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

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 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 ...

NewMed Energy and OMV Petrom 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.

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

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 ...

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.

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 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 ...