OMV PETROM
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OMV Petrom To Pay Up To RON31,100 Per Laid Off Employee
Romanian oil company OMV Petrom (SNP.RO) will pay compensation between 18,360 lei (EUR4,400) and RON31,100 for employees laid off, according to the public offering prospectus written as the...
OMV Petrom’s Unit Connects To Power Grid In Pre-run Tests
Romanian leading oil company OMV Petrom (SNP.RO) Tuesday said its cogeneration thermal plant in Brazi has successfully connected to the national power grid during a series of pre-run tests.
OMV Petrom Pays RON15M For Waste Removal Services
Romanian leading oil and gas company OMV Petrom (SNP.RO) will pay 14.7 million lei (EUR3.4 million) for waste removal services at eight storage facilities in the country, the company said in...
Basescu Meets Exxon Mobil, Petrom To Talk Black Sea Drilling Plans
Romanian President Traian Basescu met Thursday with a delegation from US Exxon Mobil and Romanian OMV Petrom (SNP.RO), to discuss the two oil companies’ investment plans for the blocks lease...
Oltchim Buys More Assets In Arpechim Refinery
Chemical plant Oltchim (OLT.RO) bought from oil company OMV Petrom (SNP.RO) another set of assets at the Arpechim refinery, to be used in petrochemistry activities.
OMV Lists Boycotts, Litigation, Antitrust Probe As Risks In Romania
Austrian oil and gas group OMV on Thursday listed a series of risks faced by Romanian OMV Petrom (SNP.RO), including gas station boycotts triggered by price hikes, litigation with past or cu...
Petrom Boosts Natural Gas Output
Romania's largest oil company OMV Petrom (SNP.RO) Thursday said it has increased natural gas production following investment in redevelopment at several mature reservoirs and the start of fi...
OMV Petrom Risks Losing Business Unless Exploration Licenses Renewed In September
Oil and gas company OMV on Thursday said it may face adverse conditions in Romania and its sales might decrease if mineral resources regulator ANRM fails to renew OMV Petrom's (SNP.RO) explo...
OMV Petrom Outsources Logistics To Gebruder Weiss In EUR9.6M Deal
Austrian transport and logistics firm Gebruder Weiss concluded a EUR9.6 million contract (plus VAT) with Romanian oil company OMV Petrom (SNP.RO), to supply hub operation and transport servi...