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 ...

Austrian OMV announced that it had received an arbitration award on a lawsuit against Gazprom Export under a contract under ...

Austrian integrated energy company OMV said November 13 it had been awarded €230mn ($243mn) by an International Chamber of ...

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 ...