OMV Petrom, ExxonMobil Find Significant Gas Discovery In Black Sea Block

OMV Petrom, ExxonMobil Find Significant Gas Discovery In Black Sea Block

yesterday, 13:34

Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania Wednesday reported a significant gas discovery at their joint Domino-1 deepwater well in the Black Sea.

ZF NEWSRSS

more news

The Group Joins Forces With US Omnicom The Group Joins Forces With US Omnicom

Romanian communication holding The Group, held by entrepreneurs Zoltan Szigeti and Mihaela Nicola, has merged its operations with the

more
How The Heavy Winter Affected The Logistics Operators How The Heavy Winter Affected The Logistics Operators

Trucks snowed in by the side of the road or in parking lots, supply vehicles that cannot reach retail pharmacies, kiosks or convenience

more
Swiss Franc Deposits Generate 70% Yield During Crisis Swiss Franc Deposits Generate 70% Yield During Crisis

Deposits in Swiss francs generated gains of almost 70% for the customers who bet on this currency in 2008, when a franc was traded for

more
Fast Food Giant Subway To Open First Romanian Restaurant In April Fast Food Giant Subway To Open First Romanian Restaurant In April

US fast food giant Subway will launch its first restaurant in Romania in April, within the Palas complex developed in northeastern city

more
Lufthansa Group Flew Over 1 Million Passengers In Romania In 2011 Lufthansa Group Flew Over 1 Million Passengers In Romania In 2011

German airline Lufthansa and its partners, Austrian Airlines and Swiss, last year carried over 1.1 million passengers from and to

more
Good Start Of The Year For Furniture Market. Will It Last? Good Start Of The Year For Furniture Market. Will It Last?

Mobexpert, Elvila and kika, three of the large players in Romania’s furniture retail market, reported significant sale increases in

more
Only Five Of The Longest Road Bridges In Romania Were Built After 1989 Only Five Of The Longest Road Bridges In Romania Were Built After 1989

Fifteen of the longest twenty road bridges in Romania were built prior to the 1989 revolution, many of them in late nineteenth or early

more
Failure Of EU-Funded Human Resources Program Widens Deficit By EUR2.5M Per Day Failure Of EU-Funded Human Resources Program Widens Deficit By EUR2.5M Per Day

The “defective management” which prompted the European Commission to suspend financing for EU-funded human resources programs is

more
Power Outages Are Caused By Obsolete Power Lines, Upgrades Needed Power Outages Are Caused By Obsolete Power Lines, Upgrades Needed

The recent blackouts in Romania call attention to the fact that they are caused by faulty infrastructure, with two thirds of the power

more
Romanian Banking System Takes A Tentative Step Forward In 2011 Romanian Banking System Takes A Tentative Step Forward In 2011

The Romanian banking system, which consists of 41 banks, took a tentative step forward in 2011, managing to increase its assets by 3.5%

more

Editor's Choice

Job Hunting 2.0: One In Three Romanians Uses Social Media To Find A Job. How Facebook And LinkedIn Changed Traditional HR Tools Job Hunting 2.0: One In Three Romanians Uses Social Media To Find A Job. How Facebook And LinkedIn Changed Traditional HR Tools

“It’s become common practice for human resources professionals to include a screening of social media profiles in their evaluations of job applicants. And there are more and more cases where job recruitment is done exclusively via social media, and LinkedIn and Facebook are the main sourcing media,” says Sorin Faur, Human Resources & Outsourcing Services Director with fiscal consultancy company BDO.

Today's Story

OMV Petrom 2011 Net Profit Jumps 72% To RON3.76B

Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit rose 72% to a record 3.76 billion lei (EUR887 million) in 2011, fueled by higher crude oil prices and lower costs.

more