Results 551 - 575 from 683 for "petrom"
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New Economy Minister Wants Higher Royalties From Petrom Before 2014
03.02.2012
Lucian Bode, the man who has been running the Economy Ministry for about three weeks, overseeing the most valuable state-owned companies in Romania, says in his first media interview that one of the more
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Petrom: Romania May Break Free From Dependence Of Natural Gas Imports
02.29.2012
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its latest hydrocarbon discovery in the Black Sea could reduce or altogether eliminate the country’s dependence on gas imports. more
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How Come Petrom’s Profit Margins Are Higher Than ExxonMobil And BP’s?
02.24.2012
Petrom, the largest company in Romania, left the market in awe on Wednesday when it announced EUR887 million in net profit against EUR5.3 billion revenue. With these financial indicators, Petrom has more
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Petrom Takes Steps To Ensure 70% Profit Growth In 2012: Hikes Diesel Price To RON6/Liter
02.23.2012
One liter of diesel oil costs 6 lei (almost EUR1.4) at Petrom’s filling stations as of Thursday, a record high level, after the company raised the price by RON0.09 per liter. The gasoline liter is more
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OMV Petrom Is A Driver For Romania's Economy - CEO
02.22.2012
OMV Petrom (SNP.RO) is a pillar of stability and a trustworthy partner for Romania's economy, especially when it comes to the taxes paid, energy supply to consumers and investment, chief executive more
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Gas Price Regulation Might Strike At Investment - Petrom CEO
02.22.2012
Current gas prices in Romania create an unsustainable situation that could impact investment on this segment, including the activity of the thermal power producer built by OMV Petrom (SNP.RO) in more
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Petrom: Romania Gas Market Up 3% In 2011, Fuel Market Steady On Year
02.22.2012
Romanian natural gas market rose 3% to 14.2 billion cubic meters in 2011, helped by growing demand from industrial consumers, oil company OMV Petrom (SNP.RO) said Wednesday. more
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OMV Petrom, ExxonMobil Find Significant Gas Discovery In Black Sea Block
02.22.2012
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania Wednesday reported a significant gas discovery at their joint Domino-1 deepwater well in the Black more
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Petrom Cut Staff By 7% In 2011, To 22,912 Employees
02.22.2012
Romanian oil and gas group OMV Petrom (SNP.RO) on Wednesday said that its employee numbers dropped by 7% last year, to 22,912, reaching less than half of staff numbers seen in 2004, when the company more
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Petrom Sees RON404M Hedging Loss In 2011
02.22.2012
Romanian oil and gas group OMV Petrom (SNP.RO) on Wednesday said it recorded a loss of 404 million lei (EUR95.3 million) from hedging in 2011, compared to just RON6 million in the previous year, but more
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OMV Petrom To Pay Dividend On Record 2011 Profit
02.22.2012
Romanian oil company OMV Petrom (SNP.RO) on Wednesday announced it plans to pay dividend from the record profit achieved in 2011, while the investment budget for 2012 reaches over EUR1 billion. more
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OMV Petrom Reports 1% Rise In 2011 Hydrocarbon Production, To 67.77 Million Boe
02.22.2012
Oil company OMV Petrom (SNP.RO) on Wednesday reported that hydrocarbon production for 2012 rose 1% on the year, to 67.77 million barrels of oil equivalent (boe), due to the drilling of new wells and more
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OMV Petrom 2011 Net Profit Jumps 72% To RON3.76B
02.22.2012
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit rose 72% to a record 3.76 billion lei (EUR887 million) in 2011, fueled by higher crude oil prices and lower costs. more
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OMV Petrom Allots RON5M For Emergency Equipment
02.21.2012
Romanian oil company OMV Petrom (SNP.RO) on Tuesday announced it will give local authorities 5 million lei (EUR1.2 million) to buy emergency machinery and equipment. more
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Petrom Expected To Announce Record Profit. Shares Gained 30% Since Start Of The Year
02.21.2012
The largest company in Romania is expected to report a net profit ranging between EUR830 to EUR900 million on Wednesday, the largest ever made in the Eastern European country. more
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OMV Petrom, ExxonMobil Announce Hydrocarbon Discovery In Black Sea Well
02.03.2012
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania have found natural gas in a test drilling at the Domino-1 deepwater well in a joint Black Sea field, more
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OMV Petrom's Power Plant To Start Production In Second Half Of 2012
02.03.2012
The thermal power plant built by oil company OMV Petrom (SNP.RO) in southern Romania will most likely start activity in the second half of 2012, after technical difficulties, according to a news more
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OMV Books EUR120M Provision In 4Q For Petrom Fine
02.03.2012
Austrian oil and gas group OMV Friday said it booked a special charge of some EUR120 million in the fourth quarter of 2011, for the fine imposed by Romanian competition authorities to OMV Petrom more
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OMV Petrom Increases Gas Imports Amid Freezing Weather
01.30.2012
Romanian leading oil company OMV Petrom (SNP.RO) has increased natural gas imports to cover the growing demand on the local market due to below freezing temperatures, the company said Monday. more
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OMV Petrom Confirms Malfunctions At Brazi Power Plant
01.18.2012
Romanian oil and gas company OMV Petrom (SNP.RO) Wednesday announced malfunctions at the Brazi power plant it is building, thus confirming information previously published by MEDIAFAX. more
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Petrom Power Plant Launch Delayed For May - Sources
01.17.2012
The thermal power plant built by oil company OMV Petrom (SNP.RO) in central Romania will most likely be launched in May, with a six-month delay, because of technical difficulties, people close to the more
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Oil Companies Start Year With Consecutive Fuel Price Hikes
01.13.2012
Since the beginning of the year, namely in less than two weeks, gasoline and diesel fuel prices have grown by 3%, with the latest increase operated by OMV Petrom (SNP.RO), the largest company in the more
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20 Largest Employers Group 6% Of Romania's Total Workforce
01.11.2012
The 20 largest employers in Romania have almost 240,000 employees, or 6% of the country's workforce. more
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OMV Petrom To Battle Competition Council’s Fine
01.10.2012
Petrom group on Tuesday said it will challenge in court the fine received from Romanian competition authorities following a fuel market probe, saying the measure is unjustified. more
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Petrom, Rompetrol Shares Suspended Ahead Of Fuel Probe Report
01.10.2012
Shares in Romania’s largest two oil companies OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO) have been suspended from trading on the Bucharest stock exchange pending the results of an inquiry more