OMV Petrom to invest €750m to become first major sustainable fuel producer in Southeast Europe

OMV Petrom to invest €750m to become first major sustainable fuel producer in Southeast Europe

OMV Petrom, the largest integrated energy producer in Southeast Europe, is set to invest approximately EUR 750 million at its Petrobrazi facility to become the region’s first significant producer of sustainable fuels. This initiative is a critical component of the company’s broader strategy to transition towards a lower carbon future. Significant Investment in Renewable Energy […]

Focus Impact BH3 to acquire renewable diesel producer XCF Global Capital

Focus Impact BH3 to acquire renewable diesel producer XCF Global Capital

Focus Impact BH3 Acquisition Corp., a special purpose acquisition company (SPAC) formed by Focus Impact Acquisition Corp. (NASDAQ: BHAC), has revealed plans to acquire XCF Global Capital, Inc., a New York-based leader in the production of sustainable fuels, including renewable diesel and sustainable aviation fuel. This proposed transaction, valuing XCF at $1.75 billion, is a […]