OMV Petrom, Romania’s largest hydrocarbons and fuels producer, reported net profit of 4.1 billion lei in the first nine months of 2026, up 18% on the same period of 2025, News.ro says, citing the company’s quarterly report.

Investments rose 27% to 6.6 billion lei — a level the group calls a record — and exceeded the operating result. Spending went into key projects such as Neptun Deep, SAF/HVO and renewable power.

Clean CCS Operating Result excluding special items was 5.8 billion lei, up 51%, with stronger contributions from all business segments. CEO Christina Verchere pointed to solid operational performance in a volatile market and a focus on keeping energy supply reliable.

The Petrobrazi refinery ran above 98% utilisation in January–September 2026 (100% in the third quarter). The Brazi power plant generated 3.4 TWh (+10% vs 1–9/2025), about 9% of Romania’s electricity output in the period. Total natural gas sales rose 5% to 36 TWh.

In Exploration and Production, Operating Result excluding special items was 2.7 billion lei (vs 1.9 billion lei in 1–9/2025). Production of 101.7 kboe/d was down 3% year on year, in line with expectations. Production cost held at USD 17.9/boe.

Taxes and dividends lifted contributions to the state budget above 16 billion lei, 38% more than in the first nine months of 2025. Neptun Deep advanced toward first gas, expected in the first half of 2027.

Source: OMV Petrom: Profit de 4,1 miliarde lei, în primele nouă luni din acest an | News.ro