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15.05.2014 Austria’s OMV general meeting approves dividend for 2013

OMV’s Ordinary Annual General Meeting has approved a dividend of EUR 1.25 per share for 2013 as well as all other agenda resolutions including the elections to the Supervisory Board, the Long Term Incentive Plan 2014 and the Matching Share Plan 2014, OMV’s press office s

14.05.2014 OPEC sees balanced oil market in 2014

The global oil market will remain “fairly balanced” in 2014 as supply disruptions including delays at the Kashagan field in Kazakhstan prevent the build-up of a surplus, according to OPEC, Bloomberg said on May 14.

12.02.2014 Ukraine looks for investors for pipeline consortium

The Ukrainian cabinet plans to finally determine the membership of investors in the consortium for Ukrainian gas transit network upgrade by the end of the current year, Ukrinform reported on February 11, citing acting Energy and Coal Industry Minister Eduard Stavytsky as

03.12.2013 OPEC to Maintain Current Output Target

OPEC will probably stick with its current production target as demand for its crude next year will be at a similar level, said three delegates from the group, Bloomberg reported on December 2.