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OMV PETROM

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Energy

OMV Petrom Eyes 6% Hike In Natural Gas Price

Romanian oil and gas company OMV Petrom (SNP.RO) on Friday said it wants to increase the price of locally made gas by some 6%, to 525 lei (EUR120) from RON495 per thousand cubic meters.

Andrei Cîrchelan · 30.09.2011 · 17:07 · 1 min
OMV Petrom Sees Romania’s Gas Import Prices Up To $545/1,000 Cbm
Energy

OMV Petrom Sees Romania’s Gas Import Prices Up To $545/1,000 Cbm

The price of natural gas imports from Russia will rise to $545 per thousand cubic meters in October, while Romanian authorities maintain the price of locally made gas at $160, Tuesday said H...

Andrei Cîrchelan · 27.09.2011 · 13:48 · 1 min
Romania Negotiates Buying Arpechim Refinery From OMV Petrom
Energy

Romania Negotiates Buying Arpechim Refinery From OMV Petrom

Romanian authorities want to buy the Arpechim Pitesti refinery from oil company OMV Petrom (SNP.RO), and the company is willing to start negotiations “as soon as possible”, according to a ne...

Andrei Cîrchelan · 09.09.2011 · 16:29 · 1 min
Energy

Dafora Medias Starts Drilling On E Romania Adjud Block

Dafora Medias (DAFR.RO) announced Tuesday that it has started drilling with the first rig on the Adjud block leased by US Hunt Oil in partnership with OMV Petrom (SNP.RO).

Andrei Cîrchelan · 30.08.2011 · 11:24 · 1 min
Petrom Gets 3-Year Extension For Onshore Exploration Rights
Energy

Petrom Gets 3-Year Extension For Onshore Exploration Rights

Romania’s agency for mineral resources ANRM has agreed to extend until September 2014 a series of exploration licenses for onshore fields granted to dominant oil company OMV Petrom (SNP.RO),...

Florentina Dragu · 24.08.2011 · 15:09 · 1 min
OMV Petrom Seeks Extension Of Onshore Exploration Rights Until 2014
Energy

OMV Petrom Seeks Extension Of Onshore Exploration Rights Until 2014

Romanian leading oil company OMV Petrom (SNP.RO) has requested the extension until 2014 of its exploration rights on several onshore fields, according to a document prepared by the National...

Florentina Dragu · 18.08.2011 · 13:24 · 1 min
Energy

OMV Petrom Awards EUR248M Onshore Drilling Contracts

Romania’s leading oil company OMV Petrom (SNP.RO) has awarded drilling contracts for eight onshore fields worth EUR248 million, value added tax excluded, the company said in a statement Mond...

Florentina Dragu · 08.08.2011 · 19:38 · 1 min
Petrom And ExxonMobil Bet Over EUR100M On Black Sea Bed
Energy

Petrom And ExxonMobil Bet Over EUR100M On Black Sea Bed

Romania's dominant oil and gas company Petrom and US giant ExxonMobil, the world’s largest oil company, are taking up the costliest bet ever made on Romania’s underground reserves: seeking h...

Roxana Petrescu · 22.07.2011 · 00:00 · 2 min
Energy

OMV Petrom Filed Complaint With ECHR Against Romanian Courts

Romanian oil company OMV Petrom in January filed a complaint with the European Court of Human Rights against Romanian courts, and is involved in a number of cases that, excluding those again...

Radu Bostan · 07.07.2011 · 17:33 · 2 min