OMV News Monitoring

Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit

Just a few minutes’ walk from a metro station in the northeast corner of Vienna, you might think that you were in Texas: A drilling rig more than 130 feet high looms over open land. Instead of oil, though, the wells will pump close to 1.7 million gallons a …

Serbian energy sector faces crisis as banks set to close NIS accounts

Serbia’s energy sector is on the brink of a crisis, as foreign banks are set to close the accounts of the Oil Industry of Serbia (NIS) in response to impending US sanctions. The move threatens to disrupt the operations of NIS, which controls around 80% of …

OMV Offshore Bulgaria GmbH - Austria Transfers 50% of Its Rights to Prosper Oil, Gas in 1-21 Han Asparuh Block to NewMed ...

OMV Offshore Bulgaria GmbH - Austria is transferring 50% of its rights under the oil and gas prospecting and exploration permit in the 1-21 Han Asparuh Block in the Black Sea. This is possible after the Council of Ministers, at its Wednesday meeting, …

OMV Petrom Starts Building SAF, HVO Unit at Romania Refinery

OMV Petrom SA has begun constructing a sustainable aviation fuel (SAF) and renewable diesel unit with a combined capacity of 250,000 metric tons a year at its Petrobrazi refinery in Romania. “This new facility will position OMV Petrom as the first major …

OMV Petrom starts construction of sustainable fuels unit at Petrobrazi Refinery

OMV Petrom, an integrated energy producer in southeastern Europe, has announced the start of construction for a sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO), also known as renewable diesel, production unit at the Petrobrazi refinery …

OMV begins construction of $782.5m SAF unit at Petrobrazi Refinery in Romania

OMV Petrom, an integrated energy producer, has commenced construction of a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit with an annual production capacity of 250,000 tonnes (t) at its Petrobrazi refinery in Romania. This …

OMV Petrom starts construction of sustainable fuels production unit at Petrobrazi Refinery

February 19, 2025 | By Mary Bailey OMV Petrom S.A. (Bucharest, Romania) announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery. This new facility will position OMV …

OMV Petrom begins construction of new unit at Petrobrazi refinery

OMV Aktiengesellschaft’s majority owned OMV Petrom SA started construction of a new plant for production of sustainable aviation fuel (SAF) and renewables-based diesel—or hydrotreated vegetable oil (HVO)—at the operator’s 4.5-million tonne/year (tpy) …

OMV Petrom begins construction of € 750 million sustainable fuels unit at Petrobrazi refinery

OMV Petrom starts construction at SAF/HVO facility

In Romania, OMV Petrom announces the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery. This new facility will position OMV Petrom as the first major producer of sustainable …

SAF and HVO Unit Construction at Petrobrazi Refinery Started

The new Sustainable Aviation Fuel (SAF) and Renewable Diesel (HVO) unit will have a production capacity of 250,000 tons of sustainable fuels per year, starting in 2028. With this EUR 750mn investment, OMV Petrom integrates sustainable fuel production at …

Russia eyes control over Europe’s gas supplies by spreading disinformation

Russia swiftly named the “culprits” responsible for Ukraine’s decision to shut off its gas supply from Russia. The Kremlin falsely asserts that “the US, the puppet Kyiv government, and the leaders of European states that put their own populations’ welfare …

Rosneft optionality makes BP ‘prime ceasefire beneficiary’, says JPMorgan

The bank said it expects the sector to be viewed as a net loser as the market infers a peace deal bringing additional Russian pipeline gas flows into Europe. It noted that to date, high-end TTF geared names like ‘overweight’ Equinor and Var appear to have …

Salgenx Announces a Safer, More Sustainable Future for Grid-Scale Energy Storage

Saltwater Flow Batteries Mitigate Fire Risk, While Using Integrated Thermal Storage, Self-Healing Electrodes, and Eco-Friendly Materials MADISON, WI, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- As the demand for safe, efficient, and …

TESCO and PG&E Collaborate on Backup Power Transfer Meter (BPTM) to Enhance Safe and Reliable Power Transitions

Developed in collaboration with PG&E, TESCO’s BPTM delivers safe, automatic backup power while eliminating transfer switches and backfeeding risks. BRISTOL, PA, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- TESCO®, a leader in …

Averi Finance makes strategic acquisition in South Africa with 3.8 GW renewable energy generation and Power-to-X project

Averi Finance accelerates South Africa’s clean energy growth with 3.8 GW of solar & wind power, plus a $3B green hydrogen-to-ammonia project at Saldanha Port. SOUTH AFRICA, February 24, 2025 /⁨EINPresswire.com⁩/ -- Averi Finance, an investment …

DCAC Europe 2025 Tickets Now Available. The Data Center Gold Rush Returns to Dublin

The Data Center Anti-Conference (DCAC) is back in Europe. On May 13-14, 2025 at The Button Factory in Dublin DUBLIN, IRELAND, February 24, 2025 /⁨EINPresswire.com⁩/ -- The Data Center Anti-Conference (DCAC) is back in Europe. On May 13-14, 2025 at …

VERDE HYDROGEN Achieves Significant Cost Reduction Milestone, Accelerating Green Hydrogen Adoption

BOSTON, MA, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- – VERDE HYDROGEN (Verde), a leading provider of hydrogen energy systems and technology, has announced a major breakthrough in cost reduction for its electrolyzer equipment. …

Expanse Selected as High Voltage EPC to Build 362kV T&D Infrastructure for Fervo Energy’s Next-Gen Geothermal Project

Expanse Electrical Co. announces its engagement with Fervo Energy in delivering the T&D infrastructure for world’s largest next-generation geothermal project. HOUSTON, TX, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- Expanse …

Combat Rising Electricity Costs with Solar Energy

New Jersey homeowners can benefit OCEAN, NJ, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- New Jersey residents are bracing for a significant increase in electricity costs this summer, with utility bills expected to rise by an average …

Stratus Team Acquires ESI, Expanding Water Resources Expertise

Stratus Team, LLC acquires Engineering Strategies, Inc. (ESI), a Marietta, Georgia-based firm specializing in water and wastewater engineering services. PITTSBURGH, PA, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- Stratus Team, LLC (“ …

Merichem Technologies Launches Lease Program for SULFURTRAP® Skid-Mounted Lead / Lag Sulfur Adsorbent Vessel System

Removal of H2S is mandatory for meeting environmental regulations by preventing sulfur dioxide emissions when gas is burned HOUSTON, TX, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- Merichem Technologies today announced its SULFURTRAP® …

Cloudwick Expands its Sales Footprint and Public Sector Expertise with Two New Senior Leaders

Cloudwick expands public sector reach with hires: Stuart Venzke & Rachel Thomas, boosting data- and AI-driven innovation for government agencies. NEWARK, CA, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- Cloudwick, a leading …

The European Magazine releases The Science Alliance, featuring Gary Yohe on the alarming acceleration of climate change

Leads with Gary Yohe on the alarming acceleration of climate change, unprecedented impacts, and critical need for immediate mitigation and adaption strategies LONDON, UNITED KINGDOM, February 24, 2025 /⁨EINPresswire.com⁩/ -- The supplement leads …

Arizona Church Becomes Energy Independent with 114 Solar Panels, Projected to Save $700,000 on Electric Bills

Desert Garden UCC in Sun City West installed a 47 kW solar array, deepening their commitment to being stewards of God’s creation, while saving money. SUN CITY WEST, AZ, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- Yesterday, Desert …

Kineviz Partners with Ultipa to Unlock Complex Data Relationships and Real-Time Graph Analytics

Collaboration Integrates Kineviz’s GraphXR and SightXR Products with Ultipa Powerhouse to Unlock Complex Data Relationships and Real-Time Graph Analytics SAN FRANCISCO, CA, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE …

AiDASH Unveils CRISTM 2.0 to Help Utilities Prevent Wildfires Before They Ignite

Intelligent vegetation management approach transforms how utilities prevent catastrophic wildfires PALO ALTO, CA, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- AiDASH, an enterprise SaaS company providing satellite-first AI applications …

Craters & Freighters: Driving Sustainability Through Tree Planting

Leading in custom crating, packaging, and shipping, Craters & Freighters champions sustainability, supporting global reforestation to restore biodiversity. DENVER, CO, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- HIGHLIGHTING …

Oil Drilling Automation Market projected to achieve a CAGR of 8.67% to reach US$4.895 billion by 2030

The oil drilling automation market is anticipated to grow at a CAGR of 8.67% from US$3.206 billion in 2025 to US$4.895 billion by 2030. NEW YORK, NY, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- According to a new study published by …

Concentrated Solar Power Market Future: What Experts Predict

Concentrated Solar Power Market – Global Growth Rate of 16.6% | Asia Pacific CAGR of 17% by Japan, Singapore, Australia, South Korea WILMINGTON, DE, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- According to a new report published …

Choosing the Small Wind Turbine Step by Step - Expert Guide by Freen

Learn how to choose the right type of the small wind turbine for your needs. Expert guide by Freen, manufacturer of small wind turbines. KOHTLA-JäRVE, IDA-VIRU, ESTONIA, February 24, 2025 /⁨EINPresswire.com⁩/ -- With rising electricity prices and …

DFI Piling Establishes Permanent Location in Williston, North Dakota

WILLISTON, ND, UNITED STATES, February 24, 2025 /⁨EINPresswire.com⁩/ -- DFI Piling is excited to announce the opening of a permanent facility in Williston, a significant development that reinforces the company’s dedication to serving the North …

Mueller Water Products to Participate in the Gabelli 35th Annual Pump, Valve & Water Systems Symposium

ATLANTA, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced that its …