The five-year deal for 15 terawatt hours of natural gas from the Neptun Deep project, which has not previously been disclosed, comes after Russia last ... the first time. OMV Petrom, which is ...

Romania's OMV Petrom quarterly profit sinks 57% on weaker ... as Europe seeks new ways to boost energy security after cutting ties with Russia. Exclusive: OMV's Romanian business agrees to supply ...

This development follows Russia's cessation of gas deliveries ... a net exporter for the first time when production commences. OMV Petrom, with a majority stake owned by OMV and 20.7% owned ...

Romania's OMV Petrom is on track to later this year start development drilling at the Neptun Deep offshore project in the Black Sea as the operator pursues first gas from the 'game-changing' asset ...

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

MOSCOW, July 9. /TASS/. Austrian energy group OMV will continue to buy Russian gas under its long-term supply contract despite sanctions, Chief executive Alfred Stern said in an interview with the ...

Under the agreement, OMV Petrom will supply Moldova with 30 megawatts of electricity until Jan. 31, Energocom said in a statement. On Jan. 1, Russian energy giant Gazprom suspended natural gas ...

OMV AG is engages in the exploration ... of oil and gas in its five core regions of Central and Eastern Europe, Russia, the North Sea, Middle East and Africa, and Asia-Pacific.

TASS/. The Russian pipeline gas is generally twice cheaper for European consumers as compared to liquefied natural gas (LNG) prices, Chief Executive Officer of Austria’s OMV Rainer Seele said at ...