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PETROM

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OMV Petrom Increases Gas Imports Amid Freezing Weather
Energy

OMV Petrom Increases Gas Imports Amid Freezing Weather

Romanian leading oil company OMV Petrom (SNP.RO) has increased natural gas imports to cover the growing demand on the local market due to below freezing temperatures, the company said Monday...

Florentina Dragu · 30.01.2012 · 18:10 · 1 min
OMV Petrom Confirms Malfunctions At Brazi Power Plant
Energy

OMV Petrom Confirms Malfunctions At Brazi Power Plant

Romanian oil and gas company OMV Petrom (SNP.RO) Wednesday announced malfunctions at the Brazi power plant it is building, thus confirming information previously published by MEDIAFAX.

Andrei Cîrchelan · 18.01.2012 · 12:04 · 1 min
Oil Companies Start Year With Consecutive Fuel Price Hikes
Energy

Oil Companies Start Year With Consecutive Fuel Price Hikes

Since the beginning of the year, namely in less than two weeks, gasoline and diesel fuel prices have grown by 3%, with the latest increase operated by OMV Petrom (SNP.RO), the largest compan...

Roxana Petrescu · 13.01.2012 · 17:31 · 1 min
20 Largest Employers Group 6% Of Romania's Total Workforce
HR

20 Largest Employers Group 6% Of Romania's Total Workforce

The 20 largest employers in Romania have almost 240,000 employees, or 6% of the country's workforce.

Daniela Stoican · 11.01.2012 · 00:00 · 2 min
Energy

OMV Petrom To Battle Competition Council’s Fine

Petrom group on Tuesday said it will challenge in court the fine received from Romanian competition authorities following a fuel market probe, saying the measure is unjustified.

Andrei Cîrchelan · 10.01.2012 · 16:45 · 1 min
Petrom, Rompetrol Shares Suspended Ahead Of Fuel Probe Report
Capital Market

Petrom, Rompetrol Shares Suspended Ahead Of Fuel Probe Report

Shares in Romania’s largest two oil companies OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO) have been suspended from trading on the Bucharest stock exchange pending the results of an i...

Florentina Dragu · 10.01.2012 · 10:57 · 1 min
Romania In Advanced Talks With OMV To Buy Arpechim Refinery
Energy

Romania In Advanced Talks With OMV To Buy Arpechim Refinery

Romanian authorities are carrying advanced negotiations to purchase the Arpechim refinery from oil company OMV Petrom (SNP.RO), local officials in Arges County said Monday.

Florentina Dragu · 09.01.2012 · 15:57 · 1 min
OMV Petrom, ExxonMobil Start Drilling For Black Sea Oil
Energy

OMV Petrom, ExxonMobil Start Drilling For Black Sea Oil

Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania, the local unit of US giant ExxonMobil, have started drilling to extract oil from a joint...

Florentina Dragu · 09.01.2012 · 11:02 · 1 min
Capital Market

Erste: Petrom, Albalact To See The Greatest Price Hikes On Bucharest Bourse In 2012

Romanian oil and gas company OMV Petrom (SNP.RO) and dairy maker Albalact (ALBZ.RO) have the greatest potential for growth on the Bucharest bourse over the next 12 months, according to a rep...

Andrei Cîrchelan · 05.12.2011 · 14:36 · 1 min