The new sustainable aviation fuel (SAF) and renewable diesel (HVO) unit will have a production capacity of 250,000 tons of sustainable fuels per year, starting in 2028.

Romanian oil and gas company OMV Petrom has reported a 57% decline in its fourth-quarter adjusted operating profit, attributed to regulatory impacts on gas and power, and weaker commodity prices.

The company, majority-owned by Austria's OMV, faced lower oil prices, reduced sales volumes, and declining refining and sales margins.

Austria’s OMV Group has reported drops in net income, sales, and operating results for the 2024 financial year. The company said in its report that its clean current cost of supply (clean CCS ...

Marathon is still in development at Bungie, despite the difficulties the legendary creators of Destiny and Halo have faced over the past year. After significant layoffs at the studio, there have ...

“We are proud to be selected by OMV Petrom for the Neptun Deep project, which we see as a recognition of our commitment to delivering safe, sustainable and cost-effective solutions”, says Jan Erik ...

When is the Marathon release date? Marathon is a forthcoming first-person shooter from Bungie, the team behind hit games like Destiny 2 and the original Halo. It’s been a while since the first ...

CMS has advised DRI on physical power purchase agreements with OMV Petrom for three separate solar projects. DRI is the EU renewables arm of Ukraine’s DTEK. According to CMS, under the agreements, OMV ...