Austrian energy firm OMV could legally terminate a gas supply deal that runs until 2040 with Russia's Gazprom , an Austrian ...

TotalEnergies SE and OMV AG are close to starting up plants that will make synthetic oil from waste plastic to cut emissions ...

Big oil is investing heavily in petrochemicals as a long-term hedge against an uncertain future for fossil fuels.

After more than 50 years of ties, Austria has halted cooperation with Gazprom. The arrest of Russian gas was the catalyst for ...

Austrian oil and gas company OMV has confiscated Russian gas as payment for an arbitration decision, according to which ...

Austria’s energy firm OMV has seized $241 million (230 million euros) of Gazprom natural gas deliveries for October as a ...

Natural gas prices continued to rise on Monday as strong fundamentals and tensions between Russia and Ukraine supported ...

OMV's arbitration victory against Gazprom and resultant seizure of Russian gas led to the cessation of over 50 years of gas ...

Russian gas exports to Europe remain stable despite a contractual dispute between Gazprom and OMV. Despite halted supplies to Austria, gas continues to flow through Ukraine. As the five-year transit ...

Russian gas exports to Europe through Ukraine have been stable on Monday despite a contractual row between Kremlin-owned ...

Russia considers the cessation of gas supplies to Austria to be entirely justified, the Foreign Ministry in Moscow said on ...

WASHINGTON (AP) — Russia's third largest bank, Gazprombank and its six foreign subsidiaries were hit with U.S. sanctions on ...