OMV Petrom net profit dropped by 21% in the first half of 2025 against the same period of 2024, to RON2.08 billion, while sales revenues shrank by 1% to RON17 billion, reveals the company’s financial report published at the BVB.
OMV Petrom, the largest energy producer in Southeastern Europe, and NewMed Energy Balkan, a subsidiary of NewMed Energy, announce the signing of a rig contract for the drilling of two offshore exploration wells in the Black Sea, offshore Bulgaria.
OMV Petrom, Romania’s sole oil and gas producer, for the first quarter of 2025 reported RON9 billion sales, up 5% from the year-earlier period, while its net profit declined by 24% to RON1.07 billion.
Romania's Competition Council approved the transaction through which OMV Petrom S.A. had taken over the companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA.
Romania's Competition Council is assessing the transaction through which OMV Petrom S.A. intends to take over the companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA.
OMV Petrom (SNP.RO), along with Austria’s OMV and Netherlands-based investment company ACB Participaties have become shareholders in EIT InnoEnergy, a European company that is an innovation engine in sustainable energy, topping up a 2023 private placement round of EUR140 million.
OMV Petrom, Romania’s biggest company, has announced significant changes in its 2030 Strategy, a document published in 2021, with green transition project investments due to be stepped up.
Romania’s largest oil and gas producer, OMV Petrom, will be testing a new carbon capture and utilization technology at the Petrobrazi refinery, starting in June.
OMV Petrom continues for the third consecutive year the partnership with the Medcorp Association and supports the implementation of the “Health in the Neighborhood” program with a budget of 8 million RON in 2024.
The mandatory private pension funds in Romania (Pillar II) in 2023 increased by nearly 3% their ownership stake in OMV Petrom (SNP.RO), the sole oil and gas producer in Romania and the largest integrated energy company in Southeast Europe, reaching a holding of 14.2% (8.8 billion shares), in line with calculations by Ziarul Financiar (ZF) daily based on data provided by web platform DesprePensiiPrivate.ro.
Niculae Havrilet has notified OMV Petrom with a waiver of his mandate as a member of the company's Supervisory Board, starting February 12, 2024, Petrom announced in a stock market report on Monday (Feb 12).
OMV Petrom, the largest integrated energy company in Southeastern Europe, has signed an agreement to purchase 50% of the shares of the Romanian company "Respira Verde SRL," a local leader in the collection of used cooking oil, the company announced in a stock market report on November 2023.
OMV Petrom and Auchan Retail Romania have completed the nationwide installation of almost 400 MyAuchan proximity stores in all Petrom stations.
OMV Petrom (SNP.RO), the largest crude oil and fuel producer in Romania, said in a stock market report on Friday that on Sept 12 it would hold the Ordinary General Meeting of Shareholders to vote on the distribution of special dividends worth RON2.8 billion.
OMV Petrom’s (SNP.RO) total hydrocarbon production shrank by 5.3% from 120,100 barrel of oil equivalent per day to 113,700 in the second quarter of 2023 compared with the year ago period, following a decline in both oil and natural gas production.
The largest actor in Romania’s economy is OMV Petrom (SNP.RO), which posted RON55 billion revenue in 2022, an increase of 137% year-on-year, followed by a company of the same group, OMV Petrom Marketing, which operates about 600 Petrom and OMV gas stations, and generated RON27 billion revenue.