The CCA operating result, excluding special items, was RON 3.8 billion (€747.1 million), a 20% drop year-on-year. This was mainly influenced by lower crude oil prices, though partially offset by higher refining margins.

Christina Verchere, CEO, OMV Petrom, said: "In a lower crude oil price environment, our nine-month results reflect the benefits of our business integration, with a positive impact from the increased refining margin. The value of integration was particularly visible in the third quarter, with improved performance in the Refining and Marketing segment, in addition to a return to a positive result in the Gas and Power segment".

Exploration and Production: The operating result for this segment, excluding special items, was RON 1.9 billion (€373.6 million), down from RON 2.4 billion (€471.9 million) in the similar 2024 period. This decline was attributed to a 14% reduction in crude oil prices. Production saw a 4.4% decrease due to the natural decline of fields, which was partly counteracted by capital expenditure and new wells. The production cost rose by 11% to $17.9 per barrel of oil equivalent, a consequence of foreign exchange effects and higher taxes.

Refining and Marketing: The CCA operating result stood at RON 1.8 billion (€353.9 million), compared to RON 2 billion (€393.3 million) in 2024. The performance was affected by the planned shutdown of the Petrobrazi refinery in May 2025 and supply challenges in the third quarter. The refining margin, however, increased by 12% to $10.9 per barrel, supported by favourable trends in diesel and petrol quotations. The refinery utilisation rate was 90%, climbing to 96% in the third quarter, surpassing the European average.

Gas and Power: This segment returned to profit, posting an operating result of RON 13 million (€2.6 million) following the deregulation of the electricity market. Total natural gas sales grew by 12% to 34.3 TWh. Production from the Brazi power plant was 3.1 TWh, equivalent to 9% of national production.