PETROM
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EBRD Sells Remaining Holding In OMV Petrom For EUR86.6M
The European Bank for Reconstruction and Development on Thursday said it has sold its remaining stake of 1.6% in Romania’s largest oil company OMV Petrom (SNP.RO) for 385.6 million lei (EUR8...
Unnamed Investor Plans To Sell 0.81% In Romanian OMV Petrom
A stake of 0.81% in Romanian dominant oil company OMV Petrom (SNP.RO) is being sold on the Bucharest Stock Exchange by an unnamed investor, market sources said Tuesday.
Petrom Drags Bucharest Bourse Down; Romgaz Inches Higher
The Bucharest stock market declined in early trade Wednesday, dragged down by OMV Petrom’s (SNP.RO) shares, but Romgaz (SNG.RO) was slightly higher in its second trading session.
Competition Council OKs Sale Of Petrom’s Gas Distribution Unit To Ligatne
Romania’s Competition Council on Tuesday said it has authorized the sale of natural gas distributor Petrom Distributie Gaze to Ligatne, a company controlled by Czech investment fund PPF Inve...
OMV Petrom 3Q Net Profit Up 47% To RON1.3B
Romania’s leading oil and gas company OMV Petrom (SNP.RO) Thursday reported a 47% increase in its third-quarter net profit to 1.27 billion lei (EUR286.7 million), helped by higher oil prices...
OMV: Petrom 3Q Gas Sales Up 22% On Year
Romanian leading oil company OMV Petrom (SNP.RO) reported a 22% annual increase in gas sales volumes to 11.24 terawatts per hour in the third quarter of 2013, but the margin level declined f...
Petrom CEO Mariana Gheorghe World's 27th Most Powerful Woman In Business - Fortune
Mariana Gheorghe, chief executive officer of Romania’s largest oil and gas company OMV Petrom (SNP.RO), is ranked the world’s 27th most powerful woman in business in a list compiled by U.S....
Upetrom Renounces Plans To Focus On Production Of Wind Turbine Parts
Romanian businessman Gabriel Comanescu, owner of the Upetrom group, has renounced plans to focus on the production of parts for wind turbines at the Upetrom 1 Mai plant in Ploiesti, which wi...
Exxon, Shell And Petrom Reach Deal With Ukraine To Drill For Black Sea Gas
Ukraine said Thursday that it has reached a preliminary hydrocarbon sharing agreement with a consortium comprising oil giants ExxonMobil and Shell, Romanian OMV Petrom (SNP.RO) and Ukrainian...