Tag: OMV Petrom

OMV Petrom proposes the same dividend as a year before – Romania, 18 March 2021

The largest Romanian oil and gas company OMV Petrom proposed a payout of gross dividend for 2020 in the amount of 0.063 eurocents per share. The dividend yield is 7.6 % at yesterday’s closing price of 0.08 euros per share. The total value of dividends amounts to some 360 million euros, the same a Full […]

OMV Petrom signed production sharing contract for offshore block in Georgia – Romania, 11 March 2021

The largest Romanian oil and gas company OMV Petrom, a part of Austrian OMV Group, announced that it has signed a production sharing contract for offshore block II in the Georgian part of the Black Sea. CEO of OMV Petrom Christina Verchere said that by signing the contract for the offshore explor Full article available […]

OMV Petrom remains cautious in planning investments for 2021 – Romania, 17 February 2021

The largest Romanian oil and gas company OMV Petrom earmarked capital expenditures of less than 600 million euros for this year, half the budget planned for 2020, but only marginally below the actual investments realized last year. According to the company’s CFO Alina Popa, approximately 370 mill Full article available for subscribers of Energy NEWS […]