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Romanian chemical industry news
27 March 2026
Rompetrol Rafinare completes Petromidia and Vega turnarounds
Mechanical works finished; refineries return to staged full capacity after 700+ maintenance jobs, 6 catalyst swaps, ~900 equipment checks and ~1,200 pipeline tests; authorizations recertified.
26 March 2026
KazMunayGas 2025 Financial Results
Revenue +12.5% to 9,371 bln KZT; EBITDA +19.6% to 2,393 bln; net profit down to 1,072 bln; net debt cut to 375 bln; production +10%; FCF +2.8%
16 March 2026
OMV Petrom Delivers First Module for 20 MW Green Hydrogen Project at Petrobrazi
First electrolyser module delivered for Petrobrazi's green hydrogen project, supporting sustainable fuel production and Romania's NRRP targets.
12 March 2026
Fluor Opens Bucharest Office to Boost Nuclear Energy Projects in Europe
Fluor's new Bucharest office will enhance its capacity to deliver nuclear energy projects, supporting Romania's clean energy goals and leveraging local strategic advantages.
11 March 2026
OMV Petrom Joins Shell and TPAO in Bulgarian Offshore Project
OMV Petrom acquires 25% stake in Han Tervel offshore block. Focus on 3D seismic data analysis and potential drilling. Awaiting Bulgarian Government approval.
11 March 2026
Rompetrol Rafinare Launches New Polymer Grade
Rompetrol's new polypropylene copolymer targets automotive and food sectors, offering enhanced properties. Initial production reached 187 tons, with an annual estimate of 11,000 tons.
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11 March 2026
Uniper Meets 2025 Financial Targets, Proposes €0.72 Dividend
Uniper's 2025 earnings fell from 2024, but it plans €5B investments and long-term gas contracts to boost supply security and growth.
5 March 2026
Roche Reports Positive Phase II Results for Petrelintide in Obesity Treatment
Petrelintide shows significant weight loss and good tolerability in Phase II trial, supporting further development for chronic weight management.
5 March 2026
Genentech Reports Positive Phase II Results for Petrelintide in Obesity Treatment
Petrelintide shows significant weight loss and good tolerability in Phase II trial, supporting further development for chronic weight management.
27 February 2026
KazMunayGas 2025 Trading Update
Hydrocarbon reserves stable; oil and gas production up. Oil transport steady; refining and polypropylene output increased.
24 February 2026
Rompetrol Rafinare Schedules Turnaround for Petromidia and Vega Refineries
Petromidia and Vega refineries will halt operations for a 20-day scheduled maintenance, focusing on inspections, equipment cleaning, and component replacements to ensure safety and efficiency.
20 February 2026
MOL Group Q4 2025 Results: Strong Downstream and Consumer Services Boost Performance
Upstream struggles amid tough conditions, while Downstream and Consumer Services thrive. Profit before tax drops 11% to USD 1.3B. 2026 guidance set at USD 1.5B.
17 February 2026
OMV Petrom Modernizes Waste-Water Systems at Petrobrazi Refinery
Invested 20 million euros in advanced waste-water treatment, part of a broader modernization effort exceeding 2 billion euros since 2005, including a new sustainable fuels project.
13 February 2026
OMV Petrom Launches Photovoltaic Project at Petrobrazi Refinery
A 7 MW photovoltaic park will be built for internal power at Petrobrazi, aiding decarbonization and green hydrogen production, co-financed by the Modernisation Fund.
4 February 2026
OMV Reports EUR 4.6 Billion Clean CCS Operating Result for 2025
OMV's 2025 results show strong cash flow, low leverage, and improved chemicals and fuels performance, despite lower energy results. Dividend proposed at EUR 4.40 per share.
4 February 2026
OMV Petrom 2025 Financial Results and Investments
Record investments of 7.8 bn lei amid market volatility; net income down 27% due to impairments; strategic focus on energy transition and regional gas growth.
22 January 2026
Iberdrola Sells Hungarian Wind Assets for €171 Million
Iberdrola sold 158 MW of wind capacity in Hungary, aligning with its strategy to focus on core businesses and key markets like the US and UK.
21 January 2026
BEH Joins Han Asparuh Exploration Venture
BEH acquires 10% in Han Asparuh offshore venture. Exploration drilling began in Dec 2025. Potential economic benefits include GDP growth and enhanced energy security for Bulgaria.
19 January 2026
MOL Group to Acquire Majority Stake in Serbian NIS
MOL to gain control of Serbia's sole refinery, enhancing its Central and Southeastern European market presence. Transaction awaits regulatory approvals, aims for completion by March 2026.
19 January 2026
MOL Acquires Majority Stake in Serbian NIS
MOL to gain control of Serbia's sole refinery, enhancing its Central and Southeastern European market presence. Transaction awaits regulatory approvals, with completion aimed by March 2026.
19 January 2026
Rompetrol Energy's Petromidia Cogeneration Plant Now Operational
The Petromidia cogeneration plant is operational, enhancing energy infrastructure, reducing costs, and supplying electricity and steam to the refinery and National Energy System.
1 January 2026
SIAD's Călărași Air Separation Plant
Built in 2007, the plant uses advanced fractional air distillation to produce technical gases, reducing electricity use and ensuring high quality and safety standards. Operational since 2008.
22 December 2025
OMV Petrom and CE Oltenia Begin 550 MW Solar Park Construction
The solar parks will power 410,000 homes by 2026, with a EUR 400M investment. 70% is funded by the Modernisation Fund. 200 mining technicians retrained for renewable energy roles.
17 December 2025
OMV Petrom Launches New Sulphur Recovery Unit at Petrobrazi
The new unit, a 45 million euro investment, enhances environmental performance and operational flexibility, processing diverse crude oils and supporting gas treatment at Petrobrazi.
15 December 2025
OMV Petrom Begins Offshore Exploration in Bulgaria's Han Asparuh Block
Exploration drilling in Bulgaria's Han Asparuh block starts with two wells, costing €170M, using advanced tech and safety standards, aiming to enhance regional energy security.
15 December 2025
BASF and OQEMA Partner for Distribution in Central and Eastern Europe
The partnership covers polymer dispersions and additives, leveraging OQEMA's network for fast delivery and technical support, focusing on quality, reliability, and sustainability.
10 December 2025
OMV Petrom Advances Romania's Energy Security
Neptun Deep progresses for 2027 gas. Anaconda-1 drilling follows. Onshore exploration continues. Production licenses extended 15 years.
27 November 2025
Rompetrol Rafinare Q1-Q3 2025 Performance
Processed 4.61M tons raw materials, $4.44B turnover, $175M EBITDA, -$20M net result. Calls for fiscal reforms. 1.4B state contribution. 1,206 sales points.
18 November 2025
Vega Ploieşti Refinery: 120 Years of Operation
Vega, a key player in Romania's industry, evolved from crude oil processing to niche production, supplying bitumen, hexane, and solvents, adapting to market changes over 120 years.
10 November 2025
Rompetrol Rafinare's Ecological Rehabilitation of Vega Refinery Lagoons
The project neutralizes emissions, protects water, and restores ecosystems, using efficient treatment to transform acidic tars into inert waste, ensuring compliance with environmental standards.
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