Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…
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OMV Petrom
Franck Neel: Gas and electricity prices will fall this year
OMV Petrom expects a drop in gas and electricity prices starting next summer, but not at the levels of previous…
OMV Petrom has planned investments of 4 billion lei in 2022
In the fourth quarter of 2021, demand for OMV Petrom products has already returned to pre-pandemic levels. Against this background,…
Fondul Proprietatea sold 4% of OMV Petrom for about 1 billion lei
Fondul Proprietatea (FP) sold about 4% of its 7% package of OMV Petrom shares to investors, for about 978 million…
OMV Petrom’s gas production fell 14.5% in Q4
OMV Petrom’s gas production was 14.5% lower in the last quarter of last year (Q4) compared to the same period…
Petrobrazi Ploieşti Refinery, affected by a voltage variation
Several installations of the Petrobrazi Ploieşti refinery, owned by OMV Petrom, were stopped and restarted, due to a voltage variation…
OMV Petrom supports with 1.5 mln. euro the project “Minutes of flight, for hours of life”
OMV Petrom supports with 1.5 million euros the project “Minutes of flight, for hours of life”, carried out by the…
OMV Petrom: Employee remuneration is at competitive levels for the relevant oil and gas industry
The remuneration of OMV Petrom employees is at competitive levels for the relevant oil and gas industry and includes fixed…
Efficient Romania: From 2030, all new buildings could have zero carbon emissions
The European Commission proposes that, from 2030, all new buildings and those undergoing major renovation should have zero carbon emissions,…
Large-scale capping and compensation
The price of gas in suppliers’ offers for household consumers in Romania increased over 4-fold during September 2019 – November…
Efficient Romania: About 80% of buildings in Romania need energy renovation
The renovation rate of buildings in Romania remains very low, despite the huge need to increase their energy performance, say…
Franck Neel, OMV Petrom: In the next 10 years we will reposition our portfolio to gas, but we will also have 1 GW of renewables
OMV Petrom’s new strategy for 2030 includes an investment of 11 billion euros, with a strong focus on the energy…
OMV Petrom will invest in 100 e-charging stations in Southeast Europe by the end of 2022
OMV Petrom will be the first energy company with an electro-mobility infrastructure present in four countries in Southeast Europe, the…
Sources: Romgaz-Exxon deal for the Neptune Deep takeover, approved “without any problems”
Although it was postponed at the first shareholders’ call, which took place yesterday, the transaction by which Romgaz takes over…
Maximescu, OMV Petrom: We could have had gas from the Black Sea, instead we freeze in the Parliament Palace
Gas production in the Black Sea should have started this winter, if the authorities had adopted the legislation in time…
OMV Petrom doesn’t foresee any issues with gas supply for this winter
OMV Petrom doesn’t foresee any issues with gas supply for this winter The Romanian market will have enough gas to…
OMV Petrom plans to invest 11 bln. euro by 2030, as part of a new strategy
OMV Petrom will invest 11 billion euro by 2030 to reduce carbon emissions, this being the largest private investment plan…
Petrom has built 40 well gas-fired micro power plants
Petrom recently opened two small “gas to power” power plants and thus reached 40 such units, which provide about 65%…
ANRE has approved more than 40 MW of new capacities of Elawan and OMV Petrom
ANRE announced on Wednesday that it has approved the establishment of new energy capacities with a total installed capacity of…
OMV Petrom launches a new project for the development of digital skills of employees
OMV Petrom has launched a project to develop employees’ digital skills, “Digital Training Skill”, worth 2 million lei, co-financed by…
Verchere: Efficient Romania is the largest private project of national interest
The Efficient Romania Program is the largest private project of national interest, said today Christina Verchere, CEO of OMV Petrom,…
Auchan Romania and OMV Petrom have opened 100 MyAuchan stores in Petrom stations
Auchan Retail Romania and OMV Petrom continue the process of integrating the MyAuchan convenience stores into the existing commercial spaces…
Alexandru Maximescu (OMV Petrom): Gas resources are needed for the energy transition in Europe
OMV Petrom is a traditional O&G producer, but it is also looking towards the future, said Alexandru Maximescu, the Director…