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 ...

Russian President Vladimir Putin seems confident that pipeline flows of natural gas to Europe could be stepped up if a ...

comes as the EU moves away from Russian gas imports, Reuters reported. Neptun Deep, jointly owned by OMV Petrom - whose majority shareholder is Austria's OMV - and state-owned Romgaz, is estimated ...

OMV, ADNOC to merge polyolefins businesses Borouge and Borealis New entity, ‍Borouge Group International, will acquire Nova Chemicals for $13.4 billion ADNOC and OMV to have equal share in ...

The Uniper Global Commodities SE (Uniper) dispute highlights geopolitical and legal risks in volatile markets. Uniper, once Germany’s top Russian gas importer, was nationalized after it faced ...

Reporting by Oksana Kobzeva; writing by Maria Kiselyova Russia's Gazprom said on Friday it had signed a memorandum of understanding with Austrian energy group OMV on the supply of oil. The document ...