06.22.2022

OMV Petrom (SNP.RO), Romania’s only oil and gas producer, on Wednesday said that, based on the authorization received from the Extraordinary General Meeting of Shareholders dated April 27, 2022, the more

06.14.2022

OMV Petrom (SNP.RO) the largest company on the Bucharest Stock Exchange, whose profitability is tied to the price of fuel, on Tuesday evening announced it would submit a proposal to shareholders to more

06.03.2022

Romania’s energy ministry on Thursday published a draft government decision stipulating the sale to the employees of energy company OMV Petrom (SNP.RO) of a package of shares representing almost 1% more

04.29.2022

In the context of the unprecedented high and volatile oil prices, generated by the Ukrainian war, and aid rising sales volumes, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, more

04.28.2022

Petrom shareholders, including Austria’s OMV (51%), Energy Ministry (20.6%), as well as Pillar II private fund pensions and Fondul Proprietatea, on Wednesday approved paying investors RON1.9 billion more

04.08.2022

Energy company OMV Petrom (SNP.RO) on Friday said its crude oil production dropped by 13% and its natural gas production by 12% year-over-year in the first quarter of 2022, mainly due to a natural more

04.07.2022

All the 400 Petrom petrol stations will have a MyAuchan proximity store integrated inside by end-2023, with the project initiated by the two giants, OMV Petrom and Auchan, being launched five years more

03.24.2022

OMV Petrom, the largest integrated energy company in South-Eastern Europe, said in a stock market report on Thursday said it commissioned its first photovoltaic park and the electricity produced will more

03.22.2022

Amid dwindling hydrocarbon output due to natural decline and the sale of some deposits, coupled by lower demand for natural gas, OMV Petrom has budgeted only 6% higher profit for 2022 year-on-year and more

02.09.2022

Energy company OMV Petrom has an investment budget of nearly RON4 billion for 2022, significantly higher than RON2.8 billion in 2021. more

02.03.2022

OMV Petrom (SNP.RO), the largest company listed on the Bucharest Stock Exchange in terms of capitalization, reported sales revenue of RON26 billion for 2021, up 32% year-over-year, and a net profit of more

01.20.2022

Romanian property restitution fund Fondul Proprietatea said in a stock market report Thursday morning that it had already sold 2.275 billion ordinary shares held by the Fund in OMV Petrom (SNP.RO), more

01.19.2022

Fondul Proprietatea (FP.RO) an issuer listed on the Bucharest Stock Exchange on Wednesday announced it would launch an accelerated bookbuilding offering of 1.7 billion ordinary shares held in OMV more

12.15.2021

At the level of 2030, the capacity of solar power projects in Romania is likely to hit 7,400 MW, five times higher than the current one, and OMV Petrom, Romania’s sole oil and gas producer, says it more

12.14.2021

OMV Petrom, the largest energy company in Southeast Europe, is expanding its network of recharging stations for electric vehicles in Moldova and Serbia, in Petrom and OMV filling stations. more

12.08.2021

OMV Petrom, Romania’s sole oil and gas producer, is radically changing its investment directions until 2030, with over half of the company’s budget set to go to green energy and gas. more

11.22.2021

French retailer Auchan continues its partnership with OMV Petrom and expands the network of MyAuchan stores in Petrom filling stations, which is set to reach 125 units until the end of 2021, as more

10.29.2021

OMV Petrom, the largest energy company in South-Eastern Europe, reached a turnover worth RON17 billion at the end of the first three quarters of 2021, up 13% from the year-earlier period, and its net more

10.28.2021

Flaros Suceava (FLAO.RO), a company specialized in leasing spaces, said in a stock market report that it sold shares in OMV Petrom (SNP.RO) and Evergent Investments (EVER.RO) worth RON5.03 million, more

10.08.2021

OMV Petrom, the largest energy company in South-Eastern Europe, on Friday reported a 10% decrease in the natural gas production in the third quarter of 2021 compared to the second quarter and a 15% more

09.17.2021

OMV Petrom, the largest energy company in South-Eastern Europe, made the first delivery of liquefied natural gas (LNG) to Damen Shipyards Mangalia, the largest shipyard in South-Eastern Europe. more

09.03.2021

“All my career I’ve worked in oil and gas sector only. All over the world. One of the key aspects in this industry is that one works with governments,” Christina Verchere, chief executive more

09.03.2021

OMV Petrom’s (SNP.RO) capitalization has increased by more than 15 times in the two decades since its listing on the Bucharest Stock Exchange and reached RON25 billion on Friday, while its shares more

08.23.2021

Shares of OMV Petrom (SNP.RO) and TeraPlast (TRP.RO) will be included, as of September 20, 2021, in FTSE indices for Emerging Markets, joining Banca Transilvania (TLV.RO) and Nuclearelectrica (SNN.RO) more

07.30.2021

OMV Petrom (SNP.RO), the largest company on the Bucharest Stock Exchange by capitalization on Friday announced it appointed Alfred Stern, the new chief executive officer of Austria’s OMV group, more