Romania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in Southeastern Europe's energy sector. Located approximately 70km north-east of the ...

Well tests proved a production potential of 180,000 cu m/d of natural gas and 25 cu m/d of condensate for a total of 1,300 ...

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Romania’s top oil and gas group OMV Petrom said on Thursday that it has discovered a new natural gas reservoir in Spineni, ...

OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new ...

The European Bank for Reconstruction and Development (EBRD) said on Monday that it has signed a 300 million euro ($351.6 million) senior revolving loan and a 100 million euro standby letter of credit ...