FP to sell about 25% of its OMV Petrom shares
Bogdan Tudorache The Investment Manager of Fondul Proprietatea (FP) announces the launch of an accelerated bookbuild offering of a base…
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OMV Petrom
Christopher Veit, new member of the Management Board of OMV Petrom
The Supervisory Board of OMV Petrom has appointed Christopher Veit as a member of the Management Board of OMV Petrom…
OMV Petrom and Enel X to install 10 fast charging stations for electric cars in Romanian gas stations
OMV Petrom, the largest energy company in South-Eastern Europe and Enel X Romania will install, in the coming months, in…
Law limiting the number of fuel distributors and abolishing 1,000 companies – contested at CCR
The controversial law recently voted in the Chamber of Deputies, which limits the number of companies on the fuel distribution…
Florin Frunză is the new CEO of MET Romania, Petre Stroe remains in the Board
MET Romania Energy announced that Petre Stroe has decided to retire as CEO and will be appointed non-executive chairman of…
FP announces a loss of over 848 million lei in H1, mainly due to the decrease of Petrom shares
Bogdan Tudorache Fondul Proprietatea announced a loss of 848.6 million lei for the first half of this year (S1), it…
OMV Petrom completes the acquisition of OMV Offshore Bulgaria, entering Han-Asparuh offshore exploration block
OMV Petrom, the largest energy company in Southeastern Europe, completed the transaction for the acquisition of 100% of the shares…
Competition analyzes the outsourcing operation of some services by OMV Petrom
Competition Council analyzes the transaction through which OMV Petrom SA outsources to J. Christof E&P Services and Christof Private Firefighting…
OMV Petrom and Auchan partnership: 400 MyAuchan stores across the Petrom network over the next five years
OMV Petrom, the largest energy company in Southeast Europe and Auchan Retail Romania, the Romanian subsidiary of Auchan Retail, one…
OMV issues €1.25 bln. in bonds to finance the acquisition of the additional Borealis stake
OMV, the main shareholder of the most important Romanian oil and gas company, OMV Petrom, announced the launch of a…
Dacian Petroleum buys 40 perimeters from OMV Petrom for almost USD 18 mln
Dacian Petroleum will buy 40 OMV Petrom fields located in the south of Romania and with a cumulative oil and…
Romania must pay OMV damages worth 287 million lei
The Arbitral Tribunal issued on July 9, 2020 the final decision in the arbitration initiated by OMV Aktiengesellschaft (OMV AG)…
OMV Petrom’s profit fell by 56% in the first half of the year
OMV Petrom’s net profit in the first half of the year was of 867 million lei, down 56% compared to…
OMV Petrom sued ANRE’s obligation to sell gas with a capped starting price on stock exchanges
OMV Petrom asked the court to cancel the order issued in May by which the National Energy Regulatory Authority (ANRE)…
OMV Petrom becomes the first company in Romania to support the TCFD recommendations
OMV Petrom announces its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD) on climate…
OMV Petrom: Fuel consumption will decrease by 10% this year and will not recover in 2021
Fuel consumption will fall by 10% this year due to the coronavirus pandemic, and demand will not return to pre-pandemic…
Verchere: Offshore Law delays erode Neptune Deep project
Black Sea gas may help Romania recover economically post-pandemic, but changes to the Offshore Law are delayed, eroding the economic…
2020 Energy Strategy Summit – On thin ice
More than in Romanian, the English word for intention preserves more transparently its Latin birth (in-tensio) and the original meaning…
Popescu: Romgaz must to be part of the consortium that will start exploiting gas in the Black Sea
The Minister of Economy, Energy and Business Environment, Virgil Popescu, said that he wants Romgaz to be part of the…
Verchere, Energy Strategy Summit: Black Sea Gas is a huge opportunity, but it won’t be forever
Black Sea gas is a huge opportunity for Romania, but it will not be forever, and at the moment, the…
OMV Petrom: The intensity of carbon emissions from operations decreased by 22% in 2019 compared to 2010
OMV Petrom has published the Sustainability Report for 2019. The report details the objectives and achievements set out in the…
The first gas transactions for the next year – at a price of 60 lei/MWh
On Friday, the first gas transaction was made with delivery for the entire year 2021 at an average price of…
OMV Petrom won tender for oil and gas exploration perimeter in the Black Sea in Georgia’s offshore area
OMV Petrom, the largest energy company in Southeast Europe, is pleased to confirm that it has been selected as the…