC supply cut expectations
NEWS
Multinational - November 19, 2018

Oil prices edged up on Monday morning in Asia amid expectations that de-facto OPEC leader Saudi Arabia will urge the organization and its allies to slash supply to…

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Mubadala Investment’s board named
NEWS
Abu Dhabi - January 23, 2017

On Saturday, the government of Abu Dhabi announced the names of the new board members for the USD 125 billion company being formed as a result of the merger of Mubadala…

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Abu Dhabi to merge investment funds
NEWS
Abu Dhabi - June 29, 2016

Crown Prince Mohamed bin Zayed on Wednesday issued a resolution for the establishment of a joint committee that is to oversee the merger of Abu Dhabi’s two investment…

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OMV records loss in Q4
NEWS
Austria - January 29, 2016

OMV recorded around €1.5 billion in write-downs in its upstream ventures and €300 million in downstream operations in Q4, the Austrian oil and gas group reported…

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OPEC unlikely to curb production
NEWS
Austria - December 04, 2015

Oil prices fell on Friday after sources said OPEC looked unlikely to take steps to cut oil production in in order to retain market share and raise its output…

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