OMV Petrom has also begun constructing a sustainable aviation fuel and renewable diesel (HVO) production unit at its Petrobrazi refinery in Romania. "OMV Petrom, ROMGAZ start drilling at Neptun ...

February 4, 2025 Romania's OMV Petrom quarterly profit sinks 57% on weaker prices, regulatory pressure Romanian oil and gas group OMV Petrom reported a 57% slump in fourth-quarter adjusted ...

Ukraine will introduce the mandatory addition of 5% bioethanol to motor fuel from May 1 to meet EU sustainability regulations ...

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA. “With the closing of the transaction ...

OMV Petrom has signed two financing contracts to build two green-hydrogen production facilities with a total capacity of 55 MW at the Petrobrazi refinery in Romania. The Austrian company said it ...

OMV Aktiengesellschaft ... Commissioning of Schwechat’s ReOil plant follows the refinery’s on-premises testing of the technology in a pilot plant that began operating at the site in 2018 ...

Amsterdam-based DRI, a renewables subsidiary of Ukraine’s DTEK, has signed a PPA with Romanian energy producer OMV Petrom in Romania. Under the terms of the agreement, OMV Petrom will purchase ...