26.03.2014
- Swiss-based global engineering and construction group Foster Wheeler has signed a five-year alliance agreement with Austrian oil and petrochemicals giant OMV to provide integrated...
05.07.2013
- Statoil and four partners have agreed to build a $343 million link to connect the Edvard Grieg and Ivar Aasen oilfields with existing pipelines in the North Sea, the company said...
25.10.2012
- Technology - Growing chemicals demand from Asia and the need to reduce exposure to fluctuating oil prices continue to drive petrochemicals expansion in the Middle East. In the past...
18.05.2012
- A European Union decision to block Russia's Gazprom from taking a stake in the Central European Gas Hub was a mistake because it hurt efforts to boost liquidity, the Vienna-based...
01.06.2011
- German car maker Daimler and industrial gases company Linde plans to invest tens of millions of euros in hydrogen fuelling stations in Germany, two people familiar with the matter...
03.03.2011
- As fighting continues across Libya, the oil industry is trying to assess the output lost from Africa's third-largest producer. Most estimates suggest around half of the country's 1...
28.01.2011
- A court acquitted energy group OMV's chief executive Wolfgang Ruttenstorfer of insider trading on Thursday in a case prosecutors said had put Austria's reputation as a financial...
27.01.2011
- Austrian oil and gas group OMV's Chief Executive Wolfgang Ruttenstorfer professed his innocence as his high-profile insider trading trial got under way on Thursday. "I plead not...
