The Austrian firm will become a global chemicals giant if Borouge and Borealis merge and Canada-based Nova is added to the ...

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

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

OMV AG (OMVJF) reports a 31% increase in clean CCS operating results, while facing a decline in hydrocarbon production and refining margins.

U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% tariff on Chinese imports and Beijing retaliated with measures of its own, ...

Oil futures fell Tuesday as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own. The oil-and-gas company's refining margin fell to $5.9 a ...

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

OMV Petrom's consolidated adjusted current cost of supplies (CCS) operating result declined by 32% to 5.729 billion lei in ...

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

The energy company's Clean CCS Earnings Before Interest and Taxes (EBIT) for the quarter were €1,375 million, aligning with the consensus of €1,381 million. OMV's Energy EBIT outperformed expectations ...

The Bucharest-listed company posted an adjusted operating profit of 955 million lei ($197.61 million), down from 2.24 billion ...

The oil-and-gas company’s refining margin fell to $5.9 a barrel, compared with $9.9 a barrel a year ago.