Power Markets

Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Tag: OMV

Slovenia: EC approved MOL’s acquisition of OMV Slovenia

The European Commission has approved the acquisition of the Slovenian subsidiary of the Austrian OMV Group by Hungarian oil and gas company MOL. The...

Romania, OMV Petrom has recently opened another two small natural-gas fired power plants

Romanian largest oil and gas company OMV Petrom has recently opened another two small natural-gas fired power plants, reaching a total of 40 such...

Romania, Dacian Petroleum has taken over 40 oil and gas fields from OMV Petrom

The Romanian Government has approved the transaction by which Dacian Petroleum has taken over 40 oil and gas fields from OMV Petrom. The fields are...

Romania, PKN Orlen is not taking over OMV’s stake in Petrom

Polish oil company PKN Orlen said that it is not in talks with the Austrian OMV Group over the sale of OMV’s stake in...

Romania, OMV Petrom recorded a net profit in the amount of 339 million euros in the first nine months of 2021

The largest Romanian oil and gas company OMV Petrom, a part of Austrian OMV Group, recorded a net profit in the amount of 339...

Romania, Romgaz announced that it has reached an agreement with US company ExxonMobil

Romanian natural gas producer Romgaz announced that it has reached an agreement with US company ExxonMobil on the acquisition of 100 % capital of...
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