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

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

Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...

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

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

Abu Dhabi National Oil Co. and energy producer OMV AG are considering buying Canada’s Nova Chemicals Corp. and rolling it ...

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

OMV CEO Alfred Stern discusses the Austrian oil and gas firm’s full-year 2024 earnings, the impact of tariffs and says the company is “opening a new chapter” after recently terminating a gas supply ...

Dubai Abu Dhabi National Oil Company and Austria's OMV have confirmed ongoing negotiations to establish a new global ...

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...

Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.

U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause, ...