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

Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing weaker commodity prices and the impact of gas and power regulations.

OMV Petrom has already installed PV systems on the rooftops of 40 gas stations in Romania. It entered the renewable energy sector in 2010 with the purchase of a wind farm. Romania is now ...

Petrom has estimated oil and gas reserves of 1 billion boe, an annual refining capacity of 8 million metric tons and around 550 filling stations in Romania. Austrian OMV, the leading oil and gas ...