Region: Romania, Greece sign...

At the Partnership for Transatlantic Energy Cooperation 2025 (P-TEC 2025) forum in Athens,...

Romania: Day-ahead power prices...

The average day-ahead electricity price on Romania’s OPCOM energy exchange rose to 121.9...

Hungary granted one-year US...

Hungarian Prime Minister Viktor Orbán announced that Hungary has secured an exemption from...

EU regulator urges Greece...

The European Union Agency for the Cooperation of Energy Regulators (ACER) has urged...
Supported byClarion Energy
HomeSEE Energy NewsRomania: Lower Q2...

Romania: Lower Q2 sales at OMV Petrom

OMV Petrom’s hydrocarbon production dropped by 2.64 % year-on-year in the second quarter of 2020, reaching 147,300 barrels of oil equivalent per day. OMV Petrom is Romanian largest oil and gas company and is a part of Austrian OMV Group.

Compared to the first quarter of the year, OMV Petrom’s daily hydrocarbon production fell 2 %. Total daily hydrocarbon sales volume was 142,100 barrels of oil equivalent during April-June period, down from a daily 142,800 in the same period of 2019, which is mauch lower drop than expected amid the coronavirus crisis.

Total sales of refined products fell to 1.15 million tons in the second quarter of 2020, compared to 1.39 million tons in the same period last year. The volume of gas sales rose to 11.77 TWh, compared to 9.11 TWh in the second quarter of 2019. Net electricity output was 0.57 TWh in Q2 2020, compared to just 0.05 TWh in Q2 2019.

 

 

 

 

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Region: Romania, Greece sign MoU to boost LNG supply and regional energy integration

At the Partnership for Transatlantic Energy Cooperation 2025 (P-TEC 2025) forum in Athens, Romanian Nova Power & Gas, Transgaz, and Greek Atlantic-See LNG Trade signed a memorandum of understanding to enhance cooperation on liquefied natural gas (LNG) supply and...

Romania: Day-ahead power prices surge 36% year-on-year in October 2025

The average day-ahead electricity price on Romania’s OPCOM energy exchange rose to 121.9 EUR/MWh in October 2025, marking a 35.9 % increase year-on-year and 25.6 % higher than in September (97.05 EUR/MWh). Trading activity reached 1.47 million MWh, down 3.5...

Hungary granted one-year US sanctions waiver to continue importing Russian energy

Hungarian Prime Minister Viktor Orbán announced that Hungary has secured an exemption from US sanctions on Russian oil and gas, following a meeting with US President Donald Trump in Washington. The waiver allows Hungary to continue importing Russian crude...
Supported byVirtu Energy
error: Content is protected !!