Oil edged higher after Saudi Arabia lifted prices for March loadings of all crude grades it exports amid surging premiums for Middle Eastern oil. The efficiency gains of DeepSeek's AI models startled ...
Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host country, Romania ...
The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales margins.
Despite significant declines in operating results, OMV Petrom SA (BSE:SNP) focuses on renewable energy expansion and shareholder returns.
OMV AG (OMVJF) reports a 31% increase in clean CCS operating results, while facing a decline in hydrocarbon production and refining margins.
U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% tariff on Chinese imports and Beijing retaliated with measures of its own, ...
Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.
Despite lower oil and gas prices, 2024 was a profitable year for OMV, even if profits were not quite as high as in the previous year. Overall, the ...
Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing ...
U.S. President Donald Trump suspended his threat of steep tariffs on Mexico and Canada on Monday, agreeing to a 30-day pause, ...
Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...
OMV CEO Alfred Stern discusses the Austrian oil and gas firm’s full-year 2024 earnings, the impact of tariffs and says the company is “opening a new chapter” after recently terminating a gas supply ...