Latest news
Romania's Transgaz to start works on Black Sea - Podisor gas pipeline project
Romanian gas transmission company Transgaz said it has obtained the right to start the works for construction of a pipeline linking the country's Black Sea shore to the national transmission system and BRUA - the pipeline running from Bulgaria to Romania, Hungary and Austria.
read more... 08/05/2019
Romania’s Transgaz gets EUR 138 mln loans from EIB for key pipeline projects
Romania’s natural gas transport company Transgaz announced on January 25 that it sealed the documents for a EUR 100 million loan from the European Investment Bank (EIB) for bringing Black Sea offshore gas to the BRUA (Bulgaria-Romania-Hungary-Austria) pipeline and the national gas system.
read more... 29/01/2019
OMV in plans for $6bn initial spend to develop Norway oil discovery
Austria's OMV and partners plan to invest up to $6 billion initially to develop the Arctic Wisting oil find, Norway's northernmost oil discovery, which could start production within a decade, a senior executive said on Wednesday.
read more... 17/01/2019
Gazprom to boost gas supplies to Austria by 1 bln cubic meters per year
The document was signed at a working meeting between Gazprom CEO Alexei Miller and OMV CEO Rainer Seele in St. Petersburg
read more... 05/11/2018
Austria's Verbund Hydro Power sign memo on cooperation
Romanian majority state-owned hydro power producer Hidroelectrica said it has signed a memorandum of cooperation with Austrian utility Verbund Hydro Power.
read more... 25/10/2018