Energy, Oil & Gas

bp agrees to sell Austria mobility, EV charging business to volenergy

bp has reached an agreement to sell its mobility, convenience and electric vehicle (EV) charging businesses in Austria to volenergy. The deal includes 250 bp branded retail sites, of which around 115 are company owned and franchise operated, as well as electric vehicle charging infrastructure and the associated fleet business....

Energy, Oil & Gas

OPEC+ adjusts oil output by 206,000 bpd from May, says report

The eight OPEC+ countries, namely the UAE, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, have announced an adjustment to oil production levels, reaffirming their joint commitment to supporting stability in global oil markets, said a report. ...

Energy, Oil & Gas

SOCAR begins supplying Azerbaijani gas to Austria, Germany

Azerbaijan’s state energy company SOCAR has reached a new milestone in gas exports by selling significant volumes of gas to Southern and Central Europe via the Trans Adriatic Pipeline (TAP), part of the Southern Gas Corridor. From January 2026, Azerbaijani gas will be supplied to buyers in Austria and Germany through Italy....

Energy, Oil & Gas

Masdar, OMV to set up JV for 140MW green hydrogen plant in Austria

Masdar, Abu Dhabi based global clean energy leader, and OMV, Austria’s integrated energy, fuels and chemicals company, have signed a binding agreement to establish a joint venture (JV) for the financing, construction and operation of the 140 MW green hydrogen electrolyser plant in Bruck an der Leitha, Austria....