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.

An investigation focuses on services provided by the bank for a trust that held the sanctioned billionaire’s assets.

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

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 ...

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

The Paris-based organization forecasts global demand to grow by 921,000 barrels a day in 2024 from 862,000 barrels a day previously, largely due to stronger-than-expected gasoil deliveries in OECD ...

The European power contracts for the year ahead were released on Thursday. They reflect higher carbon permits as well as gas contracts.

European natural gas prices spike as much as 5% to hit €46/MWh on Thursday, reaching their highest level this year, after Austrian oil and gas producer OMV (OTCPK:OMVJF) warned of a potential halt of ...

VIENNA/LONDON, Nov 14 (Reuters) - Russian gas supply to oil and gas company OMV (OMVV.VI), opens new tab in Austria is at ...

"So, there seems to be a certain contradiction in this US energy pressure on the main importers, which is manifested, on the one hand, in the fact that Russia and Gazprom are unfoundedly criticized ...

The Dutch and British wholesale gas prices reached their highest intraday levels in almost a year on Thursday, amid concerns about Russian gas supply.