Companies operating on basis that rouble payment structure is sanctions-compliant
US opposes project because it would strengthen Russia’s economic, political grip on Europe
Critics say German-supported project is act of betrayal and political folly of highest order
Iseq closes higher despite poor performances from Bank of Ireland and Kerry Group
OMV the latest of several energy companies to exit or reduce presence in North Sea
Dollar bounces back from four-month low while S&P 500 reaches new all-time high
Company says project does not offer an ‘economic value proposition’ that justifies investment
Analysts say deal gives OMV a foothold in one of Norway’s top new developments
Central European company OMV takes stake to secure stable output
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