Companies presented their dividend proposals and profitability estimates for this year*Finances attracted over 2.2 billion ...

Shell signed a contract with Bulgaria's government on Tuesday giving the oil major rights to explore for oil and gas in a field in the Black Sea. The contract will allow Shell to explore 4,000 square ...

(Alliance News) - Directa Plus PLC on Monday said it has secured a EUR1.6 million contract extension with OMV Petrom SA for the use of Directa's patented Grafysorber technology.

Graphene-based products business Directa Plus revealed on Monday that its environmental subsidiary had inked a €1.59m ...

Directa Plus subsidiary Setcar signed a 1.59 million-euro ($1.8 million) contract extension agreement with Romanian oil and gas company OMV Petrom, strengthening its strategic partnership in Eastern ...

The French Chamber of Commerce, Industry and Agriculture in Romania (CCIFER), which has some 600 member companies, has ...

Romania’s oil and gas group OMV Petrom (BVB: SNP) reported a 3.8% year-on-year decline in hydrocarbon production for the ...

As European markets grapple with the impact of new U.S. trade tariffs, which have dampened investor sentiment and led to a decline in major indices like the STOXX Europe 600, investors are ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil refinery at Kabaale ...

The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea, expecting to start production 2027. SNGN Romgaz SA and OMV Petrom SA have ...

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the first deep-water ...

Jointly owned by oil and gas group OMV Petrom and Romania's state-owned Romgaz, Neptun Deep holds an estimated 100 billion cubic meters of recoverable gas. OMV Petrom is majority-controlled by ...