Romanian oil and gas company OMV Petrom has acquired a 50% stake in three solar projects by local renewables company Renovatio, with a total capacity of…
The Bulgarian government has approved the transfer of TotalEnergies’ 57.1% stake in the Han Asparuh oil and gas block in the Black Sea to OMV Offshore…
Oil and gas company OMV Petrom closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania, with over…
The five-year PPA with French construction company Saint-Gobain will start in January 2026 French construction firm Saint-Gobain has signed a five-year PPA in Romania with OMV…
Romanian oil and gas company OMV Petrom announces the distribution of record basic dividends of approximately 2.6 billion lei (522 million euros) for the financial year…
OMV Petrom plans to start testing a new carbon capture and utilization technology at the Petrobrazi refinery in June. The tests are part of a demonstration…
The Czech investment fund EMMA Capital received a permit from the Romanian regulatory agency to take over the natural gas producer Stratum Energy through its subsidiary…
OMV Petrom, which remained the sole operator of the Khan Asparuh exploration project in the Black Sea, is looking for a new partner. This became clear after a…
The largest oil and gas companies in Romania, OMV Petrom and Romgaz, need to develop carbon capture and storage (CCS) capacities of 9 million tonnes per…