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.

The new law allows the OMV commissioner to take into account factors like the debtor’s income when determining payments, and it increases the time in which a debt is considered delinquent from 60 to ...

Malaysia’s total industry volume (TIV) could potentially reach up to 800,000 units this year, driven by promotion from both ...

Austrian gas company OMV has warned of a possible suspension of gas supplies from Russia after an arbitration ruling in its ...

Until the end of the year, drivers with outstanding fees and fines owed to OMV can get payment plans and other options to pay them off.

(Bloomberg) -- OMV AG warned Russian natural gas supplies may be disrupted as the company intends to stop paying for imports ...

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

It is expected that there may be a deterioration of the contractual relationship" including a "potential halt of gas supply." ...

European natural gas prices surged due to a combination of OMV's legal victory against Gazprom and colder weather increasing ...

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

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

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