PETROM
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Romgaz To Join OMV Petrom, ExxonMobil In Black Sea Project
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Wednesday signed an agreement with state-run natural gas producer Romgaz to potentially reassign a...
OMV Petrom 4Q/12 Gas Sales Up 56% On Quarter
Romanian leading oil company OMV Petrom (SNP.RO) reported a 56.3% increase in natural gas and power sales volumes to 14.44 terawatt-hours in the last three months of 2012 compared with a qua...
Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not
The analysts of Austrian group Erste Bank (EBS) have changed their opinion on the shares of oil company OMV Petrom (SNP.RO) after the Government announced it would levy tax on the additional...
Petrom Gains RON4B On Stock Exchange In A Month
The shares of Romanian oil-company OMV Petrom (SNP.RO) have returned to the spotlight after several major transactions have been sealed, in which significant stakes were transferred as cash...
Prospectiuni Wins EUR80M Contract To Seek Oil And Gas For Petrom
Prospectiuni (PRSN.RO), the geological prospecting company owned by Romanian businessman Ovidiu Tender, has won a EUR79.8 million contract for 2D and 3D onshore prospecting works for OMV Pet...
OMV Petrom, Expert Petroleum Sign Partnership For Production Enhancement
Romania’s leading oil and gas group OMV Petrom (SNP.RO) has signed a 15-year agreement with Expert Petroleum for production enhancement services on 13 small mature oil and gas fields located...
OMV Petrom Starts 3D Shallow Water Seismic Survey In Black Sea
Romania’s dominant oil and gas group OMV Petrom (SNP.RO) has started its first 3-D seismic campaign in the shallow water sector of Neptun block in the Black Sea, the company said in a statem...
Gazprom’s NIS Recruits Former Petrom Executives To Build Romanian Management Team
Serbian group NIS, controlled by Russian giant Gazprom, has recruited several former executives of local oil companies this year, especially from OMV Petrom (SNP.RO), to build a management t...
OMV Petrom, ExxonMobil Begin Large 3D Seismic Survey In Black Sea
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania have started a large 3-D seismic survey in the Black Sea, Petrom said in a statement Wedne...