OMV Petrom SA – Recent Developments
Fuel Price Increases
On 15 November 2025, OMV Petrom announced a further rise in gasoline and diesel prices. The decision follows a period of escalating costs in the regional fuel market and reflects the impact of higher VAT and international market prices. As a result, consumers in Romania are paying over 7.5 lei per litre for gasoline and 8 lei per litre for diesel. The company cited supply‑chain pressures and regulatory changes as the primary drivers behind the price adjustments.
Neptun Deep Project Risk
On 14 November 2025, reports indicated that OMV Petrom might lose part of the Neptun Deep offshore gas exploration project in the Black Sea. The potential loss stems from a delay in drilling activities in the Nard zone, which is a critical component of the project. According to Die Presse, the company could face a €50 million fine if the drilling schedule is not met. The Neptun Deep initiative is central to OMV Petrom’s strategy to secure future gas supplies in the region.
Workforce Restructuring
During a conference for analysts on 13 November 2025, OMV Petrom announced a restructuring plan that includes workforce reductions. The move was described as a “misunderstood” decision by observers, given that the company is simultaneously extracting gas from the Black Sea. Analysts questioned why the company would cut staff instead of investing further in petrochemistry to add value to its extraction operations. The restructuring was framed as part of a broader cost‑control strategy, although specific numbers of job cuts were not disclosed.
Market Context
The company’s share price as of 13 November 2025 stood at €0.18, with a 52‑week high of €0.2442 and a 52‑week low of €0.1169. OMV Petrom’s market capitalization is €12.462 billion, and its price‑to‑earnings ratio is 16.375. The firm operates across three segments: Exploration and Production, Refining and Marketing, and Gas and Power. It is a subsidiary of OMV Aktiengesellschaft and remains a leading player in Romania’s fuel market.
The information above is compiled from the latest publicly available reports on OMV Petrom SA.
