OMV Petrom

OMV Petrom is donating EUR 1 million to Red Cross Romania in the fight with the Coronavirus outbreak. The funds will be used to buy testing equipment for COVID-19 quick diagnosis. "During difficult times, like the one we are going…

OMV Petrom has announced finding a new gas deposit that can generate up to 500,000 cubic metres of gas in Oltenia region, Romania. The drill was dug near an already exploited deposit in Totea, Gorj county, up to 4,300 metres underground.…

ExxonMobil, involved in the Neptun Deep offshore project in the Black Sea together with OMV Petrom, is looking for a new partner, Government representatives say, quoted by some sources. The intention seems surprising, considering the US…

The Romanian Investor Relations Association (ARIR) has announced that OMV Petrom, the largest Romanian listed company in terms of market capitalization from Bucharest Stock Exchange (BVB), becomes ARIR associate member. “We are proud to…

Oil companies have to post simultaneously the price increase for fuels, so companies do not influence each other, given that the competition on the fuel market is low, a press release from the Competition Council informs on Monday. The…

OMV Petrom, the largest Romanian energy company, started new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. Two new wells will be drilled by the end of the year, requiring investments of over 30…

The Competition Council has launched, on Monday, the ‘fuel prices monitor’, an online platform which allows the consumers to find out the prices of the main fuel distribution networks, in view of leading to cheaper products, as CC President…

The tax-free price of petrol on the Romanian market has fallen below the European average, while the diesel fuel price is still higher by 2%, according to the latest data from the Oil Bulletin released by the European Commission. Since…

The current legal framework does not offer the needed premises for an investment decision worth billions in the Neptun Deep block, Petrom informs in the report on the first quarter. “We are still willing to see the Black Sea deposits…

Mastercard has announced on Wednesday that it is donating EUR 1 million for the construction of the first pediatric oncology hospital in Romania, a project by developed by Daruieste Viata Association. At the same time, Mastercard says…