Romania’s top oil and gas group OMV Petrom [<a href=" target="_blank">BSE:SNP] said it approved an investment budget of 8.1 ...

In case of deterioration of economic situation, we expect negative effects on demand and commodity prices, says company ...

Oil and energy producer OMV Petrom, one of the largest companies in Romania, saw its profits drop 24% compared to the same period last year, reaching RON 1.1 billion (EUR 220.9 million).  The company ...

Natural gas production from the Neptun Deep project, a major discovery in the Black Sea offshore Romania, is expected to ...

OMV Petrom and Romgaz, which own 50% of Neptun Deep, will drill a new exploration well in the offshore perimeter under the ...

BUCHAREST - Romanian hard-right politician George Simion, poised to win Sunday's presidential election first round re-run, ...

By Tristan Veyet (Reuters) -Austrian oil and gas group OMV said on Wednesday gas production in the Black sea is envisaged to ...

Despite a decline in operating results, OMV Petrom SA (FRA:XNE) maintains a strong financial position and advances its transition to sustainable energy.

These projects are part of Romania's efforts to enhance energy security and meet climate commitments by transitioning from coal-fired power generation.

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Simion also said he would like Romania to buy back a controlling stake in oil and gas group OMV Petrom, which has a key Black Sea offshore gas project in the works. He said Romania should control ...

These 466MWp solar projects, named Rovinari, Tismana 1, and Tismana 2, are being developed by a 50:50 partnership of OMV Petrom and CE Oltenia. They are part of Romania's efforts to enhance energy ...