OMV
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OMV: No Intention To Sell Assets In Romania
Rainer Seele, chief executive officer of OMV and chairman of the supervisory board of OMV Petrom had his first meeting with the Romanian media on Tuesday to present the plans of the Austrian...
Austrian OMV Group To Focus On Russia And Iran After Its Profit Halved In 4Q/2015
Austrian OMV Group, which controls Romania's largest company OMV Petrom (SNP.RO), will be focusing on Iran and Russia, considering that the decline in oil prices affects the profitability of...
Former Petrom Exploration & Production Head Joins OMV Group
Johann Pleininger, 53, the former exploration and production, E&P, head of Romania’s largest public company OMV Petrom (SNP.RO) between 2007 and 2013, will step in E&P head with Austria’s OM...
Rainer Seele Steps In As OMV CEO, Petrom’s Board President
Rainer Seele, the new CEO of Austria’s OMV group, stepped in on Tuesday as president of the Supervisory Council of Romania’s only oil and gas producer Petrom (SNP.RO), replacing Gerhard Rois...
OMV Petrom Hydrocarbon Output Up 1% In 1Q
The hydrocarbon output of OMV Petrom (SNP.RO) rose 1% on the year in the first quarter, to 184,000 boe a day, the company said in a statement Thursday.
OMV Petrom Launches Its Own Coffee Brand
OMV Petrom (SNP.RO), the largest company in the local oil industry, is introducing a new product in the 153 OMV gas stations in Romania, after having gradually turned them into genuine servi...
OMV Booked EUR140M Provisions For Brazi Power Plant In 4Q
Austrian oil and gas group OMV booked provisions worth EUR700 million in the fourth quarter of 2014, out of which EUR340 million for the operations of Petrol Ofisi in Turkey and EUR140 milli...
OMV Reduces Investments Over Declining Oil Prices, Expects To Miss Production Target
Austrian oil and gas group OMV, owner of Romania's OMV Petrom (SNP.RO), announced Thursday it will cut back on its planned investments for the interval 2015-2017 due to declining oil prices...
Petrom Contributed EUR588M To OMV’s Profit In January-June
Austrian oil group OMV (OMV.VI) Tuesday said its Romanian arm OMV Petrom (SNP.RO) contributed EUR588 million to the group’s clean CCS earnings before interest and tax in the first half of 20...