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

Russian gas supply to oil and gas company OMV in Austria is at risk of stopping before the end of the year due to an ...

German Chancellor Olaf Scholz urged Russian President Vladimir Putin in a rare phone call on Friday to begin talks with ...

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 ...

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

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

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 ...

In October, 34% of AS Latvijas gāze (Latvian Gas, LG) shares were bought back from the Russian company Gazprom. That was ...

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 ...