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,…
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