First compressor station in Croatian gas transport system put in operation
The first compressor station in the Croatian gas transport system was formally put in operation last week, with Prime Minister…
Chisăliță: The figure of 70% of pipes replacement is wrong, but the system needs to be replaced
Bogdan Tudorache Transgaz announced that, following the closure of the gas balance for the year 2019, the total gas consumption…
NIS to invest 72 mln. euro in Pancevo refinery modernization
Serbian oil and gas company NIS, majority owned by Gazprom, plans to invest over 72 million euro ($80 million) in…
ANRE decreases the yield for gas distribution to 5.66%
Bogdan Tudorache The energy regulator (ANRE) has decided to decrease the rate of return on capital (RRR) for gas suppliers…
The price of Romanian gas, 32% higher than at the Vienna stock exchange, in December
The price of Romanian gas on the Romanian Commodity Exchange (BRM) reached, in December, 103.71 lei per MWh, 32% higher…
Romania imported 7.17 million crude oil, in the first 10 months of 2019
Romania imported, during the first 10 months of 2019, an oil quantity of 7.17 million tonnes of oil equivalent (toe),…
New fuel station, opened in Chisinau by Rompetrol Moldova
KMG International, through its subsidiary Rompetrol Moldova, recently completed the modernization of the Rompetrol fuel station in Chisinau, situated on…
Romania, among the countries with the biggest problems in utilities’ payment
Nearly 7% of households in the European Union were unable in 2018 to pay their bills on utilities (heat, electricity,…
Rompetrol has won three of the five lots of a large oil services contract for Petrom
Rompetrol Well Services, part of the KazMunayGas Intrernational group (KMGI-Rompetrol), won tenders for three of the five lots of a…
Oil and gas sector ”losing its social licence to operate,” UK boss warns
Tim Eggar, chairman of the UK’s Oil and Gas Authority (OGA), sent shockwaves through the industry when he said growing…
Havrileț: Target for renewables proposed to EC by Romania – 30.5% for 2030, we will not give up coal
Bogdan Tudorache The target for renewables proposed by Romania to the European Commission for 2030 is of 30.5%, and gas…
Only 30% of OMV’s production comes from Petrom
The share of hydrocarbons extracted by OMV Petrom in the total production of the parent company, OMV, has halved in…
Romgaz increased its participation in Depogaz by fixed assets
Bogdan Tudorache The shareholders of Romgaz, summoned at the extraordinary general meeting (OGMS) on January 15, did not take any…
ROPEPCA: Oil companies around the world are waiting for the new round of tenders for the perimeters in Romania
Oil companies around the world are waiting for the start of the 11th Round of concessions for oil perimeters in…
Transgaz: Works at the Ungheni-Chisinau gas pipeline are on schedule
Transgaz offered assurances that the works at the Ungheni-Chisinau gas pipeline are on schedule and it will be ready in…
OMV Petrom doubled its gas sales in Q4 2019 to a record high
OMV Petrom doubled its gas sales to third parties in the last quarter of 2019 compared to the similar period…
Putin says Nord Stream 2 to be completed by early 2021
Russian President Vladimir Putin said that he hopes work on the Nord Stream 2 gas pipeline will be finished by…
Ministry of Economy and Energy calls for the replacement of Sevil Shhaideh from OMV Petrom’s board
The Ministry of Economy, Energy and Business Environment (MEEMA) has asked OMV Petrom to organize a shareholders’ meeting for the…
Transgaz: The Competition Council investigation refers to the period 2009-2011
The investigation of the Competition Council regarding the contracts concluded by Transgaz refers to the award procedures that took place…
Romgaz will take part in the second stage of the market test for the LNG terminal in Greece
Romgaz will participate in the second stage of the market test on the completion of the liquefied natural gas (LNG)…
Nicolescu: The government’s position in the Exxon case is a correct one
Bogdan Tudorache Răzvan Nicolescu considers as correct the position of the government not to allow the Exxon project company to…
Russian gas sales on Gazprom Export’s ESP hit record daily high
Russian gas sales on Gazprom Export’s Electronic Sales Platform (ESP) hit a new daily record high on Thursday, with a…
Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…