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OMV Petrom pushes ahead with €560 million sustainable-fuels complex at Petrobrazi

Romania’s OMV Petrom has advanced construction of a €560 million sustainable-fuels complex at its Petrobrazi refinery, with commissioning targeted for 2028. Construction of the...

From Pančevo to Petrobrazi, SEE refining splits between security and decarbonisation

Southeast Europe’s August oil market revealed two different investment priorities for regional refining. In Serbia, the immediate challenge was conventional fuel security amid sanctions and...

OMV Petrom commissions €140 million aromatics unit at Petrobrazi refinery

OMV Petrom has commissioned a new aromatics production unit at its Petrobrazi refinery in Romania following a €140 million investment. The installation is designed...

OMV Petrom Advances Green Hydrogen Production at Petrobrazi Refinery

OMV Petrom is making significant strides in its energy transition efforts with the introduction of its first electrolyzer unit at the Petrobrazi refinery. This...

Petrobrazi Refinery Enhances Wastewater Management with €20 Million Investment

OMV Petrom has announced the completion of a significant modernization initiative at its Petrobrazi refinery, involving an investment of €20 million aimed at upgrading...

OMV Petrom Initiates 7 MW Solar Power Project at Petrobrazi Refinery

OMV Petrom has announced plans for a new renewable energy initiative at its Petrobrazi refinery in Romania, which will feature a solar power plant...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...