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

HOUSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford” or the "Company”) announced today its results for the fourth quarter of 2024 and full year 2024.

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

Bulgarian real estate investment and asset management firm Lion's Head Investments said on Wednesday that it is entering the ...

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

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

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

OMV faces impacts from U.S. tariffs in certain areas, though its exposure in North America is relatively low, CFO Reinhard ...

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 ...

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

European stocks were just below the flatline on Tuesday, as global markets continue to monitor Donald Trump’s tariffs ...