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OMV PETROM

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OMV Petrom Crude Oil Production Down 13%, Natural Gas Production Down 12% YoY In 1Q/2022
Energy

OMV Petrom Crude Oil Production Down 13%, Natural Gas Production Down 12% YoY In 1Q/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 n...

Ecaterina Craciun · 08.04.2022 · 16:35 · 1 min
OMV Petrom Completes Its First Photovoltaic Park
Energy

OMV Petrom Completes Its First Photovoltaic Park

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 prod...

Ecaterina Craciun · 24.03.2022 · 12:41 · 2 min
OMV Petrom Budgets RON2.8B Profit and RON21B Revenues; Eyes RON4.4B Investments for 2022
Companies

OMV Petrom Budgets RON2.8B Profit and RON21B Revenues; Eyes RON4.4B Investments for 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-o...

Liviu Popescu · 22.03.2022 · 09:52 · 1 min
OMV Petrom Envisages 40% Higher Investments In 2022
Energy

OMV Petrom Envisages 40% Higher Investments In 2022

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

Ecaterina Craciun · 09.02.2022 · 13:17 · 1 min
OMV Petrom Sales Revenue Up 32% To RON26B, Net Profit Up 122% To RON2.9B YoY In 2021
Energy

OMV Petrom Sales Revenue Up 32% To RON26B, Net Profit Up 122% To RON2.9B YoY In 2021

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...

Ecaterina Craciun · 03.02.2022 · 14:14 · 2 min
Fondul Proprietatea Sells 4% In OMV Petrom For RON978M
Capital Market

Fondul Proprietatea Sells 4% In OMV Petrom For RON978M

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 (S...

Ecaterina Craciun · 20.01.2022 · 12:55 · 1 min
OMV Petrom Wants 10% of Local Solar Power Market at End-2030
Energy

OMV Petrom Wants 10% of Local Solar Power Market at End-2030

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,...

Roxana Petrescu · 15.12.2021 · 09:52 · 1 min
OMV Petrom Expands Its Recharging Stations Network For Electric Vehicles In South-Eastern Europe
Energy

OMV Petrom Expands Its Recharging Stations Network For Electric Vehicles In South-Eastern Europe

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.

Ecaterina Craciun · 14.12.2021 · 14:46 · 2 min
OMV Petrom Switches from Oil to Green Energy and Gas
Energy

OMV Petrom Switches from Oil to Green Energy and Gas

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.

Roxana Petrescu · 08.12.2021 · 10:35 · 1 min