The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales margins.

Romanian oil and gas group OMV Petrom reported a 57% slump in its fourth-quarter adjusted operating profit on Tuesday, citing ...

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...

Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...

The oil-and-gas company’s refining margin fell to $5.9 a barrel, compared with $9.9 a barrel a year ago.

The Bucharest-listed company posted an adjusted operating profit of 955 million lei ($197.61 million), down from 2.24 billion ...

Despite significant declines in operating results, OMV Petrom SA (BSE:SNP) focuses on renewable energy expansion and shareholder returns.

OMV CEO Alfred Stern discusses the Austrian oil and gas firm’s full-year 2024 earnings, the impact of tariffs and says the company is “opening a new chapter” after recently terminating a gas supply ...

OMV Petrom's consolidated adjusted current cost of supplies (CCS) operating result declined by 32% to 5.729 billion lei in ...

OMV has resumed exploration activities in Libya's Sirte Basin after a 13-year hiatus, signaling renewed confidence in the ...

Dubai Abu Dhabi National Oil Company and Austria's OMV have confirmed ongoing negotiations to establish a new global ...

Austria's OMV and Abu Dhabi National Oil Company (ADNOC) said on Friday that the companies are considering a potential joint ...