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…
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Christina Verchere: Neptun Deep is essential for Romania’s economic development
Neptun Deep will contribute to Romania’s energy transition, while ensuring continuity of energy supply and supporting the country’s economic growth,…
OMV Petrom partners with Vulcangas Romania for liquefied natural gas (LNG) and compressed natural gas (CNG) filling stations
OMV Petrom has entered a partnership with Vulcangas Romania for opening liquefied and compressed natural gas filling stations. The first…
Investimental and Intercapital launch a fund focused on the best energy and banking securities
Investimental and Intercapital Asset Management will launch the InterCapital BET-TRN UCITS ETF at the beginning of 2024. Thus, Investimental, the…
OMV Petrom 2030 strategy: Biofuels will represent more than 15% of the group’s production
OMV Petrom, the largest integrated energy company in Southeast Europe, signed the contract for the acquisition of 50% of the…
Verchere: We will continue to work at full speed at Neptun Deep to start production in 2027
The Neptun Deep project is progressing according to plan and we will continue to work at full speed so as…
All OMV Petrom stations have Auchan retail outlets
OMV Petrom and Auchan Retail Romania have completed the nationwide installation of nearly 400 MyAuchan convenience stores in all Petrom…
OMV Petrom renews its partnership with the Gheorghe Hagi Academy
OMV Petrom renews, for the next three years, the partnership with the Gheorghe Hagi Academy (AGH), and the contribution of…
OMV Petrom’s gas production decreased by 2.3% in the 3rd quarter of 2023
OMV Petrom’s gas production amounted to 59,500 boe/day in the third quarter of this year, down 2.3% compared to the…
Saipem: First project construction activities at sea for the Neptune Deep will start by 2025
The biggest new gas source for Romania is the Neptune Deep offshore project in the Black Sea. OMV Petrom and…
How did Romgaz answered to the gas shortage caused by the war in Ukraine
With the war in Ukraine, for more than one year and a half, now, there is an increasing sense of…
CE Oltenia and OMV Petrom launched the tender for the construction of the solar parks
The four joint-venture companies controlled in equal proportions by the state company Complexul Energetic Oltenia and OMV Petrom have launched…
Equinor will supply natural gas to the Austrian group OMV
Norwegian energy company Equinor has signed a five-year deal to supply gas to OMV, as part of the Austrian group’s…
OMV Petrom signed a contract with Botaş for the purchase of gas of 4 mmc/day
OMV Petrom signed a contract with the Turkish company Botaş for the purchase of gas of up to 4 million…
Partnership between Efficient Romania and Renergia to encourage the efficient use of energy
Efficient Romania, a program run by the Energy Policy Group (EPG) with the support of OMV Petrom, started a partnership…
Ciolacu: Romania continues to support its arguments regarding Schengen, Neptun Deep will remain on the current law
Prime Minister Marcel Ciolacu had, on Monday, a meeting with a delegation of OMV Petrom led by Alfred Stern, CEO…
Sterian: At the level of 2027-2028, Romania will need, apart from the gas from the Black Sea, of 4-5 bln. cmc
Romania will need, at the level of the years 2027-2028, 4-5 billion cubic meters of gas in addition to the…
Christina Verchere: OMV Petrom plans to develop more than 1 GW of renewable capacity
OMV Petrom’s objective is to have renewable capacities worth over 1 Gigawatt, and this will be OMV Petrom’s contribution to…
OMV Petrom continues to support the modernization of the Ploiești County Emergency Hospital
OMV Petrom, the largest integrated energy company in Southeast Europe, supplements its contribution with 2 million euros for the modernization…
Transgaz requests the EU to greenlight financing of its investment projects
Transgaz, the operator of the national gas transport system, sent a letter on Wednesday to several high-ranking European officials asking…
ANRM officially confirms the Development Plan for the deposits in the Neptun Deep perimeter
OMV Petrom and Romgaz announce that the final development plan for the Domino and Pelican Sud commercial deposits in the…
OMV Petrom estimates an increase in gas demand, sees barrel at $75-80
The demand for electricity will decrease in the coming months, but in the case of natural gas, OMV Petrom estimates…
OMV Petrom: Despite the 50% drop in profit, investments increased by 70% in H1
OMV Petrom increased its investment budget by 70% in the first half of this year (H1), despite the decrease in…