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 ...

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 ...

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).

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.

R omania's OMV Petrom has signed a pivotal gas supply agreement with Moldova, ensuring a quarter of the latter's annual gas requirements, reported Reuters, citing a top Moldovan energy official.

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 ...

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 ...

Romania's oil and gas operator OMV Petrom has reported a commercial natural gas discovery in an onshore hydrocarbon-bearing region in the southwest of the country, where the company already ...

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 Petrom said capital expenditure this year is expected to rise by 70% to about 6 billion lei ($1.35 billion), with investment geared mainly towards Neptun Deep, low and zero-carbon projects and ...