Latest news
Romania wants to reduce its participation in Petrom
OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.
read more... 27/04/2010
Petrom diversifies its power mix in Romania
Romanian oil and gas company, Petrom, plans to build a wind farm in Dobrogea, in south-eastern Romania. Starting with this project, the company wants to develop renewable energy and turn from a pure oil and gas company into an energy player in the Romanian energy market.
read more... 19/04/2010
Investment of Petrom in Romanian wind power project
Petrom, the Romanian oil and gas group, intends to purchase a wind power project, looking for new opportunities for assessment of potential energy sources, insulating against the inefficiency of the existing refineries this way.
read more... 16/04/2010