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The Wittau Tief-2a exploration well in lower Austria has hit natural gas.

The discovery showed over 30 million barrels of oil equivalent (MMboe) in recoverable resources.

The 50 percent stake acquisition will help OMV Petrom's biofuel production.

OMV will supply Ryanair 500 metric tons of SAF for the airline's operations at Vienna Airport.

The announcement was made as the international, integrated oil, gas and chemicals company presented its new Strategy 2030 this week.

OMV has signed an agreement to supply sustainable aviation fuel to Ryanair across Austria, Germany, and Romania.

'This is a deeply tragic incident'.

One person has been fatally wounded and another has been injured.

PEMEX revealed that a fire broke out on one of the platforms of the Akal-B Process Center in the Campeche Sound.

One Texas shale executive forecast the move, almost exactly, back in January.