Refineries in Romania have found alternative sources to Russian crude oil
Refineries in Romania have found alternative crude oil to the Russian one, considering that in December the embargo on petroleum…
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OMV Petrom
OMV Petrom aims to install solar panels in 150 gas stations in 2022
OMV Petrom has installed photovoltaic panels in 110 OMV and Petrom filling stations in Romania, as part of an investment…
Fondul Proprietatea’s profit is increasing thanks to Hidroelectrica and OMV Petrom
Fondul Proprietatea’s profit in the first six months of 2022 was RON 4,129.7 million compared with RON 1,801.1 million for…
Brazi plant has produced over 32 TWh of electricity in the last decade
OMV Petrom’s Brazi power plant, the largest greenfield private investment in the Romanian energy sector – of 530 million euro,…
Romania’s domestic energy production decreased by 8%, demand decreased by 5%, in H1
Romania’s domestic energy production decreased by 8% in the first six months of the year, and energy demand decreased by…
OMV Petrom’s profits more than quadrupled in the first half of this year
The net profit attributable to OMV Petrom S.A. shareholders after the first half of this year’s activity was 4.64 billion…
OMV Petrom: Shareholders approved granting of special dividends, the state will receive 1 bln. lei
OMV Petrom announces the adoption at the AGOA of July 26, 2022 of the Board’s proposal to distribute special dividends,…
MyAuchan will reach 280 stores inside Petrom gas stations this year
OMV Petrom and Auchan Retail Romania have opened 200 MyAuchan stores in Petrom stations so far, half of the total…
Marius Dan, FP: A local listing of Hidroelectrica would significantly reduce the stake put up for sale
The listing of Hidroelectrica will be the most important event for the Romanian capital market, with the Fondul Proprietatea (FP)…
OMV Petrom will start production of sustainable aviation fuel at Petrobrazi
OMV Petrom, the largest integrated energy company in Southeast Europe, will produce sustainable aviation fuel at the Petrobrazi refinery by…
Christina Verchere: OMV Petrom already started the journey to the future of energy
Caught in between the war in Ukraine and the green energy transition, OMV Petrom committed to investing more than 11…
Energy Strategy Summit 2022: Romania has a huge chance to use European funds
New post-conflict market conditions in Ukraine have further inflamed commodity prices, and some investments are difficult to plan, several investors…
35% of the OMV Petrom investment will go for the energy transition
Franck Neel talked about the main pillars of the 11 billion euro investment plan of OMV Petrom’s until 2030, a…
OMV Petrom’s fuel sales up 9% in Q1 2022 compared to Q1 2021
OMV Petrom’s total sales of refined products were 5% higher in Q1 2022 compared to Q1 2021 as a result…
Ionuț Ciubotaru, OMV Petrom: Romania can become an EU hub for blue hydrogen
Romania could become a “Blue Hydrogen Valley” in the European Union, as it has gas resources, carbon storage capacity and…
3 more professionals in the management of FPPG
The Oil and Gas Employers’ Federation (FPPG), the main representative organization for the Romanian energy sector, strengthens its management team…
Amendments to the Offshore Law reach Parliament; will they be enough?
The ruling coalition leaders have sent the offshore law in Parliament and are announcing the existence of a political majority…
Renovated school at almost zero energy consumption standards (nZEB), part of România Eficientă project
OMV Petrom and Energy Policy Group (EPG) announce the completion of modernization and rehabilitation works at „Elie Radu” Energy Technology…
CE Oltenia has confirmation that it will receive 895 million euros for investments from the Modernisation Fund
The Investment Committee of the Modernization Fund approved Romania’s request for financing for the future gas power plants of the…
România Eficientă inaugurated the building renovated to nZEB standard at “Elie Radu” high school – a national premiere
România Eficientă, the largest national private project dedicated to energy efficiency in buildings, carried out by Energy Policy Group (EPG)…
OMV Petrom Foundation will develop programs in the field of education, environment and health
OMV Petrom today launched the OMV Petrom Foundation to strengthen the company’s contribution to social projects, a first project of…
Chisăliță: Amromco’s entry into insolvency, a very serious signal for investors
The entry of the third largest gas producer in Romania, Amromco, into insolvency is a very serious signal, which reflects…
OMV Petrom has completed the first photovoltaic park dedicated to its own operations
OMV Petrom has completed the first photovoltaic park dedicated to its own operations. It will produce over 4,600 MWh of…