OMV PETROM
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OMV Petrom, CE Oltenia Set Off Construction Of Solar Parks; Total Investment Tops EUR400M
Romania's oil and gas group OMV Petrom announced in a press statement on Monday (Dec. 22) that, together with state-owned electricity producer Complexul Energetic (CE) Oltenia, it has initia...
OMV Petrom Commissions New Sulphur Recovery Unit at Petrobrazi Refinery in EUR45M Investment
OMV Petrom, the largest integrated energy producer in Southeastern-Eastern Europe, has announced the completion of an investment in the Petrobrazi refinery for a new sulphur recovery unit, w...
Government Extends All Onshore Licenses OMV Got Upon Privatization Of SNP Petrom, Gets 40% Rise In Royalties
Romanian government got a 40% increase in the royalties from its agreements with OMV Petrom (SNP.RO), but the impressive percentage only applies to a meager amount of RON765 million last yea...
OMV Petrom Set to Lay Off 10% of Headcount by 2027
OMV Petrom, the sole oil and gas producer in Romania, will reduce its headcount at group level by around 10% against the early 2025 level by 2027.
OMV Petrom Reports RON26.8B Sales, RON3.4B Profit for Jan-Sept 2025
OMV Petrom, Romania’s most important oil and gas producer, reported RON26.8 billion consolidated revenues for the first nine months of 2025, slightly up, by 1% from the year-earlier period....
OMV Petrom Shareholders Approve RON1.24B Special Dividend Payout
The shareholders of OMV Petrom, Romania’s sole oil and gas producer, on October 23 approved the distribution of a special dividend with a gross value of RON0.02 per share, the equivalent of...
Banca Transilvania and Petrom Ready RON2B Worth of Special Dividends Ahead of New Taxes
Banca Transilvania and OMV Petrom, two of the most liquid companies listed at the Bucharest Stock Exchange, are readying to distribute to investors special dividends worth almost RON2 billio...
OMV Petrom Steps Up on All Levels in Q3 vs Q2
OMV Petrom, Romania’s sole oil and gas producer, in the third quarter of 2025 registered total hydrocarbon output of around 105 thousand boe per day, a leap from 102 thousand boe/day in the...
OMV Petrom Enters PPA Market
With 2.5 GW of green energy under development, OMV Petrom, Romania’s sole oil and gas producer, is taking the next step and entering the market of PPAs, long-term green energy contracts.