Petrobrazi Refinery: Investments of over 2 bln. euro by 2030
The Petrobrazi refinery is celebrating its 90th anniversary, OMV Petrom announced. Petrobrazi will continue to play an essential role for…
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OMV Petrom
OMV improved the estimates for 2030; becoming a leader in the energy transition, a priority
The Austrian group OMV, the majority shareholder of OMV Petrom, announced on Thursday that it has revised upwards its estimates…
OMV Petrom injects 750 mln. euro in Petrobrazi’s sustainable fuels production
OMV Petrom, the largest integrated energy producer in Southeast Europe, will invest around 750 million euros in Petrobrazi to transform…
OMV Petrom completes the acquisition of Renovatio Asset Management
OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner…
Maximescu: Neptun Deep is waiting for the environmental impact assessment and construction authorization
The Neptun Deep project is in the stage of obtaining the environmental impact assessment and we hope that, by the…
OMV Petrom: Investment of 23 mln. euro in the largest crude oil storage tank in Romania
OMV Petrom put into operation the largest crude oil tank in Romania, on the platform of the Petrobrazi refinery. The…
F. Neel: Black Sea gas has the lowest carbon intensity in the world
The Neptun Deep project in the Black Sea is unique in the world and highly beneficial for the countries in…
Saint-Gobain Romania signs 5-year PPA with OMV Petrom
Saint-Gobain has signed a 5-year renewable electricity supply agreement (Power Purchase Agreement or PPA) in Romania with OMV Petrom, according…
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…
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…