Commodities

The latest commodities markets news and analysis from FriedlNews
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OMV: „Nabucco is More Alive than Ever”

Despite the exit of Hungarian MOL, the Austrian oil company underlines the importance of Nabucco. CEO Roiss holds on Nabucco.

April 28, 2012

Pecik and Sawiris to Enter Telekom´s Supervisory Board

Together with his Egyptian partner, Ronny Pecik will enter Telekom Austria´s supervisory board. Pecik wants to stop the generous dividend policy.

April 28, 2012

Roiss Claims European „Fracking“ Strategy

OMV´s CEO Gerhard Roiss calls for a common strategy to exploit shale gas. The European industrial sector should become more competitive.

April 18, 2012

Austrian Opposition Aims to Bring Back Gold Reserves

The two Austrian opposition parties FPÖ and BZÖ push the Austrian Central Bank (OeNB) to disclose information about the gold reserves. OeNB refuses to do so.

April 14, 2012

Voestalpine Indicates Significant Increase in Revenues

The Austrian steel company recorded about € 12.0bn in revenues last financial year. 25% of the revenues are based on exports apart from Europe.

April 12, 2012

Where is Austria´s Gold?

The major part of Austria´s gold reserves should be located in the U.S. The Austrian Central Bank does not answer any questions.

April 10, 2012

„Natural Gas to Become Most Important Energy Source“

Gerhard Roiss, CEO of the Austrian oil and gas group OMV pushes the EU to recognize the importance of natural gas.

April 7, 2012

OMV Gives In: No Fracking in Austria

The Austrian oil and gas company OMV reacts to the citizen´s protests and gives up its natural gas exploration plans in Northern Austria.

March 5, 2012

Merger of Nabucco-TANAP Discussed

Members of the gas pipeline projects Nabucco and TANAP talk about a merger in Vienna. The Turkish Minister of Energy participates therein.

February 28, 2012

Significant Increase in Austrian Steel Exports to U.S.

U.S. Steel Imports are rising substantially, prices are on the fall. Austrian suppliers could raise their share.

February 27, 2012