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

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

The Romanian oil-and-gas group OMV Petrom announced a 57% drop in its adjusted operating profit for the fourth quarter on Tuesday.

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

BRUSSELS, Jan 31 (Reuters) - The gas price cap introduced by the European Union during its 2022 Russian gas crisis will expire on Friday, having not been triggered since its inception. The cap ...

agreement is concluded for a period of 5 years, with an initial estimated contract value of USD 10 million for an estimated duration of 18 months. Commencement is anticipated in 2025. Soiltech will ...

New Delhi: Global natural gas markets are expected to remain tight in 2025 as demand growth surpasses supply expansion, according to the International Energy Agency's (IEA) latest quarterly Gas Market ...

Copyright 2025 The Associated Press. All Rights Reserved. Firefighters extinguish fire from a tanker that exploded in Suleja, Nigeria, Saturday, Jan. 18, 2025. (AP ...

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 ...

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 ...