ANRE fined companies with 12 million lei in 2018
The National Energy Regulatory Authority (ANRE) has imposed, in 2018, fines of 4 million lei to the operators in the…
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OMV Petrom
OMV Petrom moves to complete digitalization of fuel contracts with legal entities
OMV Petrom has implemented the electronic signature for fuel contracts for legal clients. Thus, about 32,000 kilograms of wood and…
Onshore profile of the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!
In partnership with Global Data, Globuc – the organizers of the Black Sea Oil and Gas Conference (October 23-24, Bucharest)…
Johann Pleininger replaces Christopher Veit in SB of OMV Petrom
Bogdan Tudorache OMV Petrom announces the appointment of Johann Pleininger as interim member of the Supervisory Board of OMV Petrom,…
The government wants to collect an additional 264 million lei from the surcharge of Romgaz and OMV Petrom
The government estimates that it will collect more than 264 million lei in addition to the initial budgetary provisions from…
Oil royalties increased by about 4%, as a result of a new methodology
The oil royalties paid by OMV Petrom increased by about 4% as a result of a new methodology published in…
Petrom has stored three times as much gas as last year
OMV Petrom had stored at the end of the second quarter of this 3.4 billion TWh of gas, three times…
Verchere: We need legislative stability for the Neptun Deep project
OMV Petrom continues to be extremely committed to the Neptun Deep project, but it needs clarity and legislative stability “as…
OMV Petrom posted a net profit growth of 53% in H1
OMV Petrom posted a net profit increase of 53% after the first half of this year (H1), the net result…
OMV Petrom, Renault and Continental, among the best employers in Romania
Groupe Renault Romania, OMV Petrom and Continental are the best employers in the Romanian economy, according to the “100 Best…
While Exxon threatens to leave, the Energy Ministry announces that it has issued its drilling license for Tuzla
Bogdan Tudorache While Exxon threatens to sell its Romanian stake in Neptun Deep, the Energy Ministry has announced it has…
ExxonMobil has informed the Government that it wants a new partner in the Black Sea gas project
ExxonMobil, the company exploring the deep Neptune perimeter of the Black Sea alongside OMV Petrom, informed the government representatives late…
Oil royalties may increase, Competition urges oil companies to come up with property papers and pay rent to the state
Bogdan Tudorache The Competition Authority considers that the increase in the oil royalties level will intensify the competitive pressure in…
OMV Petrom invests another 30 mln. euro in offshore drilling in the Black Sea
OMV Petrom has launched a new offshore drilling campaign in shallow waters in the Istria region of the Black Sea.…
Competition launches Fuel Price Monitor, available online, in the App Store and Google Play
The Competition Council launched the “fuel price monitor”, the online platform that allows consumers to find out the prices of…
Nicolaescu, OMV Petrom: Competition is significant for the fuel market
The Romanian fuel market is free, competition is significant and each company independently determines the price, said Adrian Nicolaescu, chairman…
OMV Petrom contributes 4 million euro to support ”Romania Eficienta” program launched by EPG
OMV Petrom, the largest player on the Romanian energy market, endorses the Energy Policy Group (EPG) “Romania Eficienta” program. OMV…
Petrom finalizes the 50 million euro investment in the Hurezani gas treatment plant
OMV Petrom invested around 200 million euro between 2010-2019 for development of a centralized gas treatment hub serving domestic gas…
The Central Depository will distribute dividends of OMV Petrom
The Central Depository will distribute dividends to shareholders of OMV PETROM from 13.06.2019 to 14.06.2022, the institution announced. The Issuer…
OMV Petrom invests 46 mln. euro in the coking plant at the Petrobrazi refinery
OMV Petrom continues the modernization works at the Petrobrazi refinery. The company has invested about 46 million euros since 2017…
The court rejected the request for the cancellation of approvals for the offshore gas project at the Black Sea
The Constanţa Tribunal rejected the request of a landowner in Tuzla, Constanţa, and the similar one of an NGO, the…
OMV Petrom: Nothing has changed in the decision about the Black Sea exploitation – we have not taken any new decision
OMV Petrom’s new report released last week led some analysts to interpret that the company would have taken a new…
Petrom announces sales up 11% in Q1
Bogdan Tudorache OMV Petrom announced consolidated sales increased by 11% compared to Q1/18, to 5.4 billion lei supported by higher…