R omania'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 Petrom, which is majority controlled by Austria's OMV , opens new tab, will also supply Germany's Uniper with 15 terawatt hours of gas from Neptun Deep under a five-year deal.

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).

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 ...

9 April 2008 – Romanian oil and gas producer Petrom has signed a contract with a consortium formed by General Electric and Metka of Greece, for the construction of a power plant at Brazi, Romania.

Petrom SA, OMV AG’s Romanian subsidiary, has let key contracts in its delayed modernization of the 4.5-million tonne/year Petrobrazi refinery in Ploesti (OGJ, June 15, 2009, p. 22). HOUSTON, Apr ...

Petrom's activities are also focused on replacing lost production through depletion at existing fields, with the aim of maintaining output in 2005 at last year's level of 220,000 barrels of oil ...

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 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 ...

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 ...

Petrom steps on the gas. Romanian player Petrom, majority-owned by Austria's OMV, is set to invest more than €70 million ($89 million) in a new natural gas unit to double its processing capacity.