OMV gets over $243 million in arbitral award

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.
Russian Gas Supply to Europe Faces Disruption Risk, OMV Warns
(Bloomberg) -- OMV AG warned Russian natural gas supplies may be disrupted as the company intends to stop paying for imports from Gazprom PJSC to recoup damages it won in arbitration. European futures surged to the highest in a year. OMV doesn’t expect G ...
OMV to pursue Gazprom for awarded damages despite gas supply risk
Austrian energy player plans to enforce arbitration award from Russian company revenues for remaining exports to Europe
Russian gas supply could stop to Austria before year-end
VIENNA/LONDON, Nov 14 (Reuters) - Russian gas supply to oil and gas company OMV (OMVV.VI), opens new tab in Austria is at risk of stopping before the end of the year due to an arbitration case against Gazprom, the company said. Austria is one of the few ...
Gas prices in Europe rise sharply as Gazprom may cut off supplies to Austria
European gas futures jumped to their highest level in a year. This was due to fears that Gazprom may cut off supplies to Austria, Bloomberg reports. Futures on the TTF hub in the Netherlands rose by 3.
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OMV Wins $243 Million Arbitral Award vs Gazprom over Undelivered Gas
The Austrian oil and gas distributor won an arbitral award of damages against Russia's Gazprom over failures to deliver ...
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 ...
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.
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Austrian OMV was awarded compensation from Gazprom: they do not rule out stopping supplies
Austrian OMV announced that it had won an arbitration claim from Gazprom Export in a dispute over the suspension of ...
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OMV fees and fines recalled, reset to original amount
Until the end of the year, drivers with outstanding fees and fines owed to OMV can get payment plans and other options to pay them off.
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Europe’s Natural Gas Prices Jump to 2024 High
European natural gas prices surged due to a combination of OMV's legal victory against Gazprom and colder weather increasing ...
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OMV Petrom begins the execution of its first major photovoltaic project
Energy - OMV Petrom, the largest integrated energy producer in Southeast Europe, has signed an EPCC contract - Engineering, ...
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Austria's OMV has no Russian LNG in its contracts, CEO says
Austrian energy company OMV has no Russian liquefied natural gas (LNG) in its contracts, its chief executive said, even as ...