Europe's defense stocks have risen by a weighted average of around 200% since Russia's full-scale invasion of Ukraine in February 2022, and so it is very likely they will pull back if a cease-fire is ...

The first IADC Geothermal Drilling Conference & Exhibition in Vienna, Austria will highlight challenges and opportunities in the upstream aspect of geothermal.

If Russian pipeline gas supplies to Europe resume, the volume of these supplies will be large-scale, but the entire logistics ...

Operator OMV Petrom says the Neptun Deep development is on schedule, as it details its importance to the company and the host ...

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

Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.

Romanian construction materials producer TeraPlast [BSE:TRP] said on Tuesday that it will acquire a 51% stake in local water ...

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 ...

Following the arbitration decision, OMV partially offset its claims amounting to €48 million ($50 million) against its ...

In the fourth quarter of 2024, the Austrian OMV sharply improved its net operating income, as it did not pay for part of the ...

Austrian oil and gas firm OMV on Tuesday reported full-year adjusted operating profit in line with expectations, as better ...