OMV Petrom sees 21% profit dip in H1 2025
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
Romania's National Energy Regulatory Authority (ANRE) has granted the establishment authorization for the upstream supply pipelines essential for natural gas production.
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.
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
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.
Romania produced 219,000 tonnes of oil equivalent (toe) in January 2025, down 4.5% compared to the same period of the previous year.
OMV Petrom has finalized a transaction with NewMed Energy Balkan to advance exploration in the Han Asparuh offshore block in Bulgaria.
Imports of crude oil totaled 6.665 million toe during the period, 313,200 toe more than in January-November 2023 (+4.9%).
Rompetrol Rafinare announces a turnover of 3.57 billion dollars and losses of 66.7 million dollars in the first 9 months of the year.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
Rompetrol initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the timely completion of the maintenance and modernization.
Dairy giant Royal FrieslandCampina has reached an agreement to sell its Romanian operations, including the Napolact brand and production facilities in Cluj-Napoca.
OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.
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.