Tag: OMV Petrom

OMV Petrom secures feedstock deal for SAF and HVO facility

OMV Petrom secures feedstock deal for SAF and HVO facility

July 1, 2024 |

In Romania, OMV Petrom concluded a contract with Expur S.A. for the supply of fully refined vegetable oil. It will be used as feedstock in the Petrobrazi refinery’s sustainable aviation fuel (SAF) and renewable diesel (HVO) production facility, for which the company recently made final investment decision.  The contract was concluded for a period of […]

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OMV Petrom to invest over $806 million in biofuel plants in Romania

OMV Petrom to invest over $806 million in biofuel plants in Romania

June 14, 2024 |

In Romania, SeeNews reported that Romania’s top oil and gas group OMV Petrom said that it will invest $806.2 million to build several sustainable fuel plants at its Petrobrazi refinery, near the southern city of Ploiesti. According to the report, OMV Petrom will build a plant for the production of sustainable aviation fuels and renewable […]

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OMV Petrom to invest $805M in SAF/HVO production at Petrobrazi

OMV Petrom to invest $805M in SAF/HVO production at Petrobrazi

June 11, 2024 |

In Romania, OMV Petrom will invest approximately EUR 750 mn at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region. The company has made the final investment decision to build a SAF/HVO facility along with two facilities for green hydrogen which will be used in the production of […]

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OMV Petrom lands government financing for $152M 55MW green hydrogen facilities

OMV Petrom lands government financing for $152M 55MW green hydrogen facilities

February 26, 2024 |

In Romania, OMV Petrom, the largest integrated energy producer in Southeastern Europe, announces the signing of two financing contracts through the National Recovery and Resilience Plan, for the construction of two production facilities for green hydrogen with a total capacity of 55 MW at the Petrobrazi refinery. The contracts were signed with the Romanian Ministry […]

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OMV Petrom buys 50% of Romanian UCO collector

OMV Petrom buys 50% of Romanian UCO collector

November 27, 2023 |

In Romania, OMV Petrom, the largest integrated energy company in Southeastern Europe, has signed an agreement to purchase 50% of the shares of the Romanian company “Respiră Verde”, a local leader in the collection of used cooking oil. The closing of the transaction is expected to take place in the first quarter of 2024, after […]

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