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Saudi oil minister was sacked after a tenure of two decades
Saudi oil minister Ali al-Naimi was dismissed after more than 20 years since he took office, according to international media.…
Petrom pays dearly for Oil Terminal services
Oil Terminal will receive in the next 12 months approximately 31.5 million lei for storage of crude oil and oil…
Victor Grigorescu, Minister of Energy: The policy reform dilemmas
After five months in office at the Ministry of Energy, is required a serious discussion about the reform and putting…
OMV makes a comeback in Iran oil industry
The OMV Group, Petrom’s majority shareholder, and the National Iranian Oil Company (NIOC) signed in Tehran a series of agreements…
EBRD supports large projects in renewable energy
EBRD makes a review of the major renewable energy projects in which it has invested. Whiule projects of tens and…
The appeal court canceled the opening of insolvency at CEH
The application for entry into insolvency of Hunedoara Energy Complex (CEH) was canceled by the Alba Iulia Court of Appeal…
Halliburton and Baker Hughes stopped their 28 billion dollars merger
US and European Union (EU) competition authorities ended the merger between Halliburton and Baker Hughes, global providers of oilfield services,…
Energy suppliers pay a green certificate not acquired with 539 lei
Energy suppliers will pay 539 lei per green certificate not acquired in 2016 according to the annual mandatory quota shows…
Transgaz made last year nearly 70% of the proposed investment
Last year, the natural gas transport and dispatching company Transgaz, has made investments totaling 239.55 million lei, representing 68% of…
Chinese company takes over 51% of KMG International, former Rompetrol Group
KazMunayGas (KMG) and China Energy Company Limited (CEFC) signed Friday, April 29, the documents for setting up a joint venture…
