R omania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in ...

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OMV Petrom has made an onshore gas discovery in Romania, which will help tackle the natural decline of its producing Totea gas field, located nearby. The Totea 4461 well was drilled to a depth of ...

Romanian energy major OMV Petrom has marked its entry into the renewable energy sector by completing two strategic acquisitions. The company has acquired a 50% stake in Electrocentrale Borzești ...

OMV Petrom has made a gas-condensate discovery that may be Romania’s most important onshore gas find in 6 years. HOUSTON, July 7-- OMV Petrom has made a gas-condensate discovery that may be ...

OMV Petrom has said it expected a decision around the middle of this year for the Neptun Deep gas project, estimated to cost around 4 billion euros ($4.32 billion).

OMV Petrom said capital expenditure this year is expected to rise by 70% to about 6 billion lei ($1.35 billion), ... "The decline can no longer be compensated by onshore fields.

Well tests proved a production potential of 180,000 cu m/d of natural gas and 25 cu m/d of condensate for a total of 1,300 ...

Romanian oil and gas group OMV Petrom is "closer than ever" to starting construction of its Neptun Deep gas project, its chief executive said on Thursday of the Black Sea resources she says are ...

Romanian oil and gas group OMV Petrom is "closer than ever" to starting construction of its Neptun Deep gas project, its chief executive said on Thursday of the Black Sea resources she says are key to ...