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…
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OMV Petrom
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,…
Petrom pays dearly for Oil Terminal services
Oil Terminal will receive in the next 12 months approximately 31.5 million lei for storage of crude oil and oil…
Oil consumption increased by 4% last year, mainly satisfied by imports
In Romania were consumed last year over 11.2 million tons of crude oil, with about 4% higher than in 2014,…
OMV Petrom ends earlier the contract to increase production with Petrofac
OMV Petrom closed earlier the contract with Petrofac in order to increase production from Țicleni area, Gorj county, according to…
OMV Petrom posts its first anual loss – 690 million RON
The collapse of global oil prices has hit the results of OMV Petrom in 2015. The group’s integrated business model…
OMV Petrom proposes an 1 billion lei lei investment in a gas condensing plant
OMV Petrom auctions a contract that could reach a value of nearly 1 billion lei to build a gas condensing…
Daniel Apostol, ROPEPCA: Refining grants OMV Petrom the necessary balance in a difficult period for crude extraction
OMV and Gazprom are negotiating an asset exchange involving operations in Romania controlled by the Austrian company through OMV Petrom,…
