Romania\u2019s oil and gas group OMV Petrom (BVB: SNP) reported a 3.8% year-on-year decline in hydrocarbon production for the first quarter of 2025, reaching 107.5 thousand barrels of oil equivalent (boe) per day, according to a market update published on 8 April on the Bucharest Stock Exchange.\u00a0<\/p>\n
This output marks a marginal increase of 0.28% compared to the previous quarter, reflecting stabilisation following broader sectoral volatility.<\/p>\n
Crude oil and condensate production fell 6.4% year-on-year to 50.1 thousand boe\/day and declined 0.8% from the fourth quarter of 2024.\u00a0<\/p>\n
Natural gas production, at 57.4 thousand boe\/day, decreased by 1.2% year-on-year but rose 1.2% on a quarterly basis, pointing to uneven recovery trends across product lines.<\/p>\n
Total hydrocarbon sales dropped 4%y\/y \u00a0to 102.2 thousand boe\/day, though they rose slightly by 0.2% from the preceding quarter. Meanwhile, refined product sales totaled 1.2 million tonnes, a 7% year-on-year decrease and a sharp 16.7% decline from Q4, signaling weakened downstream demand.<\/p>\n
iulian@romania-insider.com<\/em><\/p>\n (Photo source: Flickr\/OMV Petrom)<\/em><\/p>","protected":false},"excerpt":{"rendered":" Romania\u2019s oil and gas group OMV Petrom (BVB: SNP) reported a 3.8% year-on-year decline in hydrocarbon production for the first quarter of 2025, reaching 107.5 thousand barrels of oil equivalent (boe) per day, according to a market update published on 8 April on the Bucharest Stock Exchange.\u00a0 This output marks a marginal increase of 0.28% […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4508","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/4508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4508"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/4508\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}