Latest news
OMV Petrom gets E&P license for Georgian Black Sea perimeter
Georgia’s Oil and Gas Agency has granted oil and gas exploration and extraction licenses to Romanian oil company OMV Petrom, a member of the Austrian OMV Group, Bm.ge reported.
read more... 29/06/2020
Austria shuts down last coal-fired power plant
Austria, an Alpine nation with no significant fossil fuel reserves of its own, still has more than a dozen power plants burning gas and oil.
read more... 16/06/2020
Europe is getting off coal even faster than expected
Across Europe, countries are making strides toward a fossil-free future. In April, Austria and Sweden closed their last coal plants—the latter nearly two years ahead of schedule—officially eliminating coal from their countries’ energy production.
read more... 11/05/2020
Austria shuts down last coal-fired power plant
Austria has shut down its last coal-fired power plant as part of a plan to end the use of fossil fuels for energy production by 2030.
read more... 20/04/2020
OMV in talks with UAE's Mubadala over $4.7bn Borealis stake
Austria’s OMV is in talks to buy a $4.68 billion stake in Borealis in a potentially record-breaking acquisition that would shift the state-controlled energy company’s focus to petrochemicals.
read more... 09/03/2020