Romanian energy major OMV Petrom has marked its entry into the renewable energy sector by completing two strategic acquisitions. The company has acquired a 50% stake in Electrocentrale Borzești ...

Romania's OMV Petrom will buy several photovoltaic parks with total installed capacity of around 710 megawatts (MW) in its home market, part of its drive to boost renewable energy sources by the ...

NewMed Energy and OMV Petrom have agreed to drill another prospect in the Han Asparuh block on Bulgaria's side of the Black Sea, after approving their first as new partners in March.

OMV Petrom, which is majority controlled by Austria's OMV (OMVV.VI), will also supply Germany's Uniper with 15 terawatt hours of gas from Neptun Deep under a five-year deal.

VIENNA, April 20 (Reuters) - OMV Petrom ROSNP.BX on Wednesday welcomed the Romanian government's efforts to change an offshore gas tax law as a step towards the development of Black Sea gas.

OMV Petrom in 2019 also completed startup of a new €65-million Polyfuel unit that—using environmentally friendly technology—has allowed the Petrobrazi refinery to shift as much as 50,000 ...

Romania's OMV Petrom has signed a pivotal gas supply agreement with Moldova, ensuring a quarter of the latter's annual gas requirements, reported Reuters, citing a top Moldovan energy official ...

OMV Petrom and ROMGAZ are jointly investing up to €4bn ($4.3bn) in the project's development. Credit: Dragos Asaftei/Shutterstock.© Dragos Asaftei/Shutterstock.

OMV Aktiengesellschaft’s majority owned OMV Petrom SA has taken final investment decision (FID) to build a new plant for production of sustainable aviation fuel (SAF) and renewables-based diesel ...