The reaction of NO in a streamer corona plasma is studied systematically as a function of the composition of the gas mixture, the initial concentration of NO, and the discharge repetition rate. The experimental results show that the reactions of NO depend strongly on the composition of the gas mixture. Reduction is observed in the absence of oxidants such as oxygen and water, but at very high energy cost (>200 eV/NO). In the presence of both these oxidants, more than 90% of the NO conversion is oxidation. The lowest energy costs, 24 eV/NO for He mixtures and 45 eV/NO for N-2 mixtures, are obtained at water and oxygen concentration above 3% and at low discharge repetition rates (<10 Hz). Chemical kinetics calculations of the production of radicals in the plasma show a good agreement with the value derived from the experiments.