According to OMV Petrom CEO Christina Verchere, around one-third of its €11 billion ($11.8 billion) of investments will be allocated to low- and zero-carbon projects by 2030.

OMV Petrom reports falling production, revenues and net income in 2023 as it deals with government restrictions OMV Petrom chief executive Christina Verchere.Photo: BP Vladimir Afanasiev ...

On a second-quarter results call, OMV Petrom chief executive Christina Verchere said that for the full year of 2023, the company estimates about 80% of its domestic gas portfolio sales will be ...

Romanian oil and gas group OMV Petrom, majority-controlled by Austria's OMV, plans to build renewable energy projects worth 1 GW by the end of the decade, Chief Executive Christina Verchere said ...

The awarding of the new contracts meant Romanian state-backed OMV Petrom has now reached 80 percent completion in the execution of needed contracts to complete Neptun Deep, a 2012 discovery that ...

The proposed green hydrogen units at Petrobrazi come as part of OMV Petrom’s Strategy 2030 to support the energy transition in Romania and its surrounding region, said Christina Verchere, the ...

"There are parts of our capex which are relatively fixed and parts ... which are very flexible," Chief Executive Christina Verchere said. The Bucharest-listed company posted an adjusted operating ...

OMV Petrom SA has begun constructing a sustainable aviation fuel (SAF) and renewable diesel unit with a combined capacity of 250,000 metric tons a year at its Petrobrazi refinery in Romania.

OMV Petrom announced together with Romanian state-owned gas producer Romgaz that it will invest up to €4 billion in the development phase of the Neptun Deep project, which will generate ...

OMV Aktiengesellschaft’s majority owned OMV Petrom SA has taken final investment decision (FID) to build a new plant for production of sustainable aviation fuel (SAF) and renewables-based diesel ...