PETROM
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Romania OMV Petrom Jan-Sept Profit Drops 11%, to RON878M
Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, on Wednesday reported a net profit of RON878 million for the first three quarters, 11% lower than in the same...
Fondul Proprietatea Sells 59% Of Stake Held In Petrom Via BCR
Investment fund Fondul Proprietatea (FP.RO) on Monday sold 1.9 billion shares of the 3.3 billion shares owned in oil and gas company OMV Petrom (SNP.RO) through BCR brokerage division.
OMV Petrom Transfers 19 Onshore Oil Fields In Romania To Mazarine Energy
Oil and gas company OMV Petrom transferred 19 onshore oil fields in Romania, plus three workover rigs and associated crews, to Mazarine Energy SRL, a fully owned Romanian subsidiary of Mazar...
Petrom Shares Fall 6% On Bucharest Stock Exchange
Shares of oil and gas company OMV Petrom (SNP.RO) fell nearly 6% on Wednesday, trading at RON0.244 per share, from RON0.259 per share on September 22, before investment fund Fondul Proprieta...
Petrom Shares Fall 4% After Fondul Proprietatea Unveils Plan To Sell A Stake
Shares of oil and gas company OMV Petrom (SNP.RO) fell nearly 4% on Friday, trading at RON0.2480/0.2490 per unit, after investment fund Fondul Proprietatea said it would proceed with a parti...
OMV Petrom Profit Falls 83% in 2Q on Declining Oil Prices
Romania's largest company OMV Petrom (SNP.RO), majority owned by Austria's OMV, on Wednesday reported a net profit of RON117 million, down 83% compared with the same period last year, citing...
Gas Stations Generate More Revenue Than Drilling For OMV Petrom
OMV Petrom, the largest oil and gas group in Romania, went through a profound change of revenue structure last year, when its gas stations became the main revenue and profit generator, while...
Petrom: Average Gas Price/Liter In Romania 10% Lower On Year In 1Q/2016
The average price per liter of gasoline in Romania was 10% lower in the first quarter of 2016 than in the same period a year ago, while diesel price per liter was nearly 17% lower.
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...