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.

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

The Bucharest Court of Appeal rejected on January 29 the request filed by Greenpeace on the environmental permit for the ...

OMV Petrom Group (BVB: SNP) reported a net profit of RON 4.2 billion for 2024, up 4% from RON 4 billion the previous year, ...

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

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

OMV Petrom said securing gas sales ahead of Neptun Deep's 2027 production was normal given the project's size. OMV Petrom and state-owned producer Romgaz, which own the Neptun Deep project in a 50:50 ...

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

Neptun Deep is the largest natural gas project in the Romanian Black Sea and the first deepwater offshore project in Romania, OMV’s Romanian business, OMV Petrom, says. First gas from the ...

“We are proud to be selected by OMV Petrom for the Neptun Deep project, which we see as a recognition of our commitment to delivering safe, sustainable and cost-effective solutions”, says Jan Erik ...

OMV Petrom said securing gas sales ahead of Neptun Deep's 2027 production was normal given the project's size. OMV Petrom and state-owned producer Romgaz, which own the Neptun Deep project in a 51 ...