The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales ...

Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing ...

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 ...

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.

In Romania, OMV’s majority-owned OMV Petrom SA is undertaking a project to build a plant to produce SAF and renewable diesel, as well as two green hydrogen facilities, at the Petrobrazi refinery.

The Romanian oil-and-gas group OMV Petrom announced a 57% drop in its adjusted operating profit for the fourth quarter on Tuesday.

Petrom has estimated oil and gas reserves of 1 billion boe, an annual refining capacity of 8 million metric tons and around 550 filling stations in Romania. Austrian OMV, the leading oil and gas ...

Romanian oil and gas company OMV Petrom has reported a 57% decline in its fourth-quarter adjusted operating profit, attributed to regulatory impacts on gas and power, and weaker commodity prices.