Austrian energy player plans to enforce arbitration award from Russian company revenues for remaining exports to Europe ...

On Wednesday, OMV said it had received an arbitral award of more than 230 million euros ($243.06 million) from the ...

EADaily, November 14th, 2024. The price of gas in Europe exceeded $ 500 per thousand cubic meters. A new movement was given ...

Some European countries’ continued reliance on cheap natural gas from Russia tests Europe’s political will to cut off the ...

Europe’s gas market has been sensitive to supply disruption since Russia started cutting supplies to Europe in 2021 ahead of the invasion of Ukraine. In recent years, events that disrupt, or threaten ...

OMV announced a favorable arbitration decision under the rules of the International Chamber of Commerce regarding irregular ...

In June, German utility Uniper was awarded more than €13 billion in damages for undelivered Gazprom gas. While landlocked ...

European natural gas prices spike as much as 5% to hit €46/MWh on Thursday, reaching their highest level this year, after Austrian oil and gas producer OMV ( OTCPK:OMVJF) warned of a potential halt of ...

European gas futures jumped to their highest level in a year. This was due to fears that Gazprom may cut off supplies to ...

A Bank of England rate-setter has warned that Donald Trump’s trade war could hit growth and push up consumer prices in the UK ...

It said stability in the short end of the Treasury yield curve contrasts with volatility in the long end. With less than 75 basis points of Fed rate cuts priced for the upcoming year, the 2-year ...

Austria is preparing for its first winter without Russian gas. What will this mean for the country’s supplies and energy ...