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 ...

Romanian oil and gas group OMV Petrom is "closer than ever" to starting construction of its Neptun Deep gas project, its chief executive said on Thursday of the Black Sea resources she says are ...

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).

As a consequence, OMV Petrom estimates a solidarity contribution of 1500 million new leu ($326 million) for the fiscal year 2022, to be paid at the end of June 2023.

OMV Aktiengesellschaft’s majority owned OMV Petrom SA has wrapped scheduled maintenance and restarted production of fuels at its 4.5-million tonne/year (tpy) Petrobrazi refinery in southeast ...

Romanian oil and gas group OMV Petrom, majority-controlled by Austria's OMV, plans to build renewable energy projects worth 1 GW by the end of the decade, Chief Executive Christina Verchere said ...

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 gas producers OMV Petrom and state-owned Romgaz filed paperwork on Tuesday that edged them closer to the extraction of a long-awaited deepwater gas field in the Black Sea, Petrom said.

Romanian oil and gas group OMV Petrom, majority-controlled by Austria's OMV, said on Tuesday (13 June) it discovered new crude oil and natural gas deposits equal to about three quarters of its ...