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).

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

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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.

Romania's OMV Petrom will ramp up investments to roughly 8 billion lei ($1.74 billion) a year for the next three years, driven by its Neptun Deep offshore gas project in the Black Sea and ...

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 Petrom announced together with Romanian state-owned gas producer Romgaz that it will invest up to €4 billion in the development phase of the Neptun Deep project, which will generate ...

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 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 ...