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OMV Petrom reports 57% decline in quarterly profit
The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales ...
Reuters1y
OMV Petrom SA
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.
Romania's OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure
Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing ...