Oil major OMV Petrom and NewMed Energy Balkan have signed a rig contract for drilling two offshore exploration wells in the Bulgarian Black Sea.
OMV Petrom recorded a hydrocarbon production of 102,200 barrels of oil equivalent (boe) per day in Q2 2025.
Oil major OMV Petrom has announced a significant natural gas discovery in Spineni, approximately 70 km north-east of Craiova, southern Romania.
OMV Petrom announced a significant step towards sustainable aviation fuel (SAF) production, having secured a crucial feedstock for its Petrobrazi refinery.
OMV Petrom is expanding its electric mobility infrastructure by adding rapid charging services for electric trucks, with 400 kW charging stations in its network.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
Oil major OMV Petrom and state-owned Complexul Energetic Oltenia (CE Oltenia) have signed contracts to design and execute four photovoltaic parks in Romania.
OMV Petrom has finalized a transaction with NewMed Energy Balkan to advance exploration in the Han Asparuh offshore block in Bulgaria.
The contracts involve Expro's subsea landing string, SeaCure cementing technology, tubular running services and Coretrax Advance drilling tool.
With the €750 million investment, OMV Petrom integrates the production of sustainable fuels at Petrobrazi together with two green hydrogen units.
In the Exploration and Production segment, the operating result excluding special items was RON 3 billion, down by 29%.
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
With an installed capacity of approximately 710 MW, the photovoltaic parks acquired by OMV Petrom are among the most important projects of this type in South-Eastern Europe.
The transaction was closed in October 2024, coinciding with the completion of the previously announced sale by Renovatio of 50% of the shares of Electrocentrale Borzești.
Increased and accelerated low and zero carbon projects: ~2.5 GW renewable power capacity (including partnerships) and over 5,000 EV charging points by 2030.
OMV Petrom is building a facility for the production of sustainable aviation fuels (SAF) and renewable diesel (HVO[1]) and two facilities for the production of green hydrogen.
Saint-Gobain Romania and OMV Petrom sign an agreement for the purchase of electricity from renewable sources for all Saint-Gobain facilities at local level.
Mozaik Investments has announced the acquisition of a majority stake in Genesis College, one of Romania's largest private educational institutions.
Romanian energy producer Romgaz Group has released its preliminary operational results for H1 2025, showing a largely stable performance compared to the same period in 2024.
T2Y Capital, a financial investor focused on growth capital in the energy sector, is investing in Prime Batteries, making it the second-largest shareholder.
Orange Romania recorded a consolidated turnover of €684 million in H1 2025, a 2.1% decrease compared to the same period last year.
Citi Romania has implemented three GenAI tools for its employees, as part of a significant global investment designed to simplify workflows and streamline daily tasks.