Tuesday, November 24, 2020
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OMV and VERBUND begins construction of Austria’s largest solar plant

International, integrated oil and gas company OMV together with Austria's leading electricity company VERBUND, began construction today on the largest area photovoltaic plant in Austria.

OMV’s circular economy project recycled 200,000 kg of plastic waste

ReOil, the circular economy project launched by OMV, managed to successfully recycle 200,000 kg of plastic waste which corresponds to what approximately 2,650 households produce within an entire year.

5 platforms in the North Sea first in the world to be connected to an offshore wind farm

Norwegian oil and gas fields Gullfaks and Snorre reached a milestone in implementing a wind farm, announced OMV which owns a 19 per cent stake in the Gullfaks field.
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BIF IV Europe and Mansa Investments to launch a tender offer for 100% of Polenergia’s shares

BIF IV Europe Holdings in cooperation with Mansa Investments, intend to launch a tender offer for 100% of the shares in Polenergia, advised by Dentons, in a move to delist the company from the Warsaw Stock Exchange.

European Commission approves state guarantee for Klaipėda LNG terminal in Lithuania

The European Commission has approved a Lithuanian measure to issue a state guarantee for securing a loan for KN to purchase a Floating Storage and Regasification Unit for the LNG terminal of Klaipėda.

Think tank Ember models a pathway to a coal-free Czechia by 2030

Energy think tank Ember has modelled a pathway to a coal-free Czechia by 2030. There is a feasible route, the lowest cost one being a strong focus on wind and solar, without replacing coal generation with fossil gas.

Pál Ságvári appointed VP for international affairs of the HEA

Pál Ságvári has been appointed vice president for international affairs of the Hungarian Energy and Public Utility Regulatory Authority (HEA) and new Vice-Chairperson of the Energy Regulators Regional Association (ERRA).