Latest news
OMV Petrom on track to exceed 2019 power output
OMV Petrom, Romanian arm of Austria's OMV, boosted its third-quarter power output on the year, spurred by higher spark spreads. Full-year generation is now on track exceed both 2019's level and the firm's 2020 target.
read more... 30/10/2020
OMV Petrom gets E&P license for Georgian Black Sea perimeter
Georgia’s Oil and Gas Agency has granted oil and gas exploration and extraction licenses to Romanian oil company OMV Petrom, a member of the Austrian OMV Group, Bm.ge reported.
read more... 29/06/2020
OMV in talks with UAE's Mubadala over $4.7bn Borealis stake
Austria’s OMV is in talks to buy a $4.68 billion stake in Borealis in a potentially record-breaking acquisition that would shift the state-controlled energy company’s focus to petrochemicals.
read more... 09/03/2020
Romania's OMV Petrom reports new gas discovery
Romania's top oil and gas group OMV Petrom said on Tuesday said it has discovered new hydrocarbon resources in Gorj county, in Oltenia region.
read more... 09/10/2019
Lukoil begins offshore drilling at its Romanian Black Sea perimeter
Lukoil, the third investor interested in the Romanian Black Sea gas (after OMV Petrom and Black Sea Oil and Gas controlled by investment fund Carlyle), will start drilling operations this autumn after obtaining the necessary permits, Economica.net reported.
read more... 25/07/2019