People’s Party (ÖVP) Environment Minister Nikolaus Berlakovich has spoken out against plans to produce shale gas in Lower Austria. Large reserves of the substance may be located in rocks up to 6,000 metres below the surface in the north-eastern province of Lower Austria. Austrian oil and gas group OMV AG reportedly plans to carry out […]
Oil industry equipment maker Schoeller-Bleckmann Oilfield Equipment AG (SBO) has taken over an Arabian rival, it has been announced.The global market leader, which is headquartered in Ternitz, said today (Mon) it had acquired a 100 per cent interest in Dubai-based Drilling Systems International Ltd. (DSI). A takeover price was not disclosed by the Lower Austrian […]
Tyrolean police are hunting for a driver who managed to escape by foot after a wild road chase on Saturday.Cops in the province said today (Mon) the man had caused a trail of destruction after he fled from a police check point at high speed near Innsbruck.He then crashed through a road block going around […]