Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted operating profit on Tuesday, citing weaker commodity prices and the impact of gas and power regulations.

Romania's OMV Petrom is on track to later this year start development drilling at the Neptun Deep offshore project in the Black Sea as the operator pursues first gas from the 'game-changing' asset ...

In Romania, OMV’s majority-owned OMV Petrom SA is undertaking a project to build a plant to produce SAF and renewable diesel, as well as two green hydrogen facilities, at the Petrobrazi refinery.