OMV Petrom and Hunt Oil start experimental gas production from the Padina field
OMV Petrom, the largest oil and gas producer in Southeastern Europe, in partnership with Hunt Oil Company of Romania (Hunt…
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OMV Petrom
Petrom’s profit drops 11% at 9M
Petrom recorded a net profit of 473 million lei in the third quarter of 2016 compared to a loss of…
OMV: Fierce competition on the gas market, also because of the imported gas
The gas demand in Romania this year remains below the levels of 2015; stable demand on the electricity market The…
Mazarine Energy takes over 19 onshore oil fields in Romania from OMV Petrom
OMV Petrom and Mazarine Energy România SRL, a fully owned Romanian subsidiary of Mazarine Energy BV announce that they have…
16 energy companies in Romanian top 50 by turnover, in 2015
16 energy companies appear in the top of the 50 biggest companies from Romania in 2015 compiled by Ziarul Financiar.…
OMV Petrom will offer a dividend of minimum 30% this year
OMV Petrom proposes its shareholders a dividend worth a minimum 30% for this year, says a release sent to Bucharest…
Energy companies disappointed stock exchange investors; no growth prospects for the moment (analysis by Tradeville)
Local producers have further marked falls in revenues and profitability, failing to capitalize on the opportunities in international markets, where…
Romania’s emergency oil stocks set at 1.24 mln. toe
The levels of the emergency stocks for crude oil and petroleum products was set at about 1,24 million tons of…
Gheorghe: Petrom’s fuel sales exceeded the market average
Sales of gasoline and diesel increased by 5.6% in the first half of this year compared with the same period…
OMV Petrom dropped out 1,200 employees in the last 12 months, with reduced Upstream operations
OMV Petrom recorded a net profit of 408 million lei, after the first six months of the year, while procedeed…
Government unlocks RON 835 million for investments in energy production
The government decided on Wednesday to unlock the state aid scheme on which the energy producers can ask for getting a grant, appliable for the…
OMV Petrom Q2 output falls 2.2% over the previous year
The hydrocarbon production of Romania’s top oil and gas group OMV Petrom dropped during the second quarter by 2.2% on…
Konieczny, FP: Nevermind the Brexit – Hidroelectrica, OMV Petrom should list on LSE
Hidroelectrica and OMV Petrom should keep their plans and list at the London Stock Exchange in spite of the Brexit,…
Four companies have produced three-quarters of Romania’s electricity in 2015
Hidroelectrica, Nuclearelectrica, CE Oltenia, and OMV Petrom produced 74,47% ot the entire electricity delivered in 2015, a NARE report shows.…
Mariana Gheorghe, 10 years leading the largest oil and gas producer in South-East Europe
10 years ago, Petrom was the largest oil and gas company in Romania. It quickly became the leader of South-East…
European Commission made unannounced inspections at Transgaz, Romgaz and OMV Petrom
Inspectors from DG Competition, a European Commission structure, have conducted “unannounced inspections” at premises of Transgaz, Romgaz and OMV Petrom,…
