OMV Petrom’s Post

In an unprecedented context of very high volatility, successive health and energy crises and geo-political tensions, #OMVPetrom remains committed to 2021 announced strategy and made some key adjustments aiming at a more rapid build out in renewables, more ambitious targets in e-mobility and clearer capital allocation principles with increased dividend distributions, highly competitive versus peers. #energytransition #renewables #sustainability

Petrobras signs an agreement with European Energy to assess business opportunities for e-methanol In Brazil, Petrobras signed a Memorandum of Understanding (MoU) with Danish company European Energy, to investigate the business opportunities for developing an e-methanol plant in Brazil. Petrobras said that e-methanol is a low-carbon substance that can be used in various industrial processes and as a fuel, especially for maritime transport. It is produced from various renewable sources of green hydrogen, such as solar and wind power, and biogenic carbon dioxide. “Petrobras wants to focus on having good partners like European Energy. This partnership will benefit both sides. We can provide our knowledge and help to bring both the companies and our countries closer together,” said Jean Paul Prates, the president of Petrobras.https://bit.ly/3T1JGkE #methanol #efuel #energy #sustainable #energytransition #futurefuel #cleanfuel #alternativefuel

Marubeni eyes £10bn investments in UK clean energy projects Japanese conglomerate Marubeni Corp and its partners are looking at investing about £10bn ($12.3bn) in clean energy projects in the UK over the next 10 years. #ICIS #Marubeni #energy #hydrogen #netzero #gas #emissions #carbon https://bit.ly/3FgcMVk

Petrobras signs an agreement with European Energy to assess business opportunities for e-methanol In Brazil, Petrobras signed a Memorandum of Understanding (MoU) with Danish company European Energy, to investigate the business opportunities for developing an e-methanol plant in Brazil. Petrobras said that e-methanol is a low-carbon substance that can be used in various industrial processes and as a fuel, especially for maritime transport. It is produced from various renewable sources of green hydrogen, such as solar and wind power, and biogenic carbon dioxide. “Petrobras wants to focus on having good partners like European Energy. This partnership will benefit both sides. We can provide our knowledge and help to bring both the companies and our countries closer together,” said Jean Paul Prates, the president of Petrobras.https://bit.ly/3T1JGkE #methanol #efuel #energy #sustainable #energytransition #futurefuel #cleanfuel #alternativefuel

#ZFPowerSummit2024 is one of the most eagerly awaited events in the #energy sector. It facilitates direct debate between authorities, #investors, participants to the market and lawyers for a better understanding and regulation of this very important sector. We are thrilled that Managing Partner Oana Ijdelea will kick off the first day of the event touching on #energysecurity, #energytransition and the importance of #naturalgas in this mix. See you there!

OMV Petrom Affirms Strategy 2030 Progress Toward a Greener Future and Increased Dividends for Shareholders OMV Petrom, the largest integrated energy producer in South-East Europe, continues to advance its activities and products in line with Strategy 2030, aimed at contributing to a lower carbon future. The company’s strategic ambition remains unchanged: to lead the energy transition in South-East Europe through three key directions—Transition to low and zero carbon, Grow regional gas, and Optimize traditional business. To support the implementation of Strategy 2030, OMV Petrom plans to invest EUR 11 billion from 2022 to 2030. Strategy 2030 enables OMV Petrom to achieve significant milestones: Christina Verchere, Chief Executive Officer of OMV Petrom, stated, “We remain committed […] Read the full story here: https://lnkd.in/dAnwUX8S #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #europe #greenenergy #omvpetrom #renewableenergy #romania #solarenergy

Petrobras and Danish company European Energy have signed an (MoU) to investigate business opportunities for developing an e-methanol plant in Brazil, on a non-binding basis. According to Petrobras, the companies have vertically integrated operations involving the energy transition, including generating renewables and providing green hydrogen-based solutions. Commenting on the MoU signing, Jean Paul Prates, the President of Petrobras, said: “Petrobras wants to focus on having good partners like European Energy… This partnership will benefit both sides. We can provide our knowledge and help to bring both the companies and our countries closer together.” To note, e-methanol is a low-carbon substance produced from various renewable sources of green hydrogen, such as solar and wind power, as well as biogenic carbon dioxide. It can be used in various industrial processes and as a fuel, especially for maritime transport. The MoU is said to fit with the strategic elements of Petrobras’ 2024-28 Strategic Plan, designed to ensure the company is contributing to the success of the energy transition. In the last few months, Petrobras teamed up with multiple companies in a bid to prepare itself for a more sustainable future during the energy transition journey. The collaborations include deals with energy majors such as Vale, TotalEnergies and Casa dos Ventos Energias Renováveis. #hidrogenioverde #hidrogenoverde #idrogenoverde #greenhydrogen #renewablehydrogen #h2lligence #bluehydrogen #brazil #europeanenergy Osama Fawzy Georgy HENEIN, MBA

🤝 A MoU has been signed by TotalEnergies, Petrobras and Casa dos Ventos Holding to evaluate perspectives and joint opportunities in #renewableenergy and low-carbon hydrogen in #Brazil. How will this help to amplify profitable hydrogen opportunities in the country? 👇 🔗 Find out here: https://ow.ly/jh9850PMKCB #H2Leaders #Hydrogen #HydrogenIndustry #HydrogenEconomy #EnergyTransition #Energy #HydrogenNews #EnergyNews #HydrogenBrazil