Tag: investment

OMV Petrom invested 50 million euros in Hurezani gas treatment plant – Romania, 13 June 2019

The largest Romanian oil and gas company OMV Petrom, a subsidiary of Austrian OMV Group, said that it has invested around 50 million euros in the third and final development stage of its Hurezani natural gas treatment plant. The plant is expected to become fully operational during July. The inves Full article available for subscribers of […]

HEP plans to build two solar power plants with combined output of 95 MW – Croatia, 10 June 2019

According to a request submitted to the Ministry of Energy and Environmental Protection, Croatian state-owned power utility HEP is planning to build two solar power plants – 60 MW plant in Obrovac Sinjski and 35 MW plant in Konacnik, both in Split-Dalmatia County. These two plants are a part of H Full article available for […]

OMV Petrom invested 46 million euros in cocing plant at Petrobrazi refinery – Romania, 05 June 2019

The largest Romanian oil and gas company OMV Petrom continues the modernization of its the Petrobrazi refinery, as it has invested about 46 million euros since 2017 to upgrade the coking plant. At this facility, a closed-loop rapid drainage system has been implemented that totally eliminates any emi Full article available for subscribers of Energy […]