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Further Nationalizations in Hungary?
In order to acquire further foreign-owned bank and energy companies, Hungary issues new sovereign bonds.
September 23, 2013
Nabucco: Decision Will Be Announced by Mid-2013
The Shah Deniz II consortium will announce its decision on the pipeline project in June, Nabucco´s CEO Reinhard Mitschek says.
January 21, 2013
New Hope for Nabucco
The gas pipeline project is said to get a new major shareholder. In case of the entry of the Shah Deniz II consortium, Nabucco´s utilization would be secured.
December 22, 2012
OMV and RWE Talk About Stakes in Nabucco
The German energy group plans sells its shares to Austrian OMV. OMV´s CEO Roiss expects that the consortium of Nabucco will change.
December 8, 2012
Russia Starts South Stream Pipeline
Today, the Russian gas group Gazprom has officially begun the construction works of the pipeline project.
December 7, 2012
OMV Signs Major Oil Acquisition in Norway
“A further important move to establish Norway as core country in OMV’s Exploration and Production portfolio”: The Austrian oil group acquires a 20% stake in the Edvard Grieg oil field development from RWE.
October 16, 2012
RWE Agrees to Strategic Collaboration with Serbian Energy Utility EPS
The German energy group has signed a Memorandum of Understanding on further development of energy generation in Serbia. The focus will be on laid on hydropower.
September 11, 2012
New Hope for Nabucco West
The Aseri Minister of Energy Natik Aliyev thinks that Nabucco West would be better than the rival project TAP.
July 27, 2012
„Nabucco Is Still an Option“
Elshad Nassirov, Vice-Chairman oft he Azerbaijani gas company Socar, argues that BP´s statement about Nabucco was premature.
May 29, 2012
BP: „Nabucco is Dead“
British Petroleum pronounces the initial Nabucco project dead. RWE supports the new version “Nabucco West”.
May 25, 2012
“Nabucco West” Submits Proposal
The proposal for the downsized “Nabucco West” Scenario was submitted to Shah Deniz II Consortium.
May 18, 2012
Another Setback for Nabucco
The German RWE considers leaving the natural gas pipeline consortium. Also the Hungarian MOL will exit.
May 16, 2012
Turkey Emphasizes Support for Nabucco
Besides the Russian South-Stream project, Turkey also shows support for Nabucco, where Austrian OMV is strongly engaged in.
January 21, 2012
RWE Considers Alternative to Nabucco
German RWE shows interest in rival project TANAP and considers getting out of Nabucco.
January 20, 2012
Czech RWE-Subsidiary Plans Pipeline Through Austria
The operators of a gas pipeline “5GL” in the Czech Republic, Austria, Bavaria and Slovenia are considering to build a new pipeline connecting the Souther Czech Republic with Italy and Slovenia.
October 4, 2011
Joschka Fischer: „Nabucco is in time“
The former Minister of Foreign Affairs of Germany, Joschka Fischer, is optimistic regarding the realization of the Nabucco Gas Pipeline.
September 6, 2011
Kelag with more sales and profits
Economic recovery brought growth for the Corinthian energy provider in the first half of 2010.
August 30, 2010
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