06.06.2024

NN Pensii, Romania's largest Pillar II private pension fund and the leading investor at the Bucharest Stock Exchange, in April slightly reduced its exposure in OMV Petrom (BSE:SNP), the only oil and more

06.03.2024

OMV Petrom, Romania’s largest oil and gas company, is due to distribute on June 5, 2024, dividends worth RON2.6 billion from 2023’s net profit of around RON4 billion, in line with data aggregated more

05.31.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced in a stock market report on May 30 that it closed the acquisition of Renovatio Asset Management, owner of the more

05.20.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, commissioned a new crude oil tank, the largest in Romania, on the Petrobrazi refinery platform. more

05.10.2024

OMV Petrom, the largest integrated energy producer in Southeast Europe, and France’s Saint-Gobain, which owns several plants in Romania mainly producing building materials, have signed an agreement more

04.30.2024

OMV Petrom announced in its quarterly financial report it will withdraw from Georgia, a country where it signed a production sharing contract for the offshore Block II in the exclusive economic zone more

04.30.2024

OMV Petrom, Romania’s largest oil company, for the first quarter of 2024 reported RON1.4 billion net profit, down 6% from the year-earlier period, and RON8.5 billion turnover, 10% lower. more

04.24.2024

Romania’s largest oil and gas producer, OMV Petrom, will be testing a new carbon capture and utilization technology at the Petrobrazi refinery, starting in June. more

04.24.2024

Romania’s largest oil and gas producer, OMV Petrom, announced in a stock market report that its shareholders approved in their ordinary general meeting of April 24 the distribution of a gross more

04.09.2024

OMV Petrom, Romania’s largest oil and gas producer, announced total hydrocarbon production in Q1/2024 reached 111,700 barrels of oil equivalent per day (boe/d), up 1.5% from Q4/2023, but down 4% more

03.28.2024

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) in a stock market report on Wednesday (March 27) announced the conclusion of a contract worth RON105 million with OMV Petrom (SNP.RO), more

03.19.2024

OMV Petrom (SNP.RO), the largest oil company in Romania, has budgeted RON5.2 billion net profit for 2023, an increase of 31% on the 2023 figure, while sales should increase by 1% to RON33.3 billion. more

03.16.2024

The proposal of OMV Petrom's Executive Board for the distribution of dividends in the amount of RON2.5 billion for the financial year 2023, namely a gross dividend of RON0.0413/share, was approved by more

03.04.2024

OMV Petrom continues for the third consecutive year the partnership with the Medcorp Association and supports the implementation of the “Health in the Neighborhood” program with a budget of 8 more

02.26.2024

OMV Petrom, the largest integrated energy producer in Southeastern Europe, on Monday (Feb 26) announced the signing of two financing contracts through the National Recovery And Resilience Plan (NRRP) more

02.16.2024

The mandatory private pension funds in Romania (Pillar II) in 2023 increased by nearly 3% their ownership stake in OMV Petrom (SNP.RO), the sole oil and gas producer in Romania and the largest more

02.13.2024

OMV Petrom has for 2024 earmarked a budget of around EUR300 million for acquisitions, with the funds covering both deals signed in 2023 and set to be completed this year, as well as new takeovers, more

02.12.2024

Niculae Havrilet has notified OMV Petrom with a waiver of his mandate as a member of the company's Supervisory Board, starting February 12, 2024, Petrom announced in a stock market report on Monday more

02.07.2024

Romania's Competition Council is assessing the transaction through which OMV Petrom, the sole oil and gas producer in Romania and the largest integrated energy company in Southeast Europe, intends to more

02.01.2024

OMV Petrom announced its intention to distribute a gross dividend of RON0.0413/share for financial year 2023, namely a sum of around RON2.5 billion from last year’s net profit of RON4 billion. more

02.01.2024

OMV Petrom for 2023 reported sales revenues worth RON38.8 billion, 37% lower than in 2022, on falling commodity prices and sales volumes of electricity, only partially offset by rising sales of more

01.12.2024

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) in a stock market report on Friday (January 12, 2024) announced the conclusion of an agreement worth RON105.97 million with OMV Petrom more

01.08.2024

Law firm Tuca Zbarcea & Asociatii assisted OMV Petrom (SNP.RO) in the two of the most important “green” deals ever conducted in Romania, the acquisition of 50% in the largest wind farm project more

01.04.2024

Law firm Schoenherr si Asociatii SCA has advised Renovatio, an infrastructure asset owner, in a benchmark transaction with OMV Petrom, the largest integrated energy company in Southeast Europe, more

01.03.2024

OMV Petrom, the largest integrated energy company in Southeast Europe, has announced it will acquire from RNV Infrastructure a 50% stake in Electrocentrale Borzesti, which holds approximately 1 GW more