Romanian oil and gas company OMV Petrom has reported a 57% decline in its fourth-quarter adjusted operating profit, attributed to regulatory impacts on gas and power, and weaker commodity prices.

February 4, 2025 Romania's OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted ...

Radu Caprau, member of the OMV Petrom executive board responsible for refining and marketing, said, “With the commencement of this very complex project, employing new and innovative technologies ...