OMV Petrom validates €750 million investment in sustainable fuels

By investing 750 million euros in a new plant at Petrobrazi, OMV Petrom, the energy leader in Southeast Europe, is positioning itself as a future major player in biofuels.

Share:

OMV Petrom valide 750 M€ d'investissement dans les carburants durables.

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

OMV Petrom accelerates its transformation with a major investment of almost 750 million euros at its Petrobrazi site in Romania. The ambitious goal is to make this refinery the region’s leading producer of sustainable fuels. According to Christina Verchere, CEO ofOMV Petrom We are taking a decisive step forward in our transformation towards low-carbon energy. In addition to our new renewable energy projects, we are committing major investments to decarbonize transport in Romania. Between now and 2030, we will devote 11 billion euros to transforming our business from a sustainable perspective, both in Romania and in neighboring countries.”

A new state-of-the-art biofuels plant

At the heart of this massive investment is the construction of a state-of-the-art unit dedicated to the production of sustainable aviation fuels (SAF) and renewable diesel (HVO), at a cost of 560 million euros. With an annual production capacity of 250,000 tonnes, this ultra-modern, flexible facility will be able to adjust its production mix according to market demand and raw material availability. The plant will also generate bio-naphtha and bio-GPL for use in the chemical industry.

Green hydrogen at the heart of the process

Two green hydrogen production units with a total capacity of 55 MW, representing an investment of around €190 million, including €50 million from European funds, will complete the industrial facilities. With an estimated annual production of 8,000 tonnes, this renewable hydrogen will be integrated into the biofuel manufacturing process, enabling a reduction of at least 70% in CO2 emissions compared with conventional fuels.

Securing sustainable supply

To ensure a sustainable and responsible supply of raw materials, OMV Petrom has acquired a 50% stake in “Respiră Verde”, Romania’s leading used edible oil collector. Every year, the company recovers up to 10,000 tonnes of oil from catering and supermarket chains, guaranteeing a local source of biomass.

A committed regional energy player

As the main contributor to the Romanian state budget, with 42 billion euros in taxes and dividends paid out since 2005, OMV Petrom is reaffirming its role as a driving force in the Balkans’ energy transition. Between now and 2030, the Group plans to invest 11 billion euros in low-carbon energy, in line with European climate objectives. Backed by 43% Romanian shareholders, including 20.7% state-owned, OMV Petrom is anchoring its new industrial developments in the heart of Romania. An approach that creates local jobs and contributes to Romania’s energy sovereignty. By integrating local production of 250,000 tonnes of sustainable biofuels from 2028, OMV Petrom will substantially reduce imports of petroleum products and strengthen the security of energy supply for the country and the region. A major strategic challenge at a time when geopolitical tensions are disrupting world hydrocarbon markets.

Vermont’s energy regulator authorises final review of a 2.2 MW project led by Clean Energy Technologies to convert agricultural waste into renewable electricity.
The increase in Brazil’s biodiesel blend mandate to 15% has reignited calls for stronger regulatory supervision as prices climb and budget constraints limit enforcement.
Waga Energy strengthens its presence in Brazil, betting on a rapidly structuring market where biomethane benefits from an incentive-based regulatory framework and strong industrial investment prospects.
John Cockerill and Axens launch NesaBTF, an industrial torrefaction technology designed to optimise biomass supply, with targeted ambitions in the growing sustainable aviation fuel market.
A R550mn grant enables Johannesburg to launch a waste-to-energy project with a 28 MW capacity under a 25-year public-private partnership model.
ENGIE signs a 15-year agreement with CVE Biogaz for the purchase of biomethane produced in Ludres, under the Biogas Production Certificates mechanism, marking a structuring step for the sector's development in France.
The first phase of a green methanol project in Inner Mongolia has successfully completed biomass gasifier technical tests, marking a key milestone in Goldwind's industrial deployment.
Eni begins the transformation of its Priolo complex in Sicily with a 500,000-tonne biorefinery and a chemical plastic recycling plant, based on its proprietary Hoop® technology.
Waga Energy has launched a biomethane production unit in Davenport, Iowa, in partnership with the Scott County Waste Commission and Linwood Mining and Minerals, with an annual capacity exceeding 60 GWh.
German group Uniper has entered into a long-term supply deal with Five Bioenergy for biomethane produced in Spain, with deliveries scheduled to begin in 2027.
Hanoi is preparing a tax relief plan for biofuel producers to support domestic ethanol output ahead of the E10 mandate rollout planned for 2026.
Lesaffre and ENGIE Solutions have inaugurated a waste heat recovery unit in Marcq-en-Barœul, covering 70% of the site's thermal needs through two industrial heat pumps.
Biochar projects are drawing investor interest in India, but signing regulated offtake contracts has become essential to ensure market compliance and financial stability in the carbon sector.
EDF power solutions and Refocosta have inaugurated Colombia’s largest wood biomass power plant in Villanueva, with 30 MW of capacity and an annual output of 200 GWh injected into the national grid.
Copenhagen Infrastructure Partners invests in Nivalan Biokaasu, Finland’s largest bioLNG plant, with construction set to begin in late 2025 and operations scheduled for 2027.
The Netherlands' lower house voted to adopt RED III, including technical amendments, paving the way for timely transposition by January 1, 2026, in line with EU commitments.
Technip Energies has secured two engineering contracts from Repsol for an innovative waste-to-methanol facility in Tarragona, Spain, marking a strategic milestone in its partnership with Enerkem.
Energy producer CVE Biogaz launches a facility in Tarn capable of processing 21,500 tonnes of biowaste per year to produce biomethane injected into the local gas network.
Australia refocuses its national biomass plan on agriculture and forestry, excluding green hydrogen and urban waste from eligible feedstocks.
A bipartisan group of 47 lawmakers is calling on the US Environmental Protection Agency to maintain high biodiesel quotas to support local agriculture affected by falling exports to China.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.