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.
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.
* Gazprom was keen on North Sea know-how
(Adds details, background, quotes)
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.
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.
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.
Wien Der Wiener Öl- und Gaskonzern OMV setzt bei seiner weiteren Expansion auf asiatische Länder mit geringeren Kosten.
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.
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.
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.