The Ukrainian government is preparing to raise natural gas imports by 30% to offset damage to its energy infrastructure and ensure supply continuity during the winter season.
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
OMV is investing several hundred million euros in a 140 MW electrolysis unit in Austria, set to produce 23,000 tonnes of green hydrogen annually to supply its Schwechat refinery.
OMV terminated the contract of one of its executives after suspicions of spying for Russia, prompting the Austrian Ministry of Foreign Affairs to summon a Russian diplomat.
Starting the ban on Russian gas as early as 2026 would raise benchmark prices, with a spread close to $1/MMBTU in 2026–2027 and spikes above $20/MMBTU in Austria, Hungary and Slovakia, amid tight regional supply and limited LNG availability.
The General Court of the European Union has rejected Austria’s appeal against the inclusion of gas and nuclear energy in the classification of sustainable investments.
The European Court of Justice annulled the European Commission's authorisation of Hungarian state aid for the Paks II nuclear project, questioning compliance with EU public procurement rules.
The International Atomic Energy Agency warns that little time remains to reach an agreement with Iran on fully resuming inspections, as European sanctions could be reimposed within 30 days.
Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
Uganda is relying on a diplomatic presence in Vienna to facilitate technical and commercial cooperation with the International Atomic Energy Agency, supporting its ambitions in the civil nuclear sector.
ADNOC announces the transfer of 24.9% of its shares in OMV to its subsidiary XRG, continuing the streamlining of its international assets and preparing the creation of Borouge Group International.
Underground hydrogen storage, essential to support its growth, continues to face significantly higher costs than natural gas storage, along with major technical challenges hindering its competitiveness against conventional energies.
Austria is launching an unprecedented 20% bonus on photovoltaic subsidies to promote equipment manufactured in Europe, with a total envelope of €20 million dedicated to solar installations and energy storage systems.
Cheniere Energy validates major investment to expand Corpus Christi terminal, adding two liquefaction units to increase its liquefied natural gas export capacity by 2029, responding to recent international agreements.
Austrian oil group OMV announces a seismic campaign starting in December 2025 in the Graz region, aiming to identify potential deep geothermal reservoirs suitable for local energy production.
Ukraine's Zaporizhzhya Nuclear Power Plant remains immobilised by armed conflict, dependent on a single fragile power line and groundwater wells to cool its reactors, according to the International Atomic Energy Agency (IAEA).
Austrian group OMV has confirmed a major investment in a green hydrogen production unit in Lower Austria, aimed at securing its Schwechat refinery operations by the end of 2027.
The International Atomic Energy Agency revealed that Iran conducted undeclared nuclear activities at three sites, which could lead to a non-compliance resolution by mid-June.
Cheniere has signed a long-term gas supply agreement with Canadian Natural Resources to support the planned expansion of its Sabine Pass liquefaction terminal in Louisiana from 2030.
JinkoSolar, RELC and VI announce a $1 billion investment for a solar cell and module production plant in Saudi Arabia with an annual capacity of 10 GW.
The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.
MAN (Volkswagen Group) and E.ON are announcing the installation of 170 electric truck charging stations in Europe, with 400 terminals, by 2025, with the aim of reinforcing an almost non-existent network.
Austria is setting up a commission to assess the risks and opportunities of breaking its contract with Gazprom and withdrawing from Russian gas by 2027.
Africa50 and the International Renewable Energy Agency (IRENA) have entered into a $100 million partnership to finance renewable energy projects in Africa.
Only four of the EU's twenty-seven member states have submitted their updated roadmaps for achieving the 2030 climate targets. France is one of the laggards.
To meet decarbonization objectives, the deployment of low-carbon hydrogen requires rigorous accounting of its actual carbon intensity, as well as a clear regulatory framework, as highlighted in a recent study by the Oxford Institute for Energy Studies.
The European Union and Ukraine have asked Azerbaijan to play a key role in facilitating a new Russian gas transit agreement, currently under discussion.
OMV Petrom strengthens its partnership with Renovatio by acquiring a 50% stake in photovoltaic projects totalling 130 MW, increasing their joint portfolio to over 1.1 GW.
Energy Commissioner Kadri Simson will attend tomorrow's Energy Council in Brussels to discuss electricity grids and the integration of alternative energies.
Borealis and Burgenland Energie have signed a Power Purchase Agreement (PPA) to supply renewable energy to Borealis in Austria. This partnership marks a major step towards Borealis' goal of running entirely on renewable electricity by 2030.
