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Reuters - vor 1 Tag

Norway awards offshore licences to explore for CO2 storage

Norway awards offshore licences to explore for CO2 storage OSLO, March 31 (Reuters) - Norway said it has awarded two licences to explore for carbon dioxide (CO2) storage sites in the North Sea - one to Aker BP AKERBP.OL and a partner, and another to Germany's Wintershall Dea WINT.UL and its partner. The North Sea has seen a rush to develop offshore CO2 storage sites over the past few years, supported by rising emission costs in Europe and as businesses seek to meet climate goals.
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Reuters - vor 4 Tagen

OMV CEO: Russian gas can be easily replaced with LNG at present

UPDATE 1-OMV CEO: Russian gas can be easily replaced with LNG at present Adds details BERLIN, March 28 (Reuters) - Russian natural gas can be replaced relatively easily with liquefied natural gas (LNG) at present, the chief executive of Austrian energy group OMV OMVV.VI said in a speech on Tuesday. "Natural gas is currently sufficiently available," Alfred Stern said at the European Energy Conference in Vienna, adding that in an emergency situation, OMV would be able to fully supply its customers
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Reuters - vor 4 Tagen

OMV CEO: Russian gas can be easily replaced with LNG at present

OMV CEO: Russian gas can be easily replaced with LNG at present BERLIN, March 28 (Reuters) - Russian natural gas can be replaced relatively easily with liquefied natural gas (LNG) at present, the chief executive of Austrian energy group OMV OMVV.VI said in a speech on Tuesday. "Natural gas is currently sufficiently available," Alfred Stern said at the European Energy Conference in Vienna, adding that in an emergency situation, OMV would be able to fully supply its customers in Austria with non-R
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Reuters - vor 2 Wochen

Romania's Transgaz ready to build pipeline for Black Sea gas

Romania's Transgaz ready to build pipeline for Black Sea gas BUCHAREST, March 16 (Reuters) - Romania's gas pipeline operator Transgaz TGN.BX will build a new pipeline worth an estimated 500 million euros ($529.30 million) meant to bring offshore Black Sea gas to the national grid once the two gas producers make a final investment decision, Prime Minister Nicolae Ciuca said on Thursday.
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Reuters - vor 3 Wochen

Agrofert gains EU nod to buy Borealis' nitrogen business

Agrofert gains EU nod to buy Borealis' nitrogen business By Foo Yun Chee BRUSSELS, March 13 (Reuters) - Czech group Agrofert, owned by Czech ex-premier and now opposition leader Andrej Babis, gained unconditional EU antitrust approval on Monday to buy Austrian energy group OMV OMVV.VI unit Borealis' nitrogen business. Borealis announced the deal last year to sell the business, which includes fertiliser, melamine and technical nitrogen, on the basis of an enterprise value of 810 million euros ($8
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Reuters - vor 3 Wochen

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Kering, Kloeckner & Co, Agrofert, Icade; Updates Qualtrics, Sanofi, Illumina, Pfizer March 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** Qualtrics International Inc XM.O said on Monday it would be taken private after its controlling shareholder, SAP SE SAPG.DE , accepted a $12.5 billion bid from a consortium led by Silver Lake and Canada Pension Plan Investment Board (CPPIB).
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Reuters - vor 3 Wochen

Britain battles to limit SVB damage as would-be buyer for UK arm steps in

UPDATE 7-Britain battles to limit SVB damage as would-be buyer for UK arm steps in Government working to protect customers from bank's collapse Hunt says plan could help customers with cash-flow issues Companies warn of 'existential crisis' if they cannot pay wages Adds further Sunak comment By Andrew MacAskill and Pablo Mayo Cerqueiro LONDON, March 12 (Reuters) - A would-be buyer for the UK arm of failed U.S.
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Reuters - vor 3 Wochen

Agrofert to win EU approval to buy Borealis' nitrogen unit

EXCLUSIVE-Agrofert to win EU approval to buy Borealis' nitrogen unit Adds European Commission declines comment, no immediate comment from Agrofert and Borealis, details By Foo Yun Chee BRUSSELS, March 10 (Reuters) - Czech group Agrofert is set to win unconditional EU antitrust approval for its purchase of the nitrogen business of Austrian energy group OMV's OMVV.VI unit Borealis, a person with direct knowledge of the matter said on Friday.
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Reuters - vor 3 Wochen

EU to clear without conditions Agrofert's buy of Borealis' nitrogen unit, source says

EXCLUSIVE-EU to clear without conditions Agrofert's buy of Borealis' nitrogen unit, source says BRUSSELS, March 10 (Reuters) - EU antitrust regulators are set to approve without conditions Czech group Agrofert's acquisition of the fertiliser business of Austrian energy group OMV OMVV.VI unit Borealis, a person with direct knowledge of the matter said on Friday.
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Reuters - vor 3 Wochen

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Silicon Valley Bank, Ritchie Bros, Binance, OMV March 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2050 GMT on Friday: ** Czech group Agrofert is set to win unconditional EU antitrust approval for its purchase of the nitrogen business of Austrian energy group OMV's OMVV.VI unit Borealis, a person with direct knowledge of the matter said.
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Reuters - vor 3 Wochen

Wien Energie And OMV Join Forces To Develop Deep Geothermal Energy In Vienna Region

BRIEF-Wien Energie And OMV Join Forces To Develop Deep Geothermal Energy In Vienna Region March 8 (Reuters) - OMV AG OMVV.VI : WIEN ENERGIE AND OMV JOIN FORCES TO DEVELOP DEEP GEOTHERMAL ENERGY IN VIENNA REGION FORMATION OF JOINT VENTURE IS STILL SUBJECT TO NECESSARY REGULATORY APPROVALS Further company coverage: OMVV.VI (Gdansk Newsroom)
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Reuters - vor 3 Wochen

Kremlin says Nord Stream attack reports are 'coordinated', demands open investigation

UPDATE 1-Kremlin says Nord Stream attack reports are 'coordinated', demands open investigation Adds further quote, context March 8 (Reuters) - Western media reports on the blowing-up of the Nord Stream gas pipelines are a coordinated bid to divert attention and Russia is perplexed that U.S. officials c an assume anything about the attacks without an investigation , the Kremlin said on Wednesday.
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Reuters - vor 4 Wochen

Carbon storage projects across Europe

FACTBOX-Carbon storage projects across Europe Adds Aker BP, Wintershall Dea-led projects, drops Errai project March 31 (Reuters) - Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground have gathered pace across Europe over the past few years as countries scramble to meet climate goals. The interest in carbon capture and storage (CCS) technology has been also driven by rising EU carbon permit costs, which hit a record of 100 euros a tonne in February.
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Reuters - vor 1 Monat

United States targets Russian aluminium and other metals: Andy Home

RPT-COLUMN-United States targets Russian aluminium and other metals: Andy Home Repeats story filed on Feb. 28 without changes By Andy Home LONDON, Feb 28 (Reuters) - The United States has extended its punitive economic measures against Russia into the metals and mining sector. Aluminium will be hardest hit with penal tariffs of 200% on imports of Russian metal, effective March 10, and imports of any third-country product containing Russian metal, effective April 10. Import tariffs on other metal
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Reuters - vor 1 Monat

United States targets Russian aluminium and other metals: Andy Home

COLUMN-United States targets Russian aluminium and other metals: Andy Home By Andy Home LONDON, Feb 28 (Reuters) - The United States has extended its punitive economic measures against Russia into the metals and mining sector. Aluminium will be hardest hit with penal tariffs of 200% on imports of Russian metal, effective March 10, and imports of any third-country product containing Russian metal, effective April 10. Import tariffs on other metals such as copper and lead will double to 70% and ni
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Reuters - vor 1 Monat

OMV To Initiate Sales Process To Divest Its E&P Assets In Asia-Pacific Region

BRIEF-OMV To Initiate Sales Process To Divest Its E&P Assets In Asia-Pacific Region Feb 27 (Reuters) - OMV AG OMVV.VI : DECIDES TO INITIATE SALES PROCESS TO DIVEST ITS E&P ASSETS IN ASIA-PACIFIC REGION TO INITIATE RELATED SALES PROCESS FOR POTENTIAL DIVESTMENT OF ITS 50% STAKE IN ISSUED SHARE CAPITAL OF SAPURAOMV UPSTREAM SDN. BHD. IN MALAYSIA TO I
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Reuters - vor 1 Monat

Carlyle-backed Black Sea Oil & Gas says taxes hinder higher output

UPDATE 1-Carlyle-backed Black Sea Oil & Gas says taxes hinder higher output Adds details BUCHAREST, Feb 21 (Reuters) - Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group LP CG.O is prevented from increasing gas production at its offshore project due to higher taxes and regulation , its chief executive said on Tuesday. BSOG launched Romania's first offshore Black Sea development in three decades in June of last year, extracting around 1 billion cubic metres (bcm) of gas p
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Reuters - vor 1 Monat

OMV Petrom sticks to 2 bln euros cost for offshore gas project-CEO

OMV Petrom sticks to 2 bln euros cost for offshore gas project-CEO BUCHAREST, Feb 21 (Reuters) - Romanian oil and gas group OMV Petrom ROSNP.BX is sticking for now to a price estimate of 2 billion euros net for its pending Black Sea offshore gas project in the Black Sea, although it was reassessing the costs, its chief executive said on Tuesday. "We're working through that right now because not only do we see high inflation, but also in the oil and gas industry globally because of this supply-de
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Reuters - vor 1 Monat

Romania sees Black Sea gas as 'game changer' for region

Romania sees Black Sea gas as 'game changer' for region By John Irish MUNICH, Feb 17 (Reuters) - Potential extractions from a long-awaited deepwater gas field in the Black Sea could mean countries in the region can finally cut their dependency on Russian energy, Romania's foreign minister said on Friday. Romanian oil and gas group OMV Petrom ROSNP.BX said on Feb.
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Reuters - vor 1 Monat

Bulgaria competition watchdog fines LUKOIL Bulgaria $36.8 mln

UPDATE 2-Bulgaria competition watchdog fines LUKOIL Bulgaria $36.8 mln Adds LUKOIL Bulgaria's plan to appeal SOFIA, Feb 17 (Reuters) - Bulgaria's competition regulator has fined the country's leading fuel distributor and trader, LUKOIL Bulgaria, 67.7 million levs ($36.83 million) for abusing its dominant market position. The regulator said on Friday that LUKOIL Bulgaria, controlled by Russia's LUKOIL LKOH.MM , had put price pressure on its wholesale competitors by gradually changing wholesale pr
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