OMV PETROM
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Mariana Gheorghe: We Have 2,000 Middle Managers Who Could Take Top Position At Petrom
OMV Petrom (SNP.RO) has gone through a major transformation in the past few years and, but there is still a lot more to be done, as 1,500 projects are in the course of implementation, says M...
Petrom Names New Chief Financial Officer
OMV Petrom (OMV.RO), the largest company in Romania, will have a new chief financial officer as of next year after its current CFO Daniel Turnheim stepped down before the end of his term on...
OMV Petrom Invests EUR26M In New Fuel Terminal
Romanian OMV Petrom (SNP.RO), the largest oil and gas company in Southeastern Europe, opened Tuesday a fuel terminal in Isalnita, some 240 km west of Bucharest, following a EUR26 million gre...
Petrom: Our Biggest Wells Are In The Black Sea
The biggest of the 9,000 wells that OMV Petrom (SNP.RO) drills in 240 commercial oil and gas fields can be found in the Black Sea, an area that already generates 20% of the company’s hydroca...
Petrom’s Market Value Falls By EUR185M After 3Q Profit Decline
The 27% decline of OMV Petrom’s (SNP.RO) third-quarter net profit led to a 3.6% decrease in the past two days of its stock on the Bucharest exchange, erasing EUR185 million from the market v...
OMV Petrom Shuts Down Brazi Power Plant For Scheduled Overhaul
Romania’s dominant oil company OMV Petrom (SNP.RO), controlled by Austria’s OMV, will shut down its thermal power plant in Brazi for a scheduled maintenance between November 9 and November 1...
OMV Petrom's Hydrocarbon Output Slightly Down In 3Q
The oil and gas production of OMV Petrom (SNP.RO), Romania’s largest company, fell slightly in the third quarter compared with the year-earlier period, according to a trading statement of OM...
Sterling Resources Sells Portion Of Black Sea Block To ExxonMobil And Petrom
Sterling Resources, an oil and gas company operating in the Black Sea, Friday said it has signed a sale and purchase agreement with ExxonMobil Exploration and Production Romania and OMV Petr...
Romanian Government, OMV Petrom In Talks On Energy Royalty Rates
Romania’s Government and oil company OMV Petrom (SNP.RO) have recently started talks regarding royalty rates for oil and natural gas, Mariana Gheorghe, CEO of the company, said in an intervi...