Tag: OMV Petrom

OMV Petrom’s daily hydrocarbon output dropped by 6 % in Q3 2019 – Romania, 09 October 2019

The largest Romanian oil and gas company OMV Petrom, a subsidiary of Austrian OMV Group, said that its oil and gas output in the third quarter of 2019 amounted to 150,000 barrels of oil equivalent per day, which is 6.25 % lower compared to the same period last year. Q3 hydrocarbon output dropped by Full […]

OMV Petrom announced new gas discovery – Romania, 08 October 2019

The largest Romanian oil and gas company OMV Petrom, a subsidiary of Austrian OMV Group, announced a new gas discovery located in Gorj county in Olteania region. The statement from the company said that investments in the new well and facilities amount to approximately 50 million euros. This sum Full article available for subscribers of Energy […]

Competition Council scoping OMV Petrom’s acquisition of Art Petrol – Romania, 03 September 2019

Romanian Competition Council is currently evaluating the takeover of local fuel retailer Art Petrol, which operates a network of eight petrol station in southern part of the country, by the largest Romanian oil and gas company OMV Petrom and how this transaction will affect the retail fuel market. Full article available for subscribers of Energy […]