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News about OMV
Visegrad Four discuss energy cooperation at Budapest summitPutin turns the screw on Austria Russian gas monopoly Gazprom’s statement recently that it expects Austria to sign onto the South Stream pipeline should not come as a surprise. “Ever since the idea of the South Stream project was conceived, Gazprom Kazakhstan only part of the solution for Nabucco VIENNA – Kazakhstan is not ready to supply gas to Nabucco at this stage, but Astana is willing to consider supporting the gas pipeline to Austria as the former Soviet Republic develops its gas resources, OMV subsidiary buys company in Kazakhstan Romania’s largest oil company Petrom has acquired Korned LLP in Kazakhstan, which has the exploration license for the Kultuk oil field, the company announced on 6 January, Romanian Times reported. The price of the transactions has Petrom´s profit falls by 2% in the third quarter Romania’s largest oil company Petrom, an Austrian OMV subsidiary, reported on 10 November a 2% fall in net profit and a 25% decline in turnover in the third quarter, the Romanian Times reported. A net OMV third quarter profit drops 34% Austrian oil and gas group OMV AG on November 10 reported that its net profit had dropped by 34% in the third quarter, as crude oil prices fell and the difference in value between crude FM says foundations of energy diplomacy laid The foundations have been laid of a systematized programme of establishing the Bulgarian energy diplomacy, with the centre of this act being the Diplomatic Institute, affiliated to the Bulgarian foreign ministry, and the Clingendael Netherlands Bulgaria’s Nabucco opera not music to Putin’s ears As the race between the two competing regional gas pipelines of South Stream and Nabucco continues, Bulgaria picked sides through the mouth of Bulgarian Foreign Minister Rumjana Zheleva, saying Sofia will give priority to the Slovakia to secure oil supply from the Adriatic Slovaks and Austrians will construct a pipeline that should secure oil from the Adriatic for Slovakia as of 2012, Radio Slovakia reported on October 19. The construction of a pipeline by oil companies Transpetrol and Gaz de France: Nabucco’s lucky number seven In line with President Nicolas Sarkozy’s expanding diplomatic energy policy, French company GDF Suez is interested in Gazprom’s Nord Stream and EU-backed Nabucco gas pipelines while domestic competitor EDF Group is interested in the Russia-backed OMV warns of production target doubt OIL and gas group OMV has warned that it may not be able to meet its 2010 production targets because of weak gas demand in Romania and OPEC quotas, Austrian Times reported on 28 September. Bulgaria, Turkey like Nabucco’s chances Surgut output seen flat in 2009 Kremlin alleged behind Surgut buy of MOL stake A Russian oil company close to the Kremlin bought a 21.2 percent stake in Hungary’s national energy company MOL plc, sparking speculation that Russia was reasserting itself in Eastern Europe and trying to put up roadblocks for the Nabucco consortium hurdles Gazprom roadblocks OMV profits down 17% in 2008 Austrian oil and gas group OMV AG on February 25 reported that its annual net income fell 17 percent to 1.53 billion Euro, with the company turning into the red in the fourth quarter. The Petrom talks loans with EIB and EBRD Austrian Air bosses will take a 10% pay cut Austrian Airlines Group (AUA) board members have voluntarily agreed to a 10-percent pay cut for one year as a cost-cutting measure effective February 1 of 2008, the company said. AUA`s supervisory board approved the measure, Crisis for Istrabenz group The Slovenian group Istrabenz, which works in the energy sector, is suffering from a crisis, Italian News Agency ANSA reported on January 28. Despite the sale of numerous service stations to the Austrian OMV and Will Gaddafi pull a Chavez in the oil industry? |
A few years ago, the European Commission selected the company Hudson/DeWitte & Morel to organize an Assessment Centre for Senior The former leader of the European Tories Conservative party was ejected from after defeating the As Bart Staes, a Member of the European Parliament (MEP) from Belgium and the Group EADS learns the US fix was in for Boeing Greek Lessons for Europe About interest rates and public interest EU’s Arctic Policy skating on thin ice Morocco needs tougher talk, sweeter carrots Reluctant EU tailors tough bail-out deal for near-bankrupt Greece The Truth About Turkish Cypriot Isolation Without homeland, Blair says no hope for Palestinians, peace Clear and Present Danger: Bosnia and Herzegovina’s Surplus Arms and Ammunition Yes to the European Monetary Fund Banks can create and destroy -... Banks can create money. This time-cherished truth opened the way to the last credit crisis, which still threatens the world Down with the bankers, loan sharks... Europeans have rightfully blamed greedy American bankers whose blood lust for money caused the worldwide recession that put scores of EU says ok to Greek deficit... After the European Union once again delayed any decision on whether to bail out Greece as the country struggles to Farage To Belgium: "I'm Sorry"... Speaking to New Europe ahead of his meeting with Parliament President, Jerzy Buzek, the unrepentant EFD Leader spoke about being Spanish Presidency plan for electric... Spanish Prime Minister Jose Luis Rodriguez Zapatero, whose country holds the rotating European Union presidency, has pledged to present a World unites in Haiti aid effort:... With the whole world watching, as Haiti tries to recover from the 7-richter earthquake that has reportedly killed 50,000, a Although the European Parliament dealt a surprise defeat to an EU-US deal that would have allowed American investigators to look US President Barack Obama on 16 February announced $8 billion worth of loan guarantees to In what is gearing up to be the event of the Defense calendar 2010, UK Even if you’re on the right track, you’ll get run over if you just sit The Baltic states of Latvia and Lithuania said on 24 February that they remained to be convinced that the sale Military forces from Russia and Ukraine will resume a naval exercise last held seven years On a visit to New Delhi to visit political and business leaders, Russian Prime Minister Russian oligarch Boris Berezovsky on 10 March won libel damages of GBP 150,000 ($223,000) after Will China redefine great power politics?
China is presenting its ascent not as a power shift, but as a paradigm shift. The worldwide economic recession has had European Union businesses keenly eyeing China for continuing markets, Showing there is still some major differences between the European Union and China in areas |
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