OMV, Gazprom

Austria's OMV secures $243 million arbitral award for Gazprom's irregular German gas supplies
Austrian integrated oil and gas company OMV announced on Nov. 13 that it had secured an arbitral award from the International Chamber of Commerce exceeding $243 million. This ruling relates to irregularities in German gas supplies provided by Gazprom.
Russian gas supply could stop to Austria before year-end
VIENNA/LONDON, Nov 14 (Reuters) - Russian gas supply to oil and gas company OMV (OMVV.VI), opens new tab in Austria is at risk of stopping before the end of the year due to an arbitration case against Gazprom, the company said. Austria is one of the few ...
OMV to pursue Gazprom for awarded damages despite gas supply risk
Austrian energy player plans to enforce arbitration award from Russian company revenues for remaining exports to Europe
Gas prices in Europe rise sharply as Gazprom may cut off supplies to Austria
European gas futures jumped to their highest level in a year. This was due to fears that Gazprom may cut off supplies to Austria, Bloomberg reports. Futures on the TTF hub in the Netherlands rose by 3.
Russian Gas Supply to Europe Faces Disruption Risk, OMV Warns
(Bloomberg) -- OMV AG warned Russian natural gas supplies may be disrupted as the company intends to stop paying for imports from Gazprom PJSC to recoup damages it won in arbitration. European futures surged to the highest in a year. OMV doesn’t expect G ...
Rigzone44m
OMV Wins $243 Million Arbitral Award vs Gazprom over Undelivered Gas
The Austrian oil and gas distributor won an arbitral award of damages against Russia's Gazprom over failures to deliver ...
OMV gets over $243 mln in arbitral award for Gazprom's irregular German gas supplies
OMV has received an arbitral award of over 230 million euros ($243.06 million) from the International Chamber of Commerce ...
Interfax1h
Moldovan authorities need to negotiate with Gazprom on gas supplies from early 2025 - Moldovagaz head
Terminating the contract with Gazprom for gas supplies to Moldova and Transdniestria is undesirable, and the authorities must negotiate with the Russian company on continuing transit through Ukraine, ...
Gas in Europe is already over $ 500: the decline in Gazprom's supplies has become more real than ever
EADaily, November 14th, 2024. The price of gas in Europe exceeded $ 500 per thousand cubic meters. A new movement was given ...
U.S. Probing Citigroup’s Alleged Ties To Sanctioned Russian Billionaire
An investigation focuses on services provided by the bank for a trust that held the sanctioned billionaire’s assets.
Interfax1h
Demand for fossil fuels growing as global consumers think about energy security - Gazprom
MOSCOW. Nov 15 (Interfax) - The main outcome in global energy sector this year is the continued growth of demand for conventional energy resources amid geopolitical instability and greater attention ...
Kremlin energy row sends gas price surging
A row between a Kremlin-controlled energy giant and one of its European customers has sent the price of gas surging to its highest level in a year.
Meduza2d
Rosneft denies plans to merge with Lukoil and Gazprom Neft to create Russian ‘mega oil producer’
A spokesperson for the oil giant Rosneft has denied a report by The Wall Street Journal that the company is involved in any ...