The latest energy source industry and company news and analysis from FriedlNews
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Austrian Energy Source Industry Headlines

OSCE: "Reliable, Affordable and Sustainable Energy Supplies are Prerequisite for Stability and Security"

Energy experts from the OSCE Mediterranean Partners for Co-operation, representing both government institutions and private sector companies, will begin a week-long field study of sustainable energy in Austria and Germany.

July 12, 2016

Battery Maker Banner Saw Its Revenue and Sales Volume Hike by 8 Percent

Upper Austria battery maker Banner from Leonding saw its revenue and sales volume hike by 8 percent each in the just ended FY 2015/16 (end of March). 4.1 million starter batteries have been sold, the revenue settled at EUR 258 million the company announced. Growth was achieved mostly thanks to the rising demand for enhanced flooded batteries for vehicles, which Banner has been supplying since 2015 for Volkswagen mid-sized cars. Over the past five years Banner has invested over EUR 40 million (USD 45.9 million) in its plant in Leonding. A new facility is to be build in Pasching, close to Leonding, for EUR 35 million, although the project is meeting with a lot of resistance among local communities.

May 6, 2016

Historic Iran Nuclear Deal Likely to be Announced Early Tuesday

Officials negotiating in Vienna's Palais Coburg say nothing is confirmed, but a deal will possibly come in the early hours of the morning. Iran’s Foreign Minister Mohammad Javad Zarif said an Iran nuclear deal would not be ready to be announced July 13, as China’s Foreign Minister urged the P5+1 and Iran to finalize the accord.

July 13, 2015

Austria’s Energy Regulator: "South Stream Pipeline Must Comply With EU Law"

Austria’s energy regulator Energie-Control commented on the investment. It noted that the joint-venture between OMV and Gazprom ought to file a motion for establishing an exclusion from the third EU energy package in order to allow for the liberalisation of the gas market and a division of production and transport.

June 25, 2014

Analysis: The South Stream Gas Pipeline

Due to the signing of the South Stream agreement between OMV and Gazprom for the Austrian part of the pipeline during Putin's visit to Vienna, we take a look at the background of the project.

June 25, 2014

Fischer: Room for Further Trade with Albania

Austrian President Heinz Fischer was paying a visit to Western Balkan States.

May 22, 2014

Czech Republic: Rosatom to Complete Temelin?

Russian State Atomic Energy Corporation Rosatom presented an offer to complete the units of the Czech nuclear power plant Temelin.

May 12, 2014

Romania Keeps Majority Stake in Romgaz

Romania´s government will privatize 15% of the country´s biggest natural gas producer. The opening of the economy to foreign investors bears potential dangers.

October 12, 2013

Czech Republic: Russia to Offer Significant Investments in Return for Temelin Tender

Czech Prime Minister Necas emphasized on the transparency of the decision.

May 28, 2013

Poland: Hold on Tax to Attract Investors

Hydrocarbons tax on hold till 2020 to enhance investments in shale gas.

May 23, 2013