OMV PETROM
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ExxonMobil And OMV Petrom Start Drilling New Deep-Water Well In Black Sea
ExxonMobil Exploration and Production Romania, part of U.S. oil group ExxonMobil, and OMV Petrom, part of Austria's OMV, start deep-water drilling at the Domino-2 well in the Neptun Black Se...
OMV Petrom Launches New Business System For Gas Stations
Romania’s leading oil and gas company OMV Petrom (SNP.RO) started the implementation of a new business system in its gas stations network, aiming to diversify its range of products and servi...
Black Sea Depths Engulfed $1.3B Since Start Of Exploration Works By ExxonMobil And Petrom
The Black Sea depths have ‘swallowed’ more than $1.3 billion since the beginning of exploration works carried out by ExxonMobil in partnership with Romania’s largest company OMV Petrom (SNP....
OMV Petrom’s Kazakh Unit May Borrow Up To $200M From EBRD
The European Bank for Reconstruction and Development is considering a syndicated loan of up to $200 million to Kazakh Kom Munai LLP, a subsidiary of Romania’s leading oil and gas company OMV...
OMV Petrom To Assign Drilling Contracts Of Up To EUR205.5M
Romania’s leading oil company OMV Petrom (SNP.RO) plans to award drilling contracts worth between EUR13 million and EUR205.5 million at an auction scheduled for July 15.
Petrom Sees Loss From Power Business In 2014
OMV Petrom (SNP.RO), Romania’s largest corporation, expects its power business to generate a loss in 2014, while the demand for natural gas will further decrease, the company said in its fir...
OMV Petrom 1Q Net Profit Down 19% On Lower Sales
Romania’s largest oil and gas company OMV Petrom (SNP.RO) Tuesday said its first-quarter net profit fell 19% on the year to 1.07 billion lei (EUR241.5 million), due to higher fiscal burdens...
Petrom Sells Real Estate Assets
OMV Petrom (SNP.RO), the largest oil and natural gas producer in Romania, is selling about 70 pieces of property, such as land, apartments, corporate buildings, a sports center and a public...
Petrom Pays RON1.74B Dividend From 2013 Profit
Romania’s leading oil and gas company OMV Petrom (SNP.RO) approved a dividend payment of 1.745 billion lei (EUR393 million) from the 2013 net profit, 10% higher on the year, the company said...