Developer Redport and businessman Dan Șucu, founder and shareholder of Mobexpert Group, are investing EUR 50 million in a ...

Analyst Enkorr stated on Wednesday that Ukraine will add 5% bioethanol as a mandatory additive to motor fuel starting May 1, in ...

Ukraine will introduce the mandatory addition of 5% bioethanol to motor fuel from May 1 to meet EU sustainability regulations ...

Romania’s oil and gas group OMV Petrom (BVB: SNP) reported a 3.8% year-on-year decline in hydrocarbon production for the ...

BP plc BP, the UK-based energy major, has secured a foothold in Israel’s offshore gas exploration sector through a newly granted set of licenses, marking a strategic move alongside Azerbaijan’s SOCAR ...

As European markets grapple with the impact of new U.S. trade tariffs, which have dampened investor sentiment and led to a decline in major indices like the STOXX Europe 600, investors are ...

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the first deep-water ...

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, which is claimed to be the largest natural gas project in the Romanian Black Sea and the first deep-water ...

Romania’s OMV Petrom has started drilling a first development well to commercialise natural gas reserves at the Pelican South ...

OMV Aktiengesellschaft OMVKY is currently considered cheap on a relative basis, with the stock trading at a 2.08x trailing 12-month enterprise value to earnings before interest, taxes, depreciation ...

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 ...

OMV Petrom is supplying Cluj International Airport Avram Iancu with sustainable aviation fuel (SAF) this year - an important step towards reducing carbon emissions in air transportation. Through this ...