Austrian OMV company terminates contract with Gazprom Export
Austrian oil and gas company OMV has terminated its long-term gas supply contract with Russia's Gazprom Export, the OMV website reported on Dec. 11.
Austrian oil and gas company OMV has terminated its long-term gas supply contract with Russia's Gazprom Export, the OMV website reported on Dec. 11.
Supply to customers was not affected by a leak on one of the branching pipes of the Russian Druzhba pipeline in Poland, the Polish operator Pern said in a statement on Dec. 1.
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.
Slovak Prime Minister Robert Fico said he plans to resume "economic and standard relations" with Russia after the end of Moscow's war against Ukraine, the RTVS broadcaster reported on Oct. 3.
The following is the Sept. 25, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Kyiv’s iconic “Hotel Ukraina,” located on the city’s central Independence Square, also known as Maidan Nezalezhnosti,
The following is the Sept. 17, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Ukraine passes latest IMF review Ukraine passed its latest loan program staff review with the International Monetary Fund
Norway's energy sector is under threat of sabotage from Russia, Norwegian security chief Beate Gangaas told Reuters on Aug. 27, as European security services briefed Norwegian energy officials on potential Russian threats.
Hungary will not face oil shortages due to Ukraine's decision to block Lukoil PJSC's crude transit, according to Zsolt Hernadi, CEO of Hungarian oil and gas conglomerate MOL Group.
Authorities opened a preliminary criminal case into the potential violation of industrial health and safety standards, RIA Novosti said.
In the first half of 2024, Ukraine's largest gas producer, Ukrgasvydobuvannya, pumped 8.8% more gas than in the same period last year, the company announced on July 16.
The operator of the world's largest oil refining complex, India's Reliance Industries, has reached a one-year agreement with Russia's state-controlled oil company Rosneft to purchase oil in rubles, Reuters reported on May 28.
Two drones crashed into a fuel station in Livny, a town in Russia's Oryol region, overnight on May 27, according to the local governor.
"We have neither supported nor enabled strikes by Ukraine outside of its territory," Blinken said, responding to a question from a journalist about the Ukrainian strikes on Russian oil refineries.
Ukrainian drone attacks targeted three oil refineries deep inside Russian territory, in what President Vladimir Putin described as an attempt to disrupt the upcoming presidential election. The facilities hit by Ukrainian drones in the past days account for about 12% of Russia’s oil-processing capacity.