Austria spent this heating season with one of the highest wholesale electricity prices in the European Union. The main reason ...

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 ...

OMV AG shows strong fundamentals but is overvalued. Read why it's a Hold for OMVKY stock until €35/share and how it compares ...

Neptun Deep field is considered one of the most significant gas deposits in the EU, and it will make Romania an energy ...

MOSCOW, March 25. /TASS/. OMV Petrom, a subsidiary of Austria’s OMV, and Romania’s Romgaz have started the spud of the first gas production well at the Neptun Deep field in the Black Sea, the two ...

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

These are the key developments on day 1,122 of Russia’s war on Ukraine.

American envoys talked with Russian officials on Monday, a day after meeting with a Ukrainian delegation. The initial discussions were expected to focus on halting attacks on energy facilities.

A bitter and bloody war in Ukraine has devastated the country, further isolated Russia from the West and fueled economic insecurity around the world. The assault underscored the deep mistrust ...

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