PETROM
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OMV Replaces Gabriel Selischi At The Helm Of Petrom’s Upstream Activity
Austria’s OMV group, the majority shareholder of OMV Petrom has replaced Gabriel Selischi, who was in charge of Petrom’s Upstream activity, with German executive Peter Zeilinger, before the...
OMV Petrom Invests EUR18M In Modernization Of Fuel Terminal In Cluj
Romania's largest company OMV Petrom (SNP.RO) on Thursday said it invested EUR18 million in modernizing the fuel terminal in Cluj (north-western Romania), being the fifth modern fuel termina...
OMV Petrom Output Could Drop 4% On Lower Investments If Crude Prices Stay Low
A long-term market environment with low crude oil prices would prompt OMV Petrom (SNP.RO) to lower investments in upstream by 25-35% compared with 2014, which would lower its hydrocarbon out...
Romanian OMV Petrom Net Profit Slumps Nearly 60% In Jan-Sept
OMV Petrom (SNP.RO), Romania’s largest oil and gas company, Thursday reported a net profit of 991 million lei (EUR223.1 million), 59% lower than in the same period last year.
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...
OMV Petrom Seeks Secondary Listing in London
Shareholders of Romania’s largest public company OMV Petrom (SNP.RO) are called to vote on the secondary listing of the oil&gas producer’s shares in London.
OMV Petrom 2Q Net Profit More Than Doubles To RON691M
OMV Petrom, Romania’s largest oil and gas company, Wednesday reported a net profit of 691 million lei (EUR155.6 million) for the second quarter of the year, more than doubled from RON312 mil...
Economic Analysts: Petrom Profit Seen Up 15% In 2Q
Romania’s leading oil and gas producer OMV Petrom (SNP.RO), controlled by Austrian group OMV, is expected to post a net profit of almost 500 million lei in the second quarter of 2015, up 15%...
OMV Petrom To Build 10 Mobile Filling Stations By End-2015
Romania’s leading oil and gas producer OMV Petrom (SNP.RO), controlled by Austrian group OMV, will build ten mobile gas filling stations which will be located on A1 and A2 highways.