BUCHAREST, - Drilling at Romania's Neptun Deep offshore gas project began in the Black Sea on Sunday, its owners said on Tuesday, putting one of the EU's largest gas deposits on track for production ...

In November 2024, OMV also won a case against Russian gas monopoly Gazprom over the breach of the German gas supply schedule. The arbitration tribunal ordered Gazprom to pay OMV over $243 million.

European gas futures dropped as much as 4.5% after President Vladimir Putin said a potential energy cooperation deal between ...

Germany’s RWE and Uniper said earlier that they had also made payments for Russian gas under the new scheme VIENNA, June 1. /TASS/. Austria’s OMV paid for Russian gas supplies under a new ...

On Tuesday, the owners of Romania's Neptun Deep offshore project announced that drilling had begun in the Black Sea. This could ...

TASS/. The Russian pipeline gas is generally twice cheaper for European consumers as compared to liquefied natural gas (LNG) prices, Chief Executive Officer of Austria’s OMV Rainer Seele said at ...

VIENNA — Russia's state-owned natural gas company Gazprom stopped supplies to Austria early Saturday, according to the Vienna-based utility OMV, after OMV said it would stop payments for the gas ...