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

OMV Petrom and Romgaz, which own 50% of Neptun Deep, will drill a new exploration well in the offshore perimeter under the commitments included in the concession contract, according to Profit.ro ...

Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 billion (EUR 562.6 million) for the 2024 financial year, as well as the ...

April 25 (SeeNews) - Romania’s top oil and gas group OMV Petrom [BSE:SNP] said it approved an investment budget of 8.1 billion lei ($1.852 billion/1.627 billion euro) for 2025, more than 20% higher ...

One stock to keep an eye on is OMV (OMVKY). OMVKY is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 8.03. This compares to its industry's ...

Eurosceptic Simion Hopes to Ride Wave of Anger to Victory in Romanian Election By Luiza Ilie BUCHAREST (Reuters) - Eurosceptic George Simion will get a second shot at becoming Romania's president ...

Simion has also said Romania should buy back the controlling stake in oil and gas group OMV Petrom from Austria's OMV. Petrom and state gas producer Romgaz are working on an offshore gas project ...

Austrian oil-and-gas group OMV announced on Wednesday that gas production is expected to begin in the Black Sea in 2027 as part of their Neptun Deep Project.