Petrom to move into renewable energy market in 2011

Oil and natural gas company OMV Petrom, held by Austria-based OMV, will move into the renewable energy in 2011, when the company plans to get into the electricity business.“For the time being, we’re looking at a number of renewable power generation technologies, and make a decision according to what the market offers. Anyway, in 2011 we will be ready to produce electricity at our plant in Brazi”, Petrom said.The company said on its website that it planned to make move into ...

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