OMV Petrom S.A. has acquired a 50 percent stake in the Gabare solar project from Enery Element, a large-scale project in ...

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 ...

IPP Enery Development has formed a 50-50 joint venture with oil and gas producer OMV Petrom to build a 400MW solar PV plant ...

OMV Petrom has said it expected a decision around the middle of this year for the Neptun Deep gas project, estimated to cost around 4 billion euros ($4.32 billion).

Durham, North Carolina--(Newsfile Corp. - June 21, 2023) - The International Society of Automation (ISA) and the ISA100 Wireless Compliance Institute (WCI) announced today that OMV Petrom has won ...

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 ...

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 ...

Designed with flexibility allowing OMV Petrom to adjust production slates at any given time based on market demand and feedstock availability, the SAF-HVO plant will receive most of its 11,000-tpy ...

OMV Petrom identified crude oil resources totaling around 20 MMboe in the Verguleasa exploration area, Oltenia region, representing the company’s largest crude oil discovery in decades.

OMV Petrom hit with $450 million solidarity tax. Romanian producer calls for predicable regulatory regime as it passes final investment decision on Neptun Deep offshore gas development.

OMV Petrom said the transaction is expected to complete in the second quarter of 2024, when the farms will reach the “ready-to-build” phase. The farms, in the Teleorman county, ...

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 ...