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OMV opens the first public hydrogen filling station in Austria

Green Car Congress

Austria-based oil and gas company OMV opened the first public hydrogen filling station in Vienna, Austria. OMV has been researching the alternative drive concept for vehicles with hydrogen and fuel cells for several years.

Austria 262
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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

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Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent.

Gas 218
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. To establish this infrastructure, Alstom already cooperates with oil and gas companies such as Linde in Germany, and Orlen in Poland.

Hungary 334
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HyMethShip seeks to fuel ship engines with hydrogen from methanol

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Shipping has been one of the fastest-growing sources of greenhouse gas emissions for many years now due to the sharp rise in the trade volume. As a result, shipbuilders and operators around the world are seeking environmentally friendly alternatives to conventional ship engines powered by fuel oil or diesel.

Hydrogen 480
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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030.

Oil 465
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AustroCel Hallein supplying OMV with celluosic ethanol

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The first successful trial delivery of advanced cellulosic ethanol marks the start of the long-term cooperation between OMV, the integrated, international oil, gas and petrochemicals company headquartered in Vienna, and AustroCel Hallein GmbH. The Hallein-based bioethanol plant has an annual capacity of up to 35 million liters (9.2

Supplies 243
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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.”