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Results 626 - 650 from 710 for "petrom"

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  • Black Gold Rush On Black Sea

    10.13.2011

    The success rate for deep hydrocarbon exploration is 10%-20%; the rest is risk in the billions of euros. This year, two international giants and Romania's largest oil and gas producer OMV Petrom more

  • OMV Petrom Starts Commercial Operations At SE Romania Wind Farm

    10.06.2011

    Romanian dominant oil company OMV Petrom (SNP.RO) Thursday said it has commenced commercial operations at its wind farm in Dorobantu locality, in southern region of Dobrogea. more

  • OMV Petrom Extends Oil Price Hedges Into 2012

    10.06.2011

    Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said it has extended until 2012 its oil price hedges to protect its cash flow from the negative impact of potential lower oil prices. more

  • OMV Petrom Should Not Raise Gas Prices At This Time - E.ON Romania

    10.04.2011

    E.ON Romania chief executive officer Frank Hajdinjak on Tuesday said now would not be a good time for oil and gas company OMV Petrom (SNP.RO) to raise natural gas price, since prices are already more

  • Ieba Trust Cuts Petrom Target Price To RON0.45/Share, Keeps Buy Rating

    10.03.2011

    Romanian brokerage house Ieba Trust Monday cut by 6.2% its 12-month target price on Romanian leading oil company OMV Petrom (SNP.RO) to 0.45 lei (EUR0.1041) a share, but left its recommendation more

  • OMV Petrom Eyes 6% Hike In Natural Gas Price

    09.30.2011

    Romanian oil and gas company OMV Petrom (SNP.RO) on Friday said it wants to increase the price of locally made gas by some 6%, to 525 lei (EUR120) from RON495 per thousand cubic meters. more

  • Petrom Dismisses Reports Of Gas Stations Deal With NIS

    09.29.2011

    Romania’s leading oil company OMV Petrom (SNP.RO) Thursday dismissed reports regarding plans to sell 139 gas stations to Serbian peer NIS, controlled by Russian giant Gazprom. more

  • Petrom In Talks With Gazprom-Held NIS To Sell About 130 Gas Stations

    09.29.2011

    OMV Petrom (SNP.RO), the largest Romanian company, is looking into the possibility of selling about 130 gas stations, almost one quarter of its entire network, to Gazprom's Serbian subsidiary, NIS. more

  • OMV Petrom Sees Romania’s Gas Import Prices Up To $545/1,000 Cbm

    09.27.2011

    The price of natural gas imports from Russia will rise to $545 per thousand cubic meters in October, while Romanian authorities maintain the price of locally made gas at $160, Tuesday said Hilmar more

  • Amid European Mayhem, Bucharest Bourse GM Pins Hopes On Transelectrica Offer

    09.27.2011

    Valentin Ionescu, the general manager of the Bucharest Stock Exchange (BVB), the main bourse operator on the Romanian capital market, is still hoping the government will put 15% in Transelectrica more

  • OMV Petrom Marketing’s Capital Slashed By RON735.2M

    09.20.2011

    Romania’s leading oil company OMV Petrom (SNP.RO) will lower the share capital of its retail division OMV Petrom Marketing by 735.2 million lei (EUR171.6 million) to RON245 million, the company said more

  • Romania Negotiates Buying Arpechim Refinery From OMV Petrom

    09.09.2011

    Romanian authorities want to buy the Arpechim Pitesti refinery from oil company OMV Petrom (SNP.RO), and the company is willing to start negotiations “as soon as possible”, according to a news more

  • OMV Petrom Gets Three Year Extension On Exploration Of Nine Blocks

    09.07.2011

    The government on Wednesday announced it has extended by three years the exploration permits held by OMV Petrom on nine land blocks and one marine block, with a cumulated surface of 23,000 square more

  • Dafora Medias Starts Drilling On E Romania Adjud Block

    08.30.2011

    Dafora Medias (DAFR.RO) announced Tuesday that it has started drilling with the first rig on the Adjud block leased by US Hunt Oil in partnership with OMV Petrom (SNP.RO). more

  • Petrom Gets 3-Year Extension For Onshore Exploration Rights

    08.24.2011

    Romania’s agency for mineral resources ANRM has agreed to extend until September 2014 a series of exploration licenses for onshore fields granted to dominant oil company OMV Petrom (SNP.RO), the more

  • 20 Most Profitable Companies In Romania Cumulate EUR1.77B In 2010 Earnings

    08.24.2011

    The 20 most profitable companies in Romania posted cumulated net profit of EUR1.77 billion in 2010, up 2.3% against the previous year, shows a Ziarul Financiar analysis of the financial statements more

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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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