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).

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 ...

9 April 2008 – Romanian oil and gas producer Petrom has signed a contract with a consortium formed by General Electric and Metka of Greece, for the construction of a power plant at Brazi, Romania.

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 said it has taken important steps to increase the share of biofuels. In 2022, Petrobrazi became the first ISCC2-certified refinery in Romania, capable of producing SAF and HVO by co ...

Petrom, the largest oil and gas producer in southeastern Europe, has fast-forwarded its plans to move into electricity generation by splashing out €100m ($135.3m) on a wind farm under development in ...

Petrom, the largest oil and gas producer in South Eastern Europe, is introducing the leading Enterprise Resource Planning (ERP) System SAP as its main business software application.

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 ...