Despite significant declines in operating results, OMV Petrom SA (BSE:SNP) focuses on renewable energy expansion and shareholder returns.

Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing weaker commodity prices and the impact of gas and power regulations.

Feb 4 (Reuters) - Romanian oil and gas group OMV Petrom (ROSNP.BX), opens new tab reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing weaker commodity prices and ...

Romania's OMV Petrom is on track to later this year start development drilling at the Neptun Deep offshore project in the Black Sea as the operator pursues first gas from the 'game-changing' asset ...