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-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in Southeastern Europe's energy sector. Located approximately 70km north-east of the ...

OMV Petrom started construction of a new plant for production of sustainable aviation fuel and renewables-based diesel at the 4.5-million tpy Petrobrazi refinery in southeast Romania. OMV ...

OMV Petrom, majority-controlled by Austria's OMV OMVV.VI discovered 1.5-3 trillion cubic feet of gas in the Black Sea it had planned to extract jointly with Exxon Mobil XOM.N until the company's exit.

OMV Petrom said it has taken important steps to increase the share of biofuels. In 2022, Petrobrazi became the first ISCC2-certified refinery in Romania, capable of producing SAF and HVO by co ...

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.