Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing ...

Romanian oil and gas company OMV Petrom has reported a 57% decline in its fourth-quarter adjusted operating profit, attributed to regulatory impacts on gas and power, and weaker commodity prices.

Romanian oil and gas group OMV Petrom reported a 57% slump in its fourth-quarter adjusted operating profit on Tuesday, citing ...

The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales ...

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. New ...

Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes ...

Romania's OMV Petrom is on track to later this year start development drilling at the Neptun Deep offshore project in the Black Sea as the operator pursues first gas from the 'game-changing' asset ...

Gas pump at a Valero gas station in Austin, Texas. Valero Energy Corp. is scheduled to release third quarter earnings later this week. Brandon Bell/Getty Images Gas prices saw a notable increase ...

Russia’s move to cut off energy supplies to Moldova and the demise of a gas transit deal with Ukraine have backfired on Moscow’s few remaining allies in Europe, particularly the pro-Russian ...

Why are the UK's gas stocks so low? Going into the fall, Britain's gas storage facilities were only a maximum of two-thirds full, compared to Germany and Poland, which had filled their tanks to ...