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

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 ...

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

(Reuters) -Austrian oil and gas group OMV missed expectations on Wednesday as it published first-quarter results, citing lower contribution from its Fuels & Feedstock and Energy divisions The ...

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

Romanian investment management company Globinvest listed the first ETF to track performance of the BET-EF index on Bucharest ...

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

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 ...