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"Nord Stream 2 is ready for operations," Russian President Vladimir Putin declared today, with certification the only remaining hurdle before actual gas deliveries can begin. The pipeline can start delivering as much as 55B cm/year of natural gas from Russia across the Baltic Sea to Germany a...
Germany's energy regulator says it suspended the certification process for the Nord Stream 2 pipeline that would bring Russian gas to the country, and says the Swiss-based consortium needed to form a company under German law must secure an operating license. "A certification for the operation...
Equinor (NYSE:EQNR) plans to invest up to 75B Norwegian crowns (~$8.8B) to develop the Wisting petroleum discovery, which would become the world's northernmost oilfield, Reuters reports. Equinor says the Wisting development, which contains ~500M boe, is subject to a final investment decision ...
The following slide deck was published by OMV Aktiengesellschaft in conjunction with their 2021 Q3 earnings call. For further details see: OMV Aktiengesellschaft 2021 Q3 - Results - Earnings Call Presentation
OMV Aktiengesellschaft (OMVJF) Q3 2021 Earnings Conference Call October 29, 2021 05:30 ET Company Participants Florian Greger - Vice President & Head of Investor Relations & Sustainability Alfred Stern - Chief Executive Officer Reinhard Florey - Chief Financial Officer Conference Call...
OMV is a good way of playing a potential swing of equity inflows towards the energy sector and Europe. OMV is a green transition story that will benefit from the ESG wave. OMV’s dividend is likely to increase. The company has extremely high cash yields and is very under...
German Chancellor Merkel reiterated during talks this weekend with Polish Prime Minister Morawiecki that the Nord Stream 2 pipeline must keep Ukraine as a transit country for Russian gas after 2024. Russia's five-year gas transit deal with Ukraine expires after 2024, and Russian President Put...
A German court rules the Nord Stream 2 gas pipeline is not exempt from European Union rules that require the owners of pipelines to be different from the suppliers of the gas to ensure fair competition. The Dusseldorf Higher Regional Court dismissed a bid by project leader Gazprom (OTCPK:OGZP...
OMV Aktiengesellschaft (OMVJF) Q2 2021 Earnings Conference Call July 28, 2021, 05:30 ET Company Participants Florian Greger - VP & Head, IR & Sustainability Rainer Seele - Chairman & CEO Reinhard Florey - CFO Conference Call Participants Mehdi Ennebati - Bank of America Merrill Ly...
The U.S. and Germany are expected to announce a deal in the coming days to resolve their dispute over Russia's Nord Stream 2 natural gas pipeline, Reuters reports.President Biden and German Chancellor Merkel failed to settle their differences over the pipeline when they met last week, but the...
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