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OMV PETROM

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OMV Petrom Sales Down 24% In 2020
Energy

OMV Petrom Sales Down 24% In 2020

Sales of Romania's sole producer of oil and gas OMV Petrom, via its 560 filling stations, fell 24% on the year in 2020. By volume, each filling station sold 7% less fuel.

Ecaterina Craciun · 25.05.2021 · 12:20 · 1 min
OMV Petrom Closes Sale of Assets in Kazakhstan to Focus on Black Sea Region
Companies

OMV Petrom Closes Sale of Assets in Kazakhstan to Focus on Black Sea Region

OMV Petrom, the largest energy company in Southeastern Europe, said Monday its has closed the sale of its production assets in Kazakhstan to focus its regional expansion towards the Black Se...

Oana Gavrila · 17.05.2021 · 11:32 · 1 min
Franck Neel, OMV Petrom: Black Sea Gas Reserves Total 200B Cubic Meters; Regional Competition Grows
Energy

Franck Neel, OMV Petrom: Black Sea Gas Reserves Total 200B Cubic Meters; Regional Competition Grows

If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes c...

Oana Gavrila · 12.05.2021 · 18:45 · 2 min
OMV Petrom Ready to Take on Operator Role if Romgaz Gets Neptun Deep Block, CEO Says
Energy

OMV Petrom Ready to Take on Operator Role if Romgaz Gets Neptun Deep Block, CEO Says

OMV Petrom Group has all the necessary expertise and is ready to take over the operator role of the Neptun Deep block in the Black Sea after US’ ExxonMobil left, in case the bid submitted by...

Loredana Frățilă-Cristescu · 05.05.2021 · 10:06 · 1 min
OMV Petrom Sales Drop 20% To RON4.8B, Net Profit Falls 12% To RON573M YoY In 1Q/2021
Energy

OMV Petrom Sales Drop 20% To RON4.8B, Net Profit Falls 12% To RON573M YoY In 1Q/2021

OMV Petrom, Romania's sole producer of oil and gas, ended the first quarter of 2021 with sales of RON4.8 billion, down 20% on the year, and a net profit of RON573 million, down 12% on the ye...

Ecaterina Craciun · 29.04.2021 · 10:30 · 2 min
OMV Petrom Assessing Sustainable Energy Projects
Energy

OMV Petrom Assessing Sustainable Energy Projects

OMV Petrom, Romania's sole producer of oil and gas, will provide a strategy update in the second half of this year in a move towards green energy.

Oana Gavrila · 28.04.2021 · 16:01 · 1 min
OMV Petrom to Pay RON1.76B in Dividends from 2020 Profit and Reserve
Energy

OMV Petrom to Pay RON1.76B in Dividends from 2020 Profit and Reserve

OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, Received shareholder approval Tuesday to pay dividend...

Oana Gavrila · 27.04.2021 · 16:57 · 1 min
OMV Petrom Hydrocarbon Output Drops 7.5% YoY in 1Q/2021
Energy

OMV Petrom Hydrocarbon Output Drops 7.5% YoY in 1Q/2021

OMV Petrom (SNP.RO), the largest Romanian oil and gas company, said Thursday in a report its total hydrocarbon production stood at 138,900 boe/day in the first quarter of 2021, down 7.5% com...

Oana Gavrila · 09.04.2021 · 13:05 · 1 min
OMV Petrom Seeks to Pay 136% of 2020 Profit as Dividends
Energy

OMV Petrom Seeks to Pay 136% of 2020 Profit as Dividends

OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, has summoned shareholders on April 27 to approve the...

Oana Gavrila · 17.03.2021 · 18:48 · 1 min