PwC: Black Sea Natural Gas – Investments need to be made now
The subject of natural gas reserves in the Black Sea has been intensely debated in public space over time. The…
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OMV Petrom
Gal, ANRM: The process of entering the development and exploitation phase of the Black Sea gas must be accelerated
The process of entering the development and exploitation phase of the Black Sea gas must be accelerated, because after 2030…
OMV Petrom’s capitalization has increased more than 15 times in the last 20 years
OMV Petrom (SNP), the largest integrated energy company in South-Eastern Europe, has managed to increase its market value more than…
OMV Petrom launches Utilio.ro, digital platform for gas supply services for SMEs
OMV Petrom, the largest energy company in South-Eastern Europe, launches the utilio.ro platform through which corporate clients can conclude natural…
FP: Net profit of 1.8 bln. lei in H1, mainly due to OMV Petrom and Hidroelectrica
Fondul Proprietatea achieved a net profit of 1.8 billion lei in the first half of 2021 (H1), compared to a…
România Eficientă begins the energy renovation works at Elie Radu High School in Ploiești
România Eficientă (Efficient Romania), the largest private project of national interest dedicated to energy efficiency in buildings, carried out by…
OMV Petrom and Teraplast shares enter FTSE indices for emerging markets and strengthen Romania’s contribution
The shares of OMV Petrom and TeraPlast will be included, from September 20, in the FTSE Emerging Markets Index, joining…
Exxon launches U.S. shale gas sale to kick-start stalled divestitures
Exxon Mobil Corp has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to…
Petrom offers the vignette payment service for Bulgaria in its own gas stations
OMV Petrom, the leader of the Romanian fuel distribution market, has in several stations the service of paying the road…
Energy Minister: OMV can’t sell Petrom shares without the consent of the Romanian state
OMV cannot sell the shares from Petrom to another company without the consent of the Romanian state, wrote on Facebook…
OMV Petrom – net profit up by 13%, to 980 mln. lei in H1
OMV Petrom ended the first half of this year (H1) with a net profit of 980 million lei, up 13%…
Competition authorized the outsourcing of some services by OMV Petrom
Competition Council authorized the transaction through which OMV Petrom outsources some well intervention and repair services, operations related to oil…
OMV Petrom’s hydrocarbon production decreased by 3.7% in Q2
OMV Petrom’s hydrocarbon production in the second quarter of this year (Q2) was of 133,700 barrels of oil equivalent (boe)/day,…
OMV Petrom to invest EUR 70 mln. at Petrobrazi into new Coke Drums
OMV Petrom, the largest energy company in South-Eastern Europe, will invest approximately EUR 70 million at the Petrobrazi refinery, to…
OMV Petrom enters the liquefied natural gas distribution market
Bogdan Tudorache OMV Petrom, the largest energy company in South-Eastern Europe, has obtained a license to commercialize liquefied natural gas,…
Franck Neel: OMV Petrom has a new 2030 strategy, just received an LNG supply license
OMV Petrom works at a new 2030 strategy that will be revealed towards the end of this year, Franck Neel,…
Competition analyzes the outsourcing of services by OMV Petrom
The Competition Council analyzes the transaction through which OMV Petrom outsources some intervention and repair services to wells, operations related…
Efficient Romania: Budget of 2.2 bln. euro for the wave of buildings’ renovation in Romania
Government has allocated a budget of 2.2 bln. euro for the renovation of buildings through the National Recovery and Resilience…
Popescu: Law that prevents the privatization of Hidroelectrica, eliminated until July; offshore law, accelerated
Energy Minister Virgil Popescu announced that Romania intends to accelerate the process of eliminating the ban that prevents the sale…
Verchere: Neptune Deep, 4 years late; we hope that other projects will not suffer in the same way
The Black Sea gas extraction project, Neptun Deep, is four years late, and the Romanian authorities should amend the legislation…
OMV Petrom has completed the sale of Kazakhstan assets
OMV Petrom, the largest energy company in Southeastern Europe, announces the closing of the sale transaction for its 100% shareholding…
Nagy-Bege: We don’t have the luxury to postpone investments in Black Sea
Black Sea gas production must start in two to three years, otherwise it will be too late and we will…
OMV Petrom and Renovatio will install 40 fast charging stations for EVs
OMV Petrom and Renovatio will install, by the end of 2022, at least 40 fast and ultra-fast EVs recharging stations…