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 ...

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

Durham, North Carolina--(Newsfile Corp. - June 21, 2023) - The International Society of Automation (ISA) and the ISA100 Wireless Compliance Institute (WCI) announced today that OMV Petrom has won ...

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 ...

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.

The OMV Petrom deal is thus seen as a crucial step in mitigating these supply issues. Romania's Energy Ministry highlighted that the contract with Moldova's Energocom represents less than 1% of ...

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 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, ...

OMV Petrom hit with $450 million solidarity tax. Romanian producer calls for predicable regulatory regime as it passes final investment decision on Neptun Deep offshore gas development.

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 ...