Following the arbitration decision, OMV partially offset its claims amounting to €48 million ($50 million) against its ...

Serbia's Energy Minister Dubravka Đedović-Handanović made the corresponding announcement on Feb. 4. She further suggested ...

The European Union and Moldova have agreed on an energy security plan to wean the country off its dependence on Russian gas ...

In the fourth quarter of 2024, the Austrian OMV sharply improved its net operating income, as it did not pay for part of the ...

BELGRADE (Reuters) - Serbian oil company NIS, which is majority-owned by Russia's Gazprom Neft and Gazprom, has submitted a ...

Russian gas giant Gazprom , squeezed by plunging sales abroad as the Ukraine conflict prompts European buyers to turn away, ...

Ukrainian drones struck more Russian oil and gas facilities, the latest in a near-daily series of attacks meant to hurt ...

Ukrainian drone strikes have targeted major Russian oil refineries, including Lukoil's facility in Volgograd, disrupting fuel ...

Astrakhan plant and Lukoil refinery targeted in the today's attack as Ukraine says they supply fuels to the Russian military ...

The end of gas flows to Europe through Ukraine and new US sanctions targeting Gazprom Neft are putting more financial ...

Operations at the Astrakhan Gas Processing Plant ceased after a drone attack, disrupting Gazprom's production of gasoline and ...

State run gas giant Gazprom spearheads increase in gas production in 2024 as it re-takes a larger share of the domestic ...