Oltchim privatization failed again
No investor of the four who have purchased the tender presentation for Oltchim has submitted a tender to purchase the…
Need to accelerate hydrocarbons exploring: Chevron, Exxon, OMV held talks with presidency
President Traian Basescu yesterday’s meeting with leaders of Western oil companies – Chevron , ExxonMobil and OMV is not at…
SOCAR wants to buy OMV gas stations in Turkey
The National Oil and Gas Company from Azerbaijan (SOCAR) wants to take over all the gas stations owned by OMV…
Erste: Royalties and taxes increases, risk and benefit for Petrom shares
###author### A new report issued by Erste Research estimates that Petrom share price will benefit from the increase in royalties,…
Petrom will start next year the construction of a second rig in the Black Sea
Petrom, the largest local company, shall start the works for the second exploration well at high depth from the Black…
Tough competition for Black Sea natural gas elusive reserves
Southeast Europe is hoping increased natural gas exploration in the Black Sea will help cut its dependency on Russian supplies,…
Transgaz and OMV lend 7.5 million euros to Nabucco
Romanian state-run natural gas transporter Transgaz and Austrian oil and gas company OMV AG will provide a loan of up…
OMV pays a record 2.65 billion dollars for Statoil North Sea oil fields
Norway’s Statoil has sold to OMV 19 percent of Gullfaks oil field, 24 percent of Gudrun and agreed optional cooperation…
OMV launches an international campaign to recruit 1.600 new employees
The international oil and gas company OMV has launched a major recruiting campaign to expand its exploring and production of…
Gerhard Roiss: Remember our core business – to search for oil and gas
author: Angelika Kramer OMV boss Gerhard Roiss increasingly turns to the Oil&Gas exploration. For electricity generation and gas stations there…
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