April
OMV net income surges on gas prices amid Nord Stream 2 writeoff
Austrian oil and gas major OMV reported on Friday a strong operating income of US $2.76 billion (2.6 billion euros) at the current cost of supplies for the first quarter of 2022, and a net profit of 855 million euros due to Nord Stream 2-linked impairments.
Wintershall to retain projects in Russia to ensure stable supplies
The chief executive of German oil and gas producer Wintershall Dea said on Thursday that Russia’s invasion of Ukraine was “a fundamental turning point for Wintershall Dea” but confirmed that it would hold on to its Russian projects after intensive internal discussions.
Petrobras, QatarEnergy, partners to work in Brazil’s Sépia Field
A consortium that includes QatarEnergy has entered into a production sharing agreement with the Brazilian government related to surplus volume rights of the world class Sépia oil field in Brazil, the company said on Thursday.
