A deal between Austria and Russia that will see gas being piped around Europe via Austria by 2017 has been signed by heads of two major gas companies. The news comes after the Russian gas giant Gazprom met in Vienna with Austrian partners last week, after which the company announced that they had agreed on […]
By Rob Hyde in Vienna. Customers shopping at petrol stations Austria are having to pay almost twice as much as in supermarkets, a recent report shows. Statistics published by the Chamber of Labour (AK) reveal that the price of purchasing food, drinks and general items from the petrol pump stores works as 48 per cent […]
An innovative process for storing electricity generated from renewable energy sources is now market ready, a fourth patent application having been filed. The process, which was developed by Austrian company Krajete GmbH and is based on microorganisms, enables a highly efficient and environmentally friendly conversion of climate-damaging CO2 and hydrogen into – storable – methane. […]
The head of Austria’s leading oil and gas company has appealed to political leaders to take a stand for gas as a key future source of energy. Gerhard Roiss, who has headed OMV AG since 2011, told the Kurier newspaper that the European Union (EU) should make clear whether it supported the search for and […]
The head of energy sector watchdog E-Control has disclosed his plans for fairer gas prices. Walter Boltz told the Kurier today (Thurs) that a change of the current gas market law was planned for the beginning of next year. He said this step would allow Austrian firms to acquire transit gas. Boltz said it was […]
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 […]
Gazprom manager Alexander Medvedev has hit out at European politicians and competition watchdogs. Asked whether Eastern Europe (EE) must brace for another gas crisis this winter due to the conflict between his company and Ukraine, the Gazprom deputy chairman told Austrian newspaper Die Presse: “(The) energy (sector) has always been connected with politics, but not […]
Austria’s leading electricity provider will not reveal its decision on possible price increases before the first quarter of next year. Verbund AG pointed out yesterday (Thurs) that it did not raise its consumer prices this year. It added that information about price developments for next year will not be announced before the first three months […]
Two young Upper Austrians injured moped riders with a gas-powered gun, it has emerged. The men, both aged 19, were tracked down but not arrested, officials in Steyr-Land district said yesterday (Mon). They face bodily harm charges. The duo reportedly admitted firing steel bullets at two people riding mopeds. The riders were slightly injured. Police […]
OMV AG may shut dozens of petrol stations in Austria and Germany. Company chief Gerhard Roiss explained yesterday (Weds) the firm’s new efficiency programme should help save 700 million Euros by 2014. Roiss also said OMV would invest 2.4 billion Euros into its various fields of operation in the coming 10 years altogether. Roiss – […]