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 ...

OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51.2 percent stake in OMV Petrom, while the remaining 6.4 percent is held by other foreign investors.

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

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).

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OMV Petrom, an integrated energy producer, has expanded its partnership with Romanian green energy company Renovatio by purchasing a 50% stake in three solar projects totaling 130 MW.

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 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.

The latest international OMV Petrom SA news and views from Reuters - one of the world's largest news agencies ...

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, ...