Results 601 - 625 from 697 for "petrom"
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OMV Petrom 9-Mo Profit Doubles On Year To RON2.9B
11.09.2011
Oil group OMV Petrom (SNP.RO) on Wednesday reported a net profit of 2.921 billion lei (EUR694.5 million) for the first nine months of the year, doubled on the year, while sales rose 23% to RON16.224 more
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The Story Of Petromservice’s Insolvency
11.08.2011
Four years after Austria’s OMV paid EUR328 million to Sorin Ovidiu Vantu to take over Petromservice, two questions remain unanswered: why did the Austrian company pay so much to take over the more
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Analysts Believe 2011 To Be Petrom’s Most Profitable Year Ever
11.08.2011
Petrom (SNP.RO), the largest Romanian company, could post 780 million lei (EUR179.4 million) profit in the third quarter, analysts estimate. more
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OMV Petrom Starts Test Production At Totea Well
11.02.2011
Romanian dominant oil company OMV Petrom (SNP.RO) Wednesday said it started test exploitation of its Totea well in the southwestern region of Oltenia, which could prove to be the country’s most more
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OMV Petrom Acquired Maintenance, Transport Worth EUR100M In September
10.28.2011
Romanian oil and gas producer OMV Petrom (SNP.RO) acquired in September maintenance and transport services worth an approximate total EUR100 million, from subsidiaries of Austrian group Christof and more
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Battle Starts Over Romania’s Resources
10.28.2011
ExxonMobil hopes that along with Petrom, Romania’s largest company, it will join the exclusive club of prospectors of the sea depths, through their operations in the Neptun block in the Black Sea. more
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OMV Petrom 3Q Gas Sales Up 15% On Year To 840 Mln Cubic Meters
10.21.2011
Romanian oil and gas company OMV Petrom (SNP.RO) reported a 15% rise in third quarter natural gas sales, to 840 million cubic meters, from 730 million cubic meters in the same interval of 2010, but more
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OMV Petrom, Exxon To Drill First Wells In Black Sea This Winter
10.20.2011
Romanian dominant oil company OMV Petrom (SNP.RO) and US giant Exxon Mobil are scheduled to start drilling in the Black Sea this winter, while the first data on possible oil and gas discoveries will more
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Oil Price Decline Had No Effect On Fuel Prices In Romania
10.19.2011
The price of the oil barrel has fluctuated heavily in 2011; from a peak of $114.53 in April, it plunged to $76.39 at the beginning of October. This trend, however, did not induce any response in the more
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2011 Energy Investments: EUR2B In Wind Parks And First Gas-Fueled Power Station Since ’90
10.14.2011
Energy investments completed in Romania in 2011 make it the best of the past 20 years, as the value of new electricity projects is around EUR2 billion. more
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Gazprom, SOCAR To Battle Local Heavyweights For A Slice Of Romania's Fuel Retail Market
10.14.2011
Romania’s fuel distribution market caught the eye of international groups such as Gazprom or SOCAR, even though some 90% of local sales go to four major companies. more
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One Of The Most Influential Businessmen Makes First Public Appearance In A Decade
10.14.2011
Gheorghe Ionescu, one of the businesspeople closest in touch with what is going in Romania, has made his first public appearance in a decade, as he attended inauguration of the new Jilava plant of the more
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Black Gold Rush On Black Sea
10.13.2011
The success rate for deep hydrocarbon exploration is 10%-20%; the rest is risk in the billions of euros. This year, two international giants and Romania's largest oil and gas producer OMV Petrom more
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OMV Petrom Starts Commercial Operations At SE Romania Wind Farm
10.06.2011
Romanian dominant oil company OMV Petrom (SNP.RO) Thursday said it has commenced commercial operations at its wind farm in Dorobantu locality, in southern region of Dobrogea. more
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OMV Petrom Extends Oil Price Hedges Into 2012
10.06.2011
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said it has extended until 2012 its oil price hedges to protect its cash flow from the negative impact of potential lower oil prices. more
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OMV Petrom Should Not Raise Gas Prices At This Time - E.ON Romania
10.04.2011
E.ON Romania chief executive officer Frank Hajdinjak on Tuesday said now would not be a good time for oil and gas company OMV Petrom (SNP.RO) to raise natural gas price, since prices are already more
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Ieba Trust Cuts Petrom Target Price To RON0.45/Share, Keeps Buy Rating
10.03.2011
Romanian brokerage house Ieba Trust Monday cut by 6.2% its 12-month target price on Romanian leading oil company OMV Petrom (SNP.RO) to 0.45 lei (EUR0.1041) a share, but left its recommendation more
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OMV Petrom Eyes 6% Hike In Natural Gas Price
09.30.2011
Romanian oil and gas company OMV Petrom (SNP.RO) on Friday said it wants to increase the price of locally made gas by some 6%, to 525 lei (EUR120) from RON495 per thousand cubic meters. more
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Petrom Dismisses Reports Of Gas Stations Deal With NIS
09.29.2011
Romania’s leading oil company OMV Petrom (SNP.RO) Thursday dismissed reports regarding plans to sell 139 gas stations to Serbian peer NIS, controlled by Russian giant Gazprom. more
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Petrom In Talks With Gazprom-Held NIS To Sell About 130 Gas Stations
09.29.2011
OMV Petrom (SNP.RO), the largest Romanian company, is looking into the possibility of selling about 130 gas stations, almost one quarter of its entire network, to Gazprom's Serbian subsidiary, NIS. more
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OMV Petrom Sees Romania’s Gas Import Prices Up To $545/1,000 Cbm
09.27.2011
The price of natural gas imports from Russia will rise to $545 per thousand cubic meters in October, while Romanian authorities maintain the price of locally made gas at $160, Tuesday said Hilmar more
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Amid European Mayhem, Bucharest Bourse GM Pins Hopes On Transelectrica Offer
09.27.2011
Valentin Ionescu, the general manager of the Bucharest Stock Exchange (BVB), the main bourse operator on the Romanian capital market, is still hoping the government will put 15% in Transelectrica more
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OMV Petrom Marketing’s Capital Slashed By RON735.2M
09.20.2011
Romania’s leading oil company OMV Petrom (SNP.RO) will lower the share capital of its retail division OMV Petrom Marketing by 735.2 million lei (EUR171.6 million) to RON245 million, the company said more
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Romania Negotiates Buying Arpechim Refinery From OMV Petrom
09.09.2011
Romanian authorities want to buy the Arpechim Pitesti refinery from oil company OMV Petrom (SNP.RO), and the company is willing to start negotiations “as soon as possible”, according to a news more
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OMV Petrom Gets Three Year Extension On Exploration Of Nine Blocks
09.07.2011
The government on Wednesday announced it has extended by three years the exploration permits held by OMV Petrom on nine land blocks and one marine block, with a cumulated surface of 23,000 square more