Results 651 - 675 from 719 for "petrom"
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Bucharest Shares Hurt Indiscriminately By New Wave Of Declines
08.22.2011
On the Romanian bourse, both banks and companies in defensive industries have been hurt by the new wave of stock exchange declines. more
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OMV Petrom Seeks Extension Of Onshore Exploration Rights Until 2014
08.18.2011
Romanian leading oil company OMV Petrom (SNP.RO) has requested the extension until 2014 of its exploration rights on several onshore fields, according to a document prepared by the National Agency for more
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Petrom Negotiates 3-Year Extension On Romanian Exploration Permits
08.17.2011
OMV Petrom (SNP.RO), Romania’s leading oil and gas producer, will find out in less than a month whether it can still prospect for resources on 10 blocks, as negotiations with Romanian authorities more
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Petrom Posts Stronger Results Despite Falling Fuel Demand
08.11.2011
OMV Petrom (SNP.RO), the largest Romanian company, reported rising financial figures again though the market was characterized by shrinking fuel demand. Price hikes offset the consumption decline, more
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Government To Refund Petrom For EUR600M Eco-friendly Works Until 2034
08.10.2011
Romanian leading oil company OMV Petrom (SNP.RO) is poised to receive EUR600 million from the state for ecological works at its units until 2034, Chief Executive Officer Mariana Gheorghe said more
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OMV Petrom: Romanian Consumption To Pick Up In 2H
08.10.2011
Romanian macroeconomic outlook remains favorable for the second half of 2011, with domestic consumption bound to pick up toward year-end, according to estimates of dominant oil company OMV Petrom more
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OMV Petrom 2Q Net Profit Rises To RON903M
08.10.2011
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities rose 26% on the year to 903 million lei (EUR211.6 million) in the second quarter, mostly fueled by more
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OMV Petrom Awards EUR248M Onshore Drilling Contracts
08.08.2011
Romania’s leading oil company OMV Petrom (SNP.RO) has awarded drilling contracts for eight onshore fields worth EUR248 million, value added tax excluded, the company said in a statement Monday. more
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Richest Energy Companies In Romania Have EUR1.5B In Their Accounts
07.28.2011
Privatized energy distributors have in the past few years become some of the richest companies in Romania, with their profit margins climbing to over 20%, compared with margins of under 5% in the case more
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Fondul Proprietatea Willing To Help With Future Bourse Privatizations
07.28.2011
Greg Konieczny, manager of the EUR4 billion assets of Fondul Proprietatea, says Petrom’s offering had a “disappointing” result because it was not well structured. The fund’s official offered more
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Who’s To Blame For Petrom Offering Failure?
07.25.2011
The Romanian government’s offering to sell 9.84% in OMV Petrom (SNP.RO), the biggest transaction in the entire history of the Bucharest Stock Exchange, was almost invisible during the subscription more
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Ariton: Petrom Offering Will Resume In 1Q '12 At The Earliest
07.22.2011
Romanian Economy Minister Ion Ariton said the sale process of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO) will be resumed in the first quarter of 2012 "at the earliest." more
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Renaissance Blames Market Conditions For Petrom’s Failed Offering
07.22.2011
Romania’s unsuccessful attempt to sell a 9.84% stake in top oil company OMV Petrom (SNP.RO) at the desired price was due to difficult market conditions and low investor appetite, according to more
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Weak Demand Hinders Petrom Offering
07.22.2011
Romanian authorities will reschedule the sale of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), after a secondary public offering failed to raise enough interest from investors, the more
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Romania May Extend Petrom Bid Deadline Due To Low Uptake - Sources
07.22.2011
Romanian authorities might have to extend or even reschedule a secondary offering for a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), due to a low level of subscriptions, people familiar more
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OMV: Petrom Gas Sales Up 19% On Year In 2Q
07.22.2011
Romanian leading oil company OMV Petrom (SNP.RO) reported a 19% increase in natural gas sales to 1.05 billion cubic meters in the second quarter, from 0.89 billion cubic meters in the year-earlier more
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Petrom And ExxonMobil Bet Over EUR100M On Black Sea Bed
07.22.2011
Romania's dominant oil and gas company Petrom and US giant ExxonMobil, the world’s largest oil company, are taking up the costliest bet ever made on Romania’s underground reserves: seeking more
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Romania Adds Five Years To Petrom’s Lease On Neptun Block
07.20.2011
The drilling rights of oil company OMV Petrom (SNP.RO) on the Neptun block in the Black Sea have been extended by another five years, according to a Romanian Government decision issued Wednesday. more
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Economy Minister Confident Petrom SPO Will Be A Success
07.19.2011
Romanian Economy Minister Ion Ariton Tuesday estimated the state’s secondary offering in dominant oil company OMV Petrom (SNP.RO) will be entirely subscribed over the next days, saying he wasn’t more
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Petrom SPO To Be Resumed Next Year In Case Of Undersubscription
07.19.2011
The secondary listing of a 9.84% stake in oil company OMV Petrom (SNP.RO) will only be resumed next year if the state fails to sell at least 80% of the shares at the minimum price, Finance Ministry more
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Romania Sets Minimum Price At RON0.3708/Share In Petrom Offering
07.19.2011
The Romanian government on Tuesday set a minimum price of 0.3708 lei (EUR0.087) a share in a secondary offer through which it wants to sell 9.84% of oil company OMV Petrom (SNP.RO), Economy Minister more
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Small Investors Hardly Interested In Subscribing Petrom Shares
07.19.2011
More people were interested in buying or selling foreign currency and collecting their pensions on Monday than standing in line at those bank wickets where they can subscribe to the largest share more
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Renaissance Head: We Can Consider Petrom Offering Successful If It Makes Front Page News In FT
07.18.2011
Stephen Jennings, who runs Renaissance Capital, Russia’s largest investment bank and the lead manager of the OMV Petrom (SNP.RO) offering, Saturday said that for him the success of the deal was not more
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Condmag Wins RON12.5M Pipe Installation Deal With Petrom
07.15.2011
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Friday said it has won a 12.5 million lei (EUR2.9 million) contract to provide pipe installation and connection services to leading oil company more
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Romania’s Best-Kept Secret: Not Even Boc Knows Petrom’s Subscription Level
07.14.2011
The level of subscription to OMV Petrom’s (SNP.RO) offering, i.e. the number of shares that investors are interested in buying and the prices they pay, is the best-guarded secret in Romania at the more