Oil futures on Wednesday marked their lowest settlement prices of the year, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as the U.S.-China ...
Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...
The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales margins.
U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% tariff on Chinese imports and Beijing retaliated with measures of its own, ...
Despite significant declines in operating results, OMV Petrom SA (BSE:SNP) focuses on renewable energy expansion and shareholder returns.
OMV AG (OMVJF) reports a 31% increase in clean CCS operating results, while facing a decline in hydrocarbon production and refining margins.
Despite lower oil and gas prices, 2024 was a profitable year for OMV, even if profits were not quite as high as in the previous year. Overall, the ...
Romanian oil and gas group OMV Petrom reported a 57% slump in its fourth-quarter adjusted operating profit on Tuesday, citing ...
U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause, ...
Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...
OMV CEO Alfred Stern discusses the Austrian oil and gas firm’s full-year 2024 earnings, the impact of tariffs and says the ...
OMV Petrom's consolidated adjusted current cost of supplies (CCS) operating result declined by 32% to 5.729 billion lei in ...