04.26.2023

Romania’s largest oil company OMV Petrom (SNP.RO) on Wednesday secured approval from its shareholders to distribute RON2.3 billion from the RON10 billion net profit of 2022 as dividends. The gross more

04.24.2023

OMV Petrom, Romania’s largest oil company, has started general revision works at Petrobrazi, which will be carried out during six weeks and for which the company will earmark RON400 million. more

04.12.2023

OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Wednesday in a report that its total hydrocarbon production stood at 116,300 barrels of oil equivalent (boe) per day in the first more

03.20.2023

OMV Petrom (SNP.RO), the largest company in Romania, has budgeted RON40 billion revenue from sales in 2022, compared with RON55 billion in 2022 and the net profit should reach RON3.9 billion compared more

03.16.2023

OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer and the largest company listed on the Bucharest Stock Exchange (BVB), has called shareholders for April 26, when they are to vote on more

03.16.2023

OMV Petrom (SNP.RO) has signed a contract worth RON1.4 billion with natural gas transmission company Transgaz (TGN.RO) on Thursday (March 16) for the transmission of natural gas from the Neptun Deep more

03.16.2023

Romanian natural gas producer and supplier Romgaz (SNG.RO) has announced that its subsidiary, ROMGAZ BLACK SEA LIMITED, concluded on Thursday (March 16, 2023) a transmission framework agreement for more

02.23.2023

The Supervisory Board of OMV Petrom decided in its meeting of Feb 23 to extend the mandate of the company's Chief Executive Officer (CEO), Christina Verchere, by four more years, until April 16, 2027, more

02.02.2023

Amid soaring prices, especially at filling stations, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, boasted record high financial results in 2022. more

12.23.2022

OMV Petrom S.A. has announced in a stock market report the appointment of Katja Tautscher as interim member of the Supervisory Board effective as of 1st of January 2023 and until the next General more

12.19.2022

Law firm Filip & Company has assisted Fondul Proprietatea in selling its entire stake, consisting of 1.777.067.726 ordinary shares, held in OMV Petrom (SNP.RO) through an accelerated private placement more

12.14.2022

Fondul Proprietatea (FP.RO) sold its 2.8% in OMV Petrom (SNP.RO) in an about RON764 million transaction or RON0.43 per share, thus exiting the shareholder structure of the largest company on the more

12.13.2022

Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), announced the start of an accelerated bookbuilding offering of its entire stake in OMV Petrom (SNP.RO), Romania’s only more

11.28.2022

State-run national pipeline company Conpet Ploiesti (COTE.RO) notified the Bucharest Stock Exchange about the signing of a RON32.2 million contract with OMV Petrom (SNP.RO), Romania’s only oil and more

11.25.2022

Fondul Proprietatea (FP.RO) has slightly lowered its stake in OMV Petrom (SNP.RO) in the third quarter - July, August, September, by selling about 40 million shares on the Bucharest Stock Exchange, more

11.24.2022

OMV Petrom continues to promote energy efficiency of buildings and contributes EUR4 million to support a new phase of Romania Eficienta (Efficient Romania) program launched in 2019 in partnership with more

11.14.2022

Romanian oil and gas company OMV Petrom said on Monday (Nov 14) that it started the local production of AdBlue, a chemical used to reduce the nitrous oxide emissions of diesel engines, following an more

11.03.2022

OMV Petrom on Thursday announced the completion of the share capital increase operation, with the new level of RON6.23 billion, being registered with the Trade Registry. more

11.03.2022

OMV Petrom, the only local oil and gas producer, posted RON2.9 billion operating result on the gas and energy segment for the first nine months of 2022, almost seven times higher than in the more

10.28.2022

OMV Petrom (SNP.RO), the biggest company listed on the Bucharest Stock Exchange, reported record high financial results for the first nine months of 2022 amid rising fuel prices and higher electricity more

10.20.2022

OMV Petrom (SNP.RO), the only local oil and gas producer, has announced the completion of its share capital operation, which enabled it to raise RON446 million from investors, the company said in a more

10.12.2022

OMV Petrom, the largest integrated energy company in South-Eastern Europe, said in a stock market report on Wednesday (October 12) that it would invest almost EUR130 million in the next three years to more

10.07.2022

OMV Petrom, the largest integrated energy company in South-Eastern Europe, has successfully completed the transportation of four coke drums to Petrobrazi refinery. These will become operational in more

10.03.2022

OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE Oltenia), four photovoltaic (PV) parks with a total power more

09.19.2022

OMV Petrom, the largest integrated energy company in South-Eastern Europe, has installed photovoltaic panels in 110 OMV and Petrom filling stations in Romania and almost EUR3 million were invested in more