(Alliance News) - Directa Plus PLC on Monday said it has secured a EUR1.6 million contract extension with OMV Petrom SA for the use of Directa's patented Grafysorber technology.

Graphene-based products business Directa Plus revealed on Monday that its environmental subsidiary had inked a €1.59m ...

Directa Plus subsidiary Setcar signed a 1.59 million-euro ($1.8 million) contract extension agreement with Romanian oil and gas company OMV Petrom, strengthening its strategic partnership in Eastern ...

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

The French Chamber of Commerce, Industry and Agriculture in Romania (CCIFER), which has some 600 member companies, has ...

Romania’s oil and gas group OMV Petrom (BVB: SNP) reported a 3.8% year-on-year decline in hydrocarbon production for the ...

As European markets grapple with the impact of new U.S. trade tariffs, which have dampened investor sentiment and led to a decline in major indices like the STOXX Europe 600, investors are ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil refinery at Kabaale ...

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the first deep-water ...

Romania’s OMV Petrom has started drilling a first development well to commercialise natural gas reserves at the Pelican South and Domino fields within the Neptun Deep block in the Black Sea.

Neptun Deep is jointly owned by the oil and gas company OMV Petrom, and Romania's Romgaz. It holds approximately 100 billion cubic metres of recoverable gas. OMV Petrom, a majority-owned company of ...

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 ...