Around two-thirds of Hungary’s gas imports come from Russia, but the country ... The project is being jointly implemented by ...

as Europe seeks new ways to boost energy security after cutting ties with Russia. February 1, 2024 OMV Petrom ups investment, focus on Black Sea gas, renewables Romania's OMV Petrom will ramp up ...

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA. “With the closing of the transaction ...

The state-backed companies launched development drilling in the Neptun Deep gas block on Romania's side of the Black Sea, expecting to start production 2027. SNGN Romgaz SA and OMV Petrom SA have ...

Romania’s OMV Petrom has started drilling a first development well to commercialise natural gas reserves at the Pelican South and Domino fields within the Neptun Deep block in the Black Sea.

Russia's state-owned natural gas company Gazprom stopped supplies to Austria early Saturday, according to the Vienna-based utility OMV, after OMV said it would stop payments for the gas following ...

Amsterdam-based DRI, a renewables subsidiary of Ukraine’s DTEK, has signed a PPA with Romanian energy producer OMV Petrom in Romania. Under the terms of the agreement, OMV Petrom will purchase ...

MOSCOW, July 9. /TASS/. Austrian energy group OMV will continue to buy Russian gas under its long-term supply contract despite sanctions, Chief executive Alfred Stern said in an interview with the ...

Petrom has estimated oil and gas reserves of 1 billion boe, an annual refining capacity of 8 million metric tons and around 550 filling stations in Romania. Austrian OMV, the leading oil and gas ...