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 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).

OMV Petrom, a majority-owned Romanian oil and gas supplier, has launched a tender to seek EPC contractors for the deployment of a 710 MW solar project in Babaita, Romania.. The plant will consist ...

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 ...

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, ...