1 day ago
EU Embargo on Russian Oil, Implications and Consequences
The European Union (EU) embargo on Russian oil, which came into force on December 5, 2022, is a long-awaited sanction…
4 days ago
New MoU on the Vertical Corridor between Gas TSOs from Greece, Bulgaria, Hungary, and Romania
On December 1st, 2022, in Athens, a Memorandum of Understanding (MoU) was signed between DESFA (Greece), Bulgartransgaz (Bulgaria), FGSZ (Hungary),…
November 3, 2022
OMV and Wood MoU for Commercial Licensing of ReOil® Technology
OMV, the international, integrated oil, gas and chemicals company headquartered in Vienna, and Wood, a global leader in consulting and…
October 13, 2022
Investment of EUR 130mn at Petrobrazi Refinery to Build New Unit of Aromatic Products
OMV Petrom, the largest integrated energy company in South-Eastern Europe, invests approximately EUR 130 million in the next 3 years…
October 5, 2022
Rompetrol Rafinare Invests in Storage Capacities
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated this year an extensive program of maintenance, rehabilitation,…
