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Romania · RomaniaOMV Petrom reported a net profit of RON 3.1 billion in 2025, down 27% year-on-year, mainly impacted by net impairment adjustments of RON 2.2 billion related to decommissioning obligations agreed with the Romanian state and impairments on Exploration and Production (E&P) assets, the company said in a statement. Christina Verchere, CEO of OMV Petrom, said 2025 marked an important year in implementing the company’s Strategy 2030, supported by inves…See the Story
OMV Petrom reports net profit of 3.1 billion RON, down 27 percent in 2025
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Libya · LibyaLibya will step up its natural gas production to be able to supply more of the commodity to Europe, the chairman of the national Oil Corporation said today, as quoted by Reuters. Masoud Sulaiman said the country’s national oil company will aim to ramp up natural gas production to almost 1 billion cu ft daily and begin exploration in its shale deposits in the second half of the year, the Reuters report also said. Sulaiman did not elaborate on wha…See the Story
Libya Signals a New Gas Push as Europe Searches for Supply
100% Center coverage: 1 sources
