Well tests proved a production potential of 180,000 cu m/d of natural gas and 25 cu m/d of condensate for a total of 1,300 ...

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R omania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in ...

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

NewMed Energy LP and OMV Petrom SA 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. They ...

OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect. The drilling of ...

OMV Petrom (BVB: SNP) has signed a new purchase contract for pre-treated used cooking oil with Astra Bioplant of Bulgaria, a company part of the Bulmarket group owned by Bulgarian businessman ...

"The maximum total quantity of the contract is 0.6 million tonnes, with an estimated value of over EUR 700 million [$803.1 million] at current market quotations," OMV Petrom said. "Considering also ...

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