OMV invests in flagship green hydrogen plant
OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria.
OMV has made the final decision to invest a mid-three-digit million-euro sum in a new flagship green hydrogen plant in Bruck an der Leitha, Lower Austria.
OMV announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
Clariant and OMV have announced a partnership to supply ethylene with a reduced carbon footprint.
OMV will start building a network of 28 ultra-fast electric car charging stations on the country's high-traffic routes by the end of the year.
OMV Petrom has allocated RON 1.5 million (€300,000) in 2023 to train a new generation of energy professionals.
OMV Petrom has reduced carbon intensity by 11% compared to 2019 and its overarching ambition is to achieve a 30% reduction by 2030 compared to 2019. OMV Petrom is planning to have photovoltaic panels installed in 50% of the group filling station network by 2025.
Austrian energy group OMV and Hungary-based low-cost airline Wizz Air have signed a Memorandum of Understanding (MoU) for the supply of approximately 185,000 tonnes of Sustainable Aviation Fuel (SAF) for the period 2023 to 2030.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.