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

Romanian oil and gas company OMV Petrom has reported a 57% decline in its fourth-quarter adjusted operating profit, attributed to regulatory impacts on gas and power, and weaker commodity prices.

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

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

As global markets navigate a turbulent start to 2025, with U.S. stocks experiencing volatility due to AI competition fears and mixed corporate earnings, investors are keenly observing the Federal ...

In Romania, OMV’s majority-owned OMV Petrom SA is undertaking a project to build a plant to produce SAF and renewable diesel, as well as two green hydrogen facilities, at the Petrobrazi refinery.

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

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

- OMV continues to implement diversification strategy for gas supply sources and additional pipeline capacities, OMV head says ...