OMV Petrom will expand its electric mobility infrastructure by adding fast-charging services for electric trucks, with 400 kW stations integrated into its network.
OMV Petrom announced that starting this year, its sustainability reporting will be integrated into the company's Annual Report.
OMV Petrom, in partnership with Complexul Energetic Oltenia (CE Oltenia), announced the signing of the design and execution contracts for four photovoltaic parks.
OMV Petrom has officially started construction on a new facility for producing sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
OMV Petrom, the leading integrated energy producer in Southeast Europe, will supply Cluj International Airport Avram Iancu with Sustainable Aviation Fuel (SAF) starting in 2025.
OMV Petrom, in partnership with Save the Children Romania, is investing €1.5 million to renovate Polizu Maternity Hospital, the largest facility of its kind in Romania.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
CMS has provided legal counsel to DRI in relation to the physical power purchase agreements (PPAs) concluded with OMV Petrom for three solar projects.
Dutch-based DRI has signed Romania's largest physical solar power purchase agreement (PPA) with leading oil and gas company OMV Petrom.
OMV Petrom and TAROM announced the signing of a contract for the supply of sustainable aviation fuel (SAF), a first for Romanian aviation.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, completed the acquisition of 50% of the shares of Electrocentrale Borzești from RNV Infrastructure.
OMV Petrom, closed the acquisition of several photovoltaic projects from the Danish company Jantzen Renewables ApS.
The Romanian Competition Council will analyze the transaction through which OMV Petrom SA intends to acquire, together with RES Terranet Holding SRL, the companies Tenersolar Park SRL, Enerintens Solar SRL, and CIL PV Plant SRL.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
OMV Petrom SA has signed a six-year contract with Expur to purchase fully refined vegetable oil, with the option to extend the agreement for an additional two years.
OMV Petrom announced a revision of their 2030 strategy, focusing on a bigger push for renewable energy, sustainable fuels, and making electric vehicles more accessible.
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
OMV Petrom will invest approximately €750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.
OMV Petrom has solidified its collaboration with Renovatio through a new acquisition venture in Romania's photovoltaic sector.
OMV Petrom closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
