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Vienna International Energy Industry News
Read the latest headlines about developments in the international energy industry in Vienna and Austria
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Power International Limited continues legal battle with Meinl Bank
The former company Meinl Power International Limited PI (PI) seeks to pursue its litigation with Meinl Bank.
June 22, 2010
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Energy ten percent more expensive
Fuel prices have risen strongly again, oil is more expensive by a third, but gas is cheaper than a year ago.
June 22, 2010
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Power International Limited - AGM approves all resolutions
All proposed resolutions on the agenda of the Annual General Meeting (AGM) of PI Power International Limited (PI) held today, Tuesday, in Vienna, were approved by a majority of about 99%.
June 22, 2010
OMV shows interest in Dana Petroleum
Shares of British oil and gas group increasingly gaining according to rumours.
June 21, 2010
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Liquid-gas-project in Croatia delayed
The liquid-gas-project in Croatia, Adria LNG, in which OMV is involved with about one third will be postponed for at least three years.
June 21, 2010
Green power - competition for new wind turbines
The increase in wind power subsidies triggers a construction boom. The subsidy pots for three and a half years are already allocated.
June 17, 2010
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Gazprom plans to enter Slovakian market
The gas company will take over the subsidiary Energo Vemex in Slovakia.
June 16, 2010
Wolfgang Hesoun is new head of Siemens - Porr boss succeeds Brigitte Ederer
On Wednesday the Supervisory Board of Siemens Austria will decide on the new head of the company.
June 15, 2010
Andritz to supply electromechanical equipment for Ilisu hydropower station, Turkey
International technology Group Andritz will supply electromechanical equipment with a total value of approximately 340 MEUR as part of the construction of the Ilisu hydropower station in Turkey.
June 15, 2010
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OMV could be an accomplice in war crimes and crimes against humanity
OMV produced oil from 1997 to 2003 in sector 5A in Sudan. The current report of the European Coalition on Oil in Sudan (ECOS) provides new evidence that there is a direct link between oil production and the intensification of the conflict.
June 14, 2010
OMV remains Austria's largest company
OMV leads the current list of the 500 most profitable companies, despite registering a loss of revenue.
June 14, 2010
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AE&E scores a contract over EUR 20 million
The AE&E Group will supply three heat recovery steam generators for a new industrial combined cycle power plant in Stade a North German town, Lower Saxony.
June 11, 2010
EVN scores a gas deal in Croatia
A new gas pipeline built by Austrian energy provider EVN will provide thousands of Croats.
June 2, 2010
C.A.T. Oil AG further improves profitability and earnings under abnormally harsh weather conditions
C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of oil and gas field services in Russia and Kazakhstan, today has published its results for the first quarter 2010.
May 31, 2010
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BWT AG - AGM agrees on all items of the agenda
The AGM of BWT Aktiengesellschaft passed all items of the agenda. The dividend was raised to EUR 0.40 per share after EUR 0.38 last year and will be discounted on May 31st and paid on June 2nd.
May 26, 2010
Siemens VAI Expands in China and India
Upper Austrian Siemens VAI wants to radically expand its activities in China and India.
May 25, 2010
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CEE oil & gas - MOL releases Q1 2010 financial results
The Hungarian-based MOL, one of the largest integrated oil and gas companies in Central and Eastern Europe, today posted its Q1 2010 unaudited financial results.
May 21, 2010
OMV to retreat from Russia
Austrian mineral oil company OMV wants to focus on Asia and therefore completely retreats its activity from Russia.
May 20, 2010
ÖAMTC - oil price are at September 2009 rates but fuel prices are 17 cents higher
Oil prices are decreasing in price however fuel prices are rapidly increasing. Crude oil prices are at levels of September 2009. At the time average prices for diesel were at €0.953 while “Super” was sold at €1.051.
May 19, 2010
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Verbund to expand in Turkey
The subsidiary of Verbund and Sabanci Holding wants to bid on privatization auction of electricity networks in Turkey.
May 18, 2010
C.A.T. Oil AG - dividend announcement
The annual general meeting of shareholders of the company held on 18 June 2010, resolved to distribute dividends in the amount of €0.30 per eligible share for the fiscal year 2009.
May 18, 2010
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