The production of gas of OMV Petrom was lower by 14.5% over the last quarter of last year, as compared to the similar period of 2020, getting to 62,400 barrels of oil equivalent per day (bep/day), according to a report sent by the company, on Thursday to the Stock Exchange Bucuresti.As compared to the third quarter of 2021, the production in the fourth quarter of 2021 was slightly going up from 61,900 bep/day.The representatives of the company explained, in the past, that the drop in production year after year is a result of the natural decline of the deposits, the majority being mature.Total hydrocarbon production decreased by 12, 5% to 122.200 bep/day and crude oil production by 11% to 59.800 bep/day.At the same time, the refinery's utilization rate was 101% and the refining margin 7, 52%.
A survey conducted by MKOR shows that far-right candidate George Simion is leading in voting intentions for the presidential elections, with 31.2% of the votes cast. Still, he would lose the second round against two of his challengers: independent Nicuşor Dan and ruling coalition's candidate Crin Antonescu, according to the survey, presented by
Bogdan Peschir, accused of corrupting voters in the electoral campaign of pro-Russian candidate Călin Georgescu during the electoral campaign in Romania last year, remains in custody during investigations after his appeal was rejected, according to G4Media. Businessman Bogdan Peschir was placed under arrest...
The Romanian association Elsaco-Energomontaj is the winner of a tender organized by the Municipality of Râmnicu Vâlcea for the construction of a gas-fired cogeneration power plant with a capacity of 145 MW on the CET Govora platform, according to Economedia. The value...
Capital Economics expects moderate growth in Romania's GDP this year and in 2026, of 1.8% and 2.3%, respectively, according to Curs de Guvernare. "The political context poses a major risk to the economic...
Several film festivals are happening in Bucharest, alongside a coffee culture festival, concerts, and exhibitions.
A report prepared by TikTok as a signatory to the Code of Conduct on Disinformation under the European Union's Digital Services Act (DSA) outlines the threats observed in relation to Romania's November 2024 presidential election, the measures taken in the run-up to the election, pre-election interactions with national authorities and local experts, as well as […]
