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United Kingdom

Kirsti Knolle

EU's Juncker upbeat on Brexit agreement, no-deal not an option

06 Oct 2018

VIENNA The European Union and Britain will reach a deal on Brexit in November if they do not do so this month, European Commission president Jean-Claude Juncker told Austrian newspapers.

Austria's OMV to buy Siberian assets from Gazprom, not swap them

03 Oct 2018

VIENNA Austrian energy group OMV said it had agreed to buy Siberian gas assets from Gazprom instead of swapping them for some of its own assets, giving in to opposition from Norway to the initial plans.

UPDATE 2-Austria's OMV to buy Siberian assets from Gazprom, not swap them

03 Oct 2018

* Gazprom was keen on North Sea know-how (Adds details, background, quotes)

Lenzing to focus on Thailand expansion after halting U.S. project

27 Sep 2018

VIENNA Austrian fibers producer Lenzing will focus on setting up a new production facility in Thailand after halting its planned U.S. expansion due in part to rising trade tensions, its chief executive said on Thursday.

INTERVIEW-Lenzing sticks to earnings guidance after of U.S. expansion halt

27 Sep 2018

VIENNA, Sept 27 Austria's Lenzing expects its 2018 earnings to not be negatively affected by its decision to halt a major expansion project in the United States and also does not expect substantial impairments, its Chief Executive said on Thursday.

Breaking up not hard to do, Austria finds as power zone splits from Germany

25 Sep 2018

VIENNA/FRANKFURT, Sept 25 Austria's energy industry says it is prepared for more grid management and expects price increases resulting from a split of its joint power trading zone with neighbouring Germany next month to be in low single digits.

Ölkonzern OMV will vor Jahresende in Südostasien zukaufen

10 Sep 2018

Wien Der Wiener Öl- und Gaskonzern OMV setzt bei seiner weiteren Expansion auf asiatische Länder mit geringeren Kosten.

OMV optimistic on approving billion euro investment in Romania soon

07 Sep 2018

VIENNA Austria's OMV is confident Romania will establish an acceptable framework for its Black Sea exploration project in the autumn and that it will be able to give the green light for a billion euro investment soon after, its upstream chief said.

OMV plans exploration deal in Asia by year-end

07 Sep 2018

VIENNA Austrian oil and gas group OMV plans to expand its exploration business with an acquisition in Southeast Asia by the end of the year, in line with its strategy to grow in low-cost markets outside Europe, its upstream chief told Reuters.

OMV optimistic on approving billion euro investment in Romania soon

07 Sep 2018

VIENNA, Sept 7 Austria's OMV is confident Romania will establish an acceptable framework for its Black Sea exploration project in the autumn and that it will be able to give the green light for a billion euro investment soon after, its upstream chief said.

World News

Turkey says it has not shared Khashoggi audio with anyone

Turkey has not shared audio recordings said to document the killing of Saudi journalist Jamal Khashoggi inside the Saudi consulate in Istanbul, its foreign minister said on Friday, dismissing reports it had passed them on to the United States.