Tuesday, November 24, 2020
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Tag: omv

Shell and Eni lead the race to net-zero emissions

The climate ambitions of European integrated oil and gas majors have strengthened markedly with Total, Shell, BP, Repsol and Eni all having made commitments to reduce their carbon intensity.

OMV Petrom’s Q1 net profits plunged by 43%, decision on Neptun offshore project postponed

The net profit of OMV Petrom fall by 43% in the first quarter of 2020 and any decision on the Neptun offshore project is postponed until 2021.

OMV promotes gas in its product portfolio

OMV released its sustainability report for 2019, analysing the long-term risks and impacts of climate-related policies and energy sector developments.
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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).