OMV says its gas deliveries from Russia have stopped
Austrian energy company OMV said gas deliveries from Russia had ended at 6 a.m. (0500 GMT) on Saturday, but the regulator said supplies to customers were stable despite a drop in flows into Austria.
Russia's Gazprom stops flow of natural gas to Austria, utility says
Austrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the gas following an arbitration award
Russian gas deliveries to Austria halted after arbitration ruling
The Russian energy company Gazprom abruptly halted deliveries of natural gas to Austria on Saturday following a legal dispute over supply interruptions. The stoppage was confirmed to dpa by Austrian energy company OMV spokeswoman Sylvia Shin.
Austria's Gas Gamble: Securing Energy Independence Amid Russia's Supply Halt
Austria's OMV halts payments to Gazprom, following an arbitration award, leading to a cessation of Russian gas supplies. Austrian Chancellor Karl Nehammer assured that Austria had an alternative supply of fuel.
Russia cutting off gas sent to Austria via Ukraine, Austrian gas supplier says
Russia's Gazprom Export announced that its supply of natural gas to Austria is ending on Nov. 16, according to OMV, Austria's largest gas supply company.
Russian Gas Supply to Europe Faces Disruption Risk, OMV Warns
OMV AG warned Russian natural gas supplies may be curbed after it was awarded €230 million ($243 million) in an arbitration with Gazprom PJSC, boosting the Austrian firm’s profit while potentially ending procurement from the Kremlin-controlled company.
Austria's OMV gas deliveries via Ukraine transit to fall to zero from tomorrow
Austria's OMV has been informed by Gazprom that the Russian gas producer would reduce its deliveries of natural gas from to zero from 0500 GMT on Nov. 16, according to information published on the CEGH Remit platform on Friday.
Austria's OMV secures $243 million arbitral award for Gazprom's irregular German gas supplies
Austrian integrated oil and gas company OMV announced on Nov. 13 that it had secured an arbitral award from the International Chamber of Commerce exceeding $243 million. This ruling relates to irregularities in German gas supplies provided by Gazprom.
Russia’s Gazprom to Halt Gas Deliveries to Austria From Nov. 16
European gas prices jumped as Austria’s OMV AG said Russia will cut deliveries from Saturday. Gazprom PJSC notified the company that it will cut supplies to Austria to zero, OMV said in a statement. The cut off comes after the Austrian energy company said it will stop payments to recoup a €230 million ($242 million) arbitration reward against the Russian firm.
Austria's OMV informed by Gazprom that deliveries to be reduced to 0%, says platform
Austria's OMV has been informed by Gazprom that the Russian gas producer would reduce to 0% its deliveries of natural gas from 0500 GMT on Nov. 16, according to information published on the CEGH Remit platform on Friday.
OMV wins arbitration as Gazprom halts gas to Austria
The Austrian corporation OMV announced on Friday the suspension of gas supplies from Russia. This follows their victory in arbitration proceedings against Gazprom. OMV was awarded €230 million in compensation.
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Russian Gas Flows Are Steady Even After Gazprom Cut Off OMV
Gazprom PJSC is sending natural gas to Europe via Ukraine at normal levels even after cutting off one of its longest partners ...
OMV gets over $243 mln in arbitral award for Gazprom's irregular German gas supplies
OMV has received an arbitral award of over 230 million euros ($243.06 million) from the International Chamber of Commerce ...
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Kepler Capital Reaffirms Their Hold Rating on OMV AG (OMV)
In a report released on November 14, Bertrand Hodee from Kepler Capital maintained a Hold rating on OMV AG (OMV – Research Report), with a price target of €39.00. The company’s shares closed last ...
New state law offers more options to drivers with unpaid fees to OMV
Fees previously referred to the Office of Debt Recovery for collection assistance were recalled and reset to their original ...
Kremlin energy row sends gas price surging
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.