OMV PETROM
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Petrom: Romania Needs Annual Investments Of EUR3-4B To Reduce Dependence On Energy Imports
Romania needs annual investments of EUR3 to EUR4 billion by 2030 to ensure its independence from energy imports, Mariana Gheorghe, Chief Executive Officer of leading oil company OMV Petrom (...
OMV Petrom: Gas Extraction In Romanian Black Sea Block Might Start In 2018
Gas extraction in the Romanian sector of the Black Sea is likely to start towards the end of the decade and the gas deposit might eliminate the country’s dependence on gas imports, Mariana G...
Franklin Templeton Fund Buys 0.044% In OMV Petrom For RON9.7M
An investment fund administrated by Franklin Templeton Investments has bought a total stake of 0.044% in OMV Petrom (SNP.RO) on the Bucharest Bourse Wednesday, for 9.7 million lei (EUR2.1 mi...
Franklin Templeton Fund Buys Another 0.05% Stake In OMV Petrom For RON11M
Templeton Frontier Markets Fund, managed by Franklin Templeton Investments, bought a 0.05% stake in OMV Petrom (SNP.RO) on the Bucharest Stock Exchange Thursday, for 11 million lei (EUR2.4 m...
Franklin Templeton Funds Buy 0.044% In OMV Petrom For RON9.6M
The investment funds administrated by Franklin Templeton Investments have bought a total stake of 0.044% in OMV Petrom (SNP.RO) on the Bucharest Bourse Wednesday, for 9.6 million lei (EUR2.1...
Petrom, Part Of Consortium Picked By Ukraine For Black Sea Exploration
Ukraine has selected a consortium formed of ExxonMobil, Shell, Romania’s OMV Petrom (SNP.RO) and Nadra Ukrainy national joint-stock company for hydrocarbon exploration in the Skifska field o...
Competition Watchdog Looks Into Petrom LPG Takeover By Crimbo Gas
Romania's Competition Council Tuesday said it is looking into the takeover deal of Petrom LPG, a subsidiary of Romania’s largest oil company OMV Petrom (SNP.RO), by Crimbo Gas International.
OMV Petrom Completes Trials Of Brazi Thermal Power Plant
OMV Petrom (SNP.RO) has completed the trials of its thermal power plant at Brazi, meaning the plant can begin supplying energy to the market, the company announced Thursday.
OMV Petrom Restarts Petrobrazi Refinery
Romania’s largest oil company OMV Petrom (SNP.RO) restarted its Petrobrazi refinery after a EUR100 million upgrade investment in its crude vacuum distillation unit, the company said in a sta...