OMV Petrom publishes the Sustainability Report – 1GW green projects planned
OMV Petrom, the largest integrated energy producer in Southeast Europe, has published its Sustainability Report for 2023. It provides an…
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OMV Petrom
OMV Petrom will invest a record budget of 8 billion lei in 2024, up 71% over 2023
OMV Petrom announces the distribution of record basic dividends of approximately 2.6 billion lei for the financial year 2023. At…
OMV Petrom will test an innovative CCS facility at Petrobrazi
OMV Petrom, the largest integrated energy producer in Southeast Europe, will test a new carbon capture and utilization technology at…
Alina Stoenescu (OMV Petrom): Hydrogen demand will increase in Romania only after 2030
OMV Petrom estimates that the demand for hydrogen in Romania will increase considerably only in the next decade. Green hydrogen…
A national Building Renovation Plan will only work based on a cross party platform
Renovation rates in Romania are low and barely sufficient to meet the country’s and the EU’s energy savings and emission…
Oil & Gas: An industry in constant transformation
Franck Neel, president of the Oil and Gas Employers’ Federation (FPPG), answered Energynomics’ questions. What is the current…
Ionuț Ciubotaru (OMV Petrom): Energy transition is based on strong partnerships
Energy transition plays a crucial role in OMV Petrom’s strategy, and the company has made major progress in this regard,…
RenewAcad Center trained 54 students to become specialists in green trades
In Rovinari, on March 14, 2024, the event marking the intermediate stage for the target of 100 specialists trained through…
OMV Petrom: Gas stations will be reopened after meeting ANPC conditions
The OMV Petrom stations whose activity was temporarily stopped following the controls of the National Authority for Consumer Protection will…
More education needed in the market on the concept of PPA
The energy market in Romania needs to be educated about the concept of Power Purchase Agreements (PPAs), stated Ionuț Ciubotaru,…
OMV Petrom gets financing through NRRP for two green hydrogen production projects at Petrobrazi refinery
OMV Petrom announced the signing of two financing contracts through the National Recovery and Resilience Plan (NRRP), for the construction…
Sustainability Academy offers grants and content dedicated to the HoReCa industry
The Sustainability Academy offers companies in the HoReCa industry grants of 6,000 euro and dedicated educational content developed by 18…
OMV Petrom has 1.5 bln. lei for acquisitions in 2024
OMV Petrom allocated this year 8 billion lei for investments, of which 1.5 billion lei for acquisitions, OMV Petrom’s financial…
Competition analyses the transaction through which Omv Petrom acquires 50% of Electrocentrale Borzești
The Competition Council is analyzing the operation by which OMV Petrom intends to acquire from RNV Infrastructure 50% of the…
OMV Petrom pays more than half of the profit for the solidarity tax to the state budget in 2023
OMV Petrom reported a net profit of around 4 billion lei, but paid a solidarity contribution to the budget for…
OMV Petrom and CEO could launch the first solar projects at the end of next year
The photovoltaic parks made in partnership by Complexul Energetic Oltenia and OMV Petrom could generate the first MWh as early…
Study: Oil and gas sector pays rising taxes to budget
A new study notes a significantly disproportionate evolution of taxation specific to the oil and gas sector for the period…
OMV Petrom’s gas production decreased slightly in the last quarter of 2023
OMV Petrom’s gas production decreased slightly in the last quarter of last year (Q4), to 56,200 boe/d, down 5% compared…
OMV Petrom signs the largest purchase of green projects in Romania
OMV Petrom, the largest integrated energy company in Southeast Europe, will acquire from RNV Infrastructure a 50% stake in Electrocentrale…
Oil and gas: Additional taxes and royalties doubled in 2022
In 2022, the total additional taxes and royalties related to the upstream sector of crude oil and natural gas increased…
More than 80% of the execution contracts already signed for the Neptune Deep project
OMV Petrom continues to make progress in the implementation of the Neptune Deep project, with new contracts signed totaling 465…
Neptun Deep: Transocean Barents and Halliburton ensure works worth 465 mln. euro
OMV Petrom, the largest integrated energy company in Southeast Europe, continued to make significant progress in the implementation of the…
OMV Petrom: We will maintain the same competitive level of employee remuneration in the future
The remuneration of OMV Petrom employees is at competitive levels for the relevant oil and gas industry and includes bonuses…