The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales margins.

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

Romanian oil and gas group OMV Petrom reported a 57% slump in its fourth-quarter adjusted operating profit on Tuesday, citing ...

Despite significant declines in operating results, OMV Petrom SA (BSE:SNP) focuses on renewable energy expansion and shareholder returns.

OMV CEO Alfred Stern discusses the Austrian oil and gas firm’s full-year 2024 earnings, the impact of tariffs and says the ...

Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...

The oil-and-gas company’s refining margin fell to $5.9 a barrel, compared with $9.9 a barrel a year ago.

OMV Petrom's consolidated adjusted current cost of supplies (CCS) operating result declined by 32% to 5.729 billion lei in ...

Dubai Abu Dhabi National Oil Company and Austria's OMV have confirmed ongoing negotiations to establish a new global ...

U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause, ...

Austria's OMV and Abu Dhabi National Oil Company (ADNOC) said on Friday that the companies are considering a potential joint ...

Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.