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OMV Petrom

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OMV Petrom finishes €115 million electrical upgrade at Petrobrazi refinery

OMV Petrom has completed a €115 million modernisation of the electrical infrastructure at its Petrobrazi refinery in Romania. The project is designed to prepare...

OMV Petrom to add 20-MW/40-MWh battery at Ișalnița solar site

OMV Petrom plans to add a 20-MW/40-MWh battery to its Ișalnița solar project in Romania, converting the development into a hybrid renewable generation and...

OMV Petrom net profit falls as capex rises for Neptun Deep

OMV Petrom posted net profit of approximately €355 million for the first half of 2026, down 14% versus the same period a year earlier....

OMV Petrom Reports Decline in Q1 2026 Profit Amid Increased Investments

Romania's largest energy provider, OMV Petrom, has announced a net profit of approximately €190 million for the first quarter of 2026, reflecting a 4%...

Romania’s Wind Energy Expansion Gains Momentum with OMV Petrom Projects

Romania is witnessing a significant advancement in its renewable energy landscape as OMV Petrom and RNV Infrastructure have finalized investment decisions for a series...

Romania’s Neptun Deep Gas Project Advances with New Exploration Plans

Romania is advancing its largest offshore gas project in the Black Sea as OMV Petrom prepares for a new exploration well within the Neptun...

Latest news

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...