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 ...

OMV Petrom ups investment ... but regulation needed to speed up development Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching ...

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 ...

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

Amsterdam-based DRI, a renewables subsidiary of Ukraine’s DTEK, has signed a PPA with Romanian energy producer OMV Petrom in Romania. Under the terms of the agreement, OMV Petrom will purchase ...

Petrom has estimated oil and gas reserves of 1 billion boe, an annual refining capacity of 8 million metric tons and around 550 filling stations in Romania. Austrian OMV, the leading oil and gas ...

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