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

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

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

Oil player Orlen, Central and Eastern Europe's largest company, says use of local suppliers is 'part of economic strategy' ...

Neptun Deep, which is expected to start producing in 2027, holds an estimated 100 billion cubic meters (bcm) of recoverable gas, making it one of the EU's most significant natural gas deposits.

Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, ...

The natural gas is expected to come from the Neptun Deep project in the Black Sea, according to Reuters’s sources. Neptun Deep is the largest natural gas project in the Romanian Black Sea and ...

The five-year deal for 15 terawatt hours of natural gas from the Neptun Deep project, which has not previously been disclosed, comes after Russia last month stopped delivering gas via Ukraine and ...