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Latest Austria Oil & Gas News

  • Push for nuclear power raises fears of arms race 12 May 2008 05:30 GMT
    ... power raises fears of arms race VIENNA, Austria | At least 40 developing countries from ... with ready access to huge stocks of oil or natural gas, the investment in nuclear power appears to ...

  • Thomson Financial Europe AM at a glance share guide: Shares, oil mixed 12 May 2008 05:12 GMT
    ... AM at a glance share guide: Shares, oil mixed LONDON (Thomson Financial) - U.S. SUMMARY: ... (0930 BST) UK April PPI (0930 BST) AUSTRIA Bank holiday in Austria, Vienna Stock Exchange ... 18.3 million euros versus 23.9 million Hellenic Petroleum Q1 results ITALY March industrial output (0800 ...

  • Who is really running Russia? 12 May 2008 03:36 GMT
    ... 20 per cent of the world’s natural gas reserves, and at least 7 per cent of proven oil reserves, some 75 billion barrels. However, Russia’s huge ... France’s heating needs, 70 per cent of Austria’s, and almost all of Eastern Europe’s gas. ...

  • Dozens of nations want to go nuclear 12 May 2008 03:15 GMT
    ... VIENNA, AUSTRIA - At least 40 developing countries from ... with ready access to huge stocks of oil or natural gas, such as Kuwait, Saudi Arabia and the ...

  • Energized Iran building more bridges 10 May 2008 09:36 GMT
    ... political arrows. Its advance to the global gas market could disrupt the current balance of ... such as Total, Royal Dutch Shell and Austria?s OMV have struck preliminary agreements with Iran ... North Pars gas field. China?s National Offshore Oil Corporation signed a memorandum last year to expand ...

  • Young Guns: Giro Friuli Venezia Giulia Stage 1 10 May 2008 05:08 GMT
    ... , one of the top cycling events reserved for Elite-2 and Under 23 guys on Italian soil, kicked off in the northeastern corner of ... after spending a couple seasons with an Austrian team. A comeback he celebrated by getting ...

  • Intermap Technologies Completes 3D Digital Mapping Data Collection for Western Europe 10 May 2008 03:14 GMT
    ... include 18 Western European countries, including Andorra, Austria, Belgium, Czech Republic, Denmark, France, Germany, Ireland, ... automotive, personal navigation device, insurance risk assessment, oil and gas, hydrology, environmental planning, wireless communications, transportation, aviation ...

  • Euroshares close down, oil soars to $126, Wall St lower on AIG, Citi UPDATE 9 May 2008 16:38 GMT
    ... Linde lost 4.12 percent after the industrial gas giant released a mixed set of first-quarter results ... telecom groups were in the spotlight. Telekom Austria AG advanced 1.58 percent following unconfirmed reports its ... Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson ...

  • Euroshares extend losses midday, Wall seen lower, oil price weighs 9 May 2008 12:12 GMT
    ... Euroshares extend losses midday, Wall seen lower, oil price weighs LONDON (Thomson Financial) - Europe's leading ... Linde lost 4.15 percent after the industrial gas giant released a mixed set of first-quarter ... a Frankfurt-based trader. Over in Vienna, Telekom Austria was up 0.8 percent, following a report ...

  • OPEC crude price close to $117 9 May 2008 11:32 GMT
    ... From correspondents in Vienna, Austria, 03:00 PM IST The price for crude oil produced by the Organisation of the Petroleum Exporting Countries (OPEC) continued its record-breaking climb towards the end of the week, OPEC ...

  • Euroshares open lower after Asia losses, AIG, Allianz weigh UPDATE 9 May 2008 09:45 GMT
    ... steep losses in Asia overnight as record oil prices sparked fresh inflationary concerns and after disappointment ... a barrel on Friday even after the OPEC cartel insisted the market is well-supplied and ... in E.ON. And among telecom groups, Telekom Austria climbed to the top of the STOXX ...

  • Iran showcases first home-made auto engine 9 May 2008 09:19 GMT
    ... expo (May6-9). "We have exhibited an Iranian-made gas fuelled engine at the fair and the ... Baradaran Ghanad added. Pointing to surging global oil prices, he expressed that the sale of such ... them, Germany, the US, France, Italy, Britain, Austria, Greece, Turkey, Portugal, Switzerland, Australia, and Slovenia ...

  • US Trucking Industry Launches Program to Reduce Fuel Consumption and CO2 Emissions 9 May 2008 08:45 GMT
    ... 2010. In a number of countries, e.g. Austria, that lower target has been met for ... ~7% of the proven reserves of crude oil that North America still has. For natural gas, the figure is ~70%. For coal (excl. ...

  • No shortage of oil in the market: OPEC 9 May 2008 08:06 GMT
    ... From correspondents in Vienna, Austria, 11:31 AM IST The Organisation of Petroleum Exporting Countries (OPEC) has said that there ... said that there was no shortage of oil in the world market and the organisation ...

  • Ex-ski resort owner launching pellet-heat effort 9 May 2008 06:30 GMT
    ... thousands of homes in the Northeast from oil heat to wood pellets through an ambitious ... the dominant system for new homes in Austria, for instance. But pellet heat is unprecedented ... five homes in Maine are heated with petroleum, the highest share in the country. By ...

  • Oil nears $124 8 May 2008 20:19 GMT
    ... VIENNA, Austria (AP) -- Gas prices jumped nearly 3 cents overnight to ... record of nearly $3.65 a gallon Thursday. Oil prices rose slightly to a new settlement record ...

  • Gas, oil continue record pace 8 May 2008 19:55 GMT
    ... VIENNA, Austria (AP) -- Gas prices jumped nearly 3 cents overnight to ... record of nearly $3.65 a gallon Thursday. Oil prices rose slightly to a new settlement record ...

  • Markets are adequately supplied, OPEC says 8 May 2008 18:11 GMT
    ... Vienna - Global oil markets were well supplied, the Organization of the Petroleum Exporting Countries (OPEC) said Thursday in view ... statement released from OPEC's headquarters in the Austria capital Vienna. On Wednesday, the average basket ...

  • Oil slips after peaking at record near US$124 a day earlier (Oil-Prices) 8 May 2008 16:19 GMT
    ... Oil slips after peaking at record near US$124 a ... near US$124 a day earlier (Oil-Prices) VIENNA, Austria _ Oil prices slipped Thursday after jumping ... essentially flat at $3.1193 a gallon. Natural gas futures rose by nearly 7 pennies to ...

  • Oil slips after peaking at record near US$124 a day earlier 8 May 2008 16:13 GMT
    ... VIENNA, Austria - Oil prices slipped Thursday after jumping to a record ... essentially flat at $3.1193 a gallon. Natural gas futures rose by nearly 7 pennies to ...

  • Iran showcases first home-made auto engine at German expo 8 May 2008 15:48 GMT
    ... expo (May6-9). "We have exhibited an Iranian-made gas fuelled engine at the fair and the ... Baradaran Ghanad added. Pointing to surging global oil prices, he expressed that the sale of such ... them, Germany, the US, France, Italy, Britain, Austria, Greece, Turkey, Portugal, Switzerland, Australia, and Slovenia ...

  • Oil retreats from record highs 8 May 2008 15:47 GMT
    ... on the New York Mercantile Exchange. VIENNA, Austria (AP) -- Oil prices slipped Thursday after jumping to a record ... essentially flat at $3.1193 a gallon. Natural gas futures rose by nearly 7 pennies to ...

  • Oil lower after jumping to record near $124 8 May 2008 15:12 GMT
    ... Oil lower after jumping to record near $124 Investors ... by upward momentum; ignore supply worries VIENNA, Austria - Oil prices slipped Thursday after jumping ... essentially flat at $3.1193 a gallon. Natural gas futures rose by nearly 7 pennies to ...

  • Oil retreats from highs 8 May 2008 14:50 GMT
    ... on the New York Mercantile Exchange. VIENNA, Austria (AP) -- Oil prices slipped Thursday after jumping to a record ... essentially flat at $3.1193 a gallon. Natural gas futures rose by nearly 7 pennies to ...

  • ROMANIA: Petrom Revenues Rose by 68.4 pc in Q1, With Net Profits up 156 pc 8 May 2008 14:37 GMT
    ... RON 722 mln in operations in the gas and electricity segment and RON 451 mln ... production cost (USD 17.08 per barrel of oil equivalent) was 11 per cent higher than in ... reach 3.6 million litres in late 2008. Austria’s OMV, which holds 51 per cent of ...


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