OMV Petrom: Record investments of 7.8 billion lei, net profit down 27%
OMV Petrom Group announced a net profit down 27% to 3.1 billion lei for 2025, affected by net impairment adjustments…
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OMV Petrom
OMV Petrom inaugurates new sulfur recovery unit at Petrobrazi refinery, investment of 45 mln. euro
OMV Petrom announces the completion of an investment in the Petrobrazi refinery, for a new sulfur recovery unit, worth 45…
OMV Petrom confirms possibility of new gas discoveries in Black Sea
OMV Petrom officials say the Neptun Deep development is progressing according to schedule, with first natural gas expected in 2027,…
Austria to use stakes in energy companies to lower electricity prices
The Austrian government plans to spend about 500 million euros to reduce electricity bills for the general public, and the…
Outstanding development – The 2025 Energynomics Awards nominations
We continue our presentation of the Energynomics Award nominees with the “Outstanding development” section. This category highlights projects and companies…
Best New Comer – Energynomics Awards 2025 nominations
We continue our presentation of the competitors for the Energynomics Awards with the “Best New Comer” section. This category highlights…
Bușoi: Carbon storage obligations in the Net Zero Industry Act for Romania are not economically justified
The CO2 storage obligations, provided for in the “Net Zero Industry Act”, are far disproportionate to the emissions that Romania…
OMV Petrom and Energy Policy Group inaugurate the 5th school renovated to nZEB standard through the Efficient Romania program
OMV Petrom and Energy Policy Group (EPG) have inaugurated, in Șimian, Mehedinți County, the fifth educational establishment renovated through the…
OMV Petrom strengthens its presence in the Romanian bitumen market
OMV Petrom, the largest energy producer in South-Eastern Europe, is expanding its activity in the bitumen field, through two strategic…
Romania has selected the winners of the second round of CfD support scheme for wind and photovoltaics
The list of winning companies following the second auction of the Contracts for Difference (CfD) mechanism totals 31 applicants. In…
OMV Petrom and NewMed Energy sign 80 mln. USD contract for Han-Asparuh drilling vessel
OMV Petrom and NewMed Energy Balkan, a subsidiary of New Med Energy, announce the contract for the vessel to drill…
OMV Petrom announces new gas discovery, to invest 5.8 billion lei in E&P
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, announces the discovery of a new natural gas field in…
Renovation starts with trust: one-stop shops, local government and the reality test
The Efficient Romania 2025 Forum was, beyond the presentation of figures and principles aligned with European directives, an exercise in…
Deep renovation of buildings is the crucial test of the energy transition
At the sixth edition of the Efficient Romania Forum, organised by the Energy Policy Group (EPG) with the support of…
Bucharest Court rejects Greenpeace’s first trial action, which may not appeal
The Bucharest Court rejected Greenpeace’s action to block the Neptun Deep project in the trial court, and the NGO must…
OMV Petrom inaugurates the largest electric charging hub in Romania
OMV Petrom, the largest integrated energy producer in Southeastern Europe, is expanding its electric mobility infrastructure by adding fast charging…
Contract between Energocom and OMV Petrom will bring gas from the Black Sea to Moldova
The Republic of Moldova is taking a significant step towards its energy security and integration into the regional market by…
Sustainability Report: OMV Petrom paid about 16 bln. lei to the state budget in 2024
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, announces that, starting this year, sustainability reporting is integrated into…
OMV Petrom increases investments by 20%, offers dividends of 66% of profit
OMV Petrom will distribute record basic dividends of approximately 2.8 billion lei for the financial year 2024, representing 66% of…
Shaping strategy, backing innovation: Franck Neel’s journey in energy leadership (WATTs Next podcast)
“When I was 18, I wanted to be a journalist,” Franck Neel admits, reflecting on a career that has since…
OMV Petrom and CE Oltenia progress with 400 mln. euro investment in PV projects
OMV Petrom, the largest integrated energy producer in South-Eastern Europe, in partnership with Complexul Energetic Oltenia (CE Oltenia), announces the…
Franck Neel believes Romania is well-positioned to benefit from energy transition
As Romania positions itself at the confluence of European energy security, industrial transformation, and climate imperatives, few voices offer a…
Christina Verchere: The energy transition trajectory is set – all the debate in on the right pace
“The energy transition trajectory is set,” said Christina Verchere, CEO of OMV Petrom, speaking at Spring Cocktail, the annual flagship…