OMV PETROM
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Petrobrazi Refinery Can Provide Enough Fuel For Half Of Romania’s Vehicles
OMV Petrom (SNP.RO), the largest local oil company, can produce about 47% of the fuel Romania needs, following completion of the EUR600 million upgrade at its Petrobrazi refinery (Ploiesti)....
OMV Petrom CEO: Black Sea Gas Could Reach Other Countries If Volumes Big Enough
Black Sea gas could reach other countries, as well, OMV Petrom (SNP.RO) chief executive officer Mariana Gheorghe says.
Petrom: Romania Natural Gas Consumption Down 5% On Year In First Half
Romania’s natural gas consumption fell 5% on the year in the January-June period, while domestic demand for electricity was down 2%, according to estimates from the country’s largest oil and...
OMV Petrom Paid RON370M In 1H Extra Dues To State Budget
Romania’s biggest oil group OMV Petrom (SNP.RO) has paid some 370 million lei (EUR83.3 million) in additional taxes to the state budget in the first half of 2014, of which RON162 million on...
OMV Petrom 1H Net Profit Falls To RON1.38B
Romanian leading oil company OMV Petrom (SNP.RO) Tuesday said its net profit fell 42% to 1.387 billion lei (EUR312 million) in the first half, hurt by lower demand for oil and gas and fallin...
OMV Petrom Opens 3D Visualization Center
OMV Petrom (SNP.RO), the only local oil and gas producer, will step up exploration efforts to discover new oil and gas reserves. To that end it has completed a EUR0.5 million investment in a...
OMV Petrom Sells RON15.3M Worth Of Gas On The Commodities Exchange
Romania’s leading oil and gas company OMV Petrom (SNP.RO) yesterday sold natural gas worth 15.3 million lei (EUR3.5 million) on the Romanian Commodities Exchange, the market operator said in...
OMV Petrom Completes EUR600M Modernization Of Petrobrazi Refinery
Romanian leading oil and gas company OMV Petrom (SNP.RO), part of Austria's OMV, Thursday announced the completion of the modernization process of Petrobrazi refinery, following investments...
OMV Petrom Gas&Power Sales Fell 2.7% In 2Q/2014
Romanian leading oil and gas company OMV Petrom (SNP.RO) reported a 2.3% decline in natural gas and power sales volumes to 11.24 Terawatts per hour (TWh) in the second quarter of 2014, Austr...