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 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 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 ...

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.