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 from ...

Romania-based OMV Petrom has discovered a new natural gas reservoir in Spineni, marking a notable development in Southeastern Europe's energy sector. Located approximately 70km north-east of the ...

BUCHAREST, June 13 (Reuters) - Romanian oil and gas group OMV Petrom (ROSNP.BX), opens new tab, majority-controlled by Austria's OMV (OMVV.VI), opens new tab, said on Tuesday it discovered new crude ...

Romania’s OMV Petrom and US oil giant ExxonMobil have started drilling at a third exploration well in the Neptun Block off the Romanian Black Sea coast, Petrom said on Monday. “The Pelican South-1 ...

OMV Petrom on Wednesday welcomed the Romanian government's efforts to change an offshore gas tax law as a step towards the development of Black Sea gas. Adds OMV on content of draft law VIENNA, April ...

The privatization of the national oil operator, Petrom, bought by OMV in 2006, is considered by the Senate as disadvantageous for the Romanian state. The senatorial commission investigating the ...

OMV Petrom SA, Bucharest, is doubling aromatics production at its 4.5-million tpy Petrobrazi refinery in southeast Romania, near Ploiesti City, building a new 100,000-tpy aromatics unit to replace its ...

OMV Petrom SA, Bucharest, has completed a project to boost bioblending capacity as well as improve infrastructure for transport, unloading, and storage of biocomponents at its 4.5-million tonnes/year ...

Petrom, the largest oil and gas producer in the South East Europe, pays a great importance to the gas activities, the... Petrom, the largest oil and gas producer in the South East Europe, pays a great ...

The four projects have a total installed capacity of approximately 550 MW, higher than initially estimated capacity of 450 MW, due to contractors’ proposed solutions aiming to maximize power ...