Ioan Niculae puts up for grabbs almost 50 MW of gas cogeneration plants
The Energy Cogeneration Group company of the Interagro holdings owned by the businessman Ioan Niculae, which went bankrupt in September,…
Energy Efficiency – 2019 energynomics Awards nominations
We begin today to present the 2019 nominations for the energynomics Awards, with the Energy Efficiency category. Only one of…
Exxon’s Neptun Deep participation, estimated at USD 250 million
Exxon has put its 50% stake in Neptun Deep up for sale, worth an estimated USD 250 million, according to…
Fossil fuel production on track for double the safe climate limit
The world’s nations are on track to produce more than twice as much coal, oil and gas as can be…
Rompetrol Rafinare, increasing results in the jet fuel segment
Rompetrol Rafinare, a member company of KMG International, has continued to constantly increase its production of Jet A1 – the…
Romgaz is interested in taking over 15-20% of Neptun Deep
Adrian Volintiru, the general manager of Romgaz, said on Tuesday that the company is considering the possibility of taking over…
Stephen Birrell is the new president of ROPEPCA – Romanian Association of Oil Exploration and Production Companies
Stephen Birrell, CEO of Fora Oil and Gas, is the new elected president of the Romanian Petroleum Exploration and Production…
Competition Council: Oil companies await OMV Petrom’s decision to change fuel prices
Oil companies are waiting for the strategic moves of the market leader, OMV Petrom, to decide how to change the…
Stroe, MET: We want to invest in new gas capacity
Bogdan Tudorache MET Romania Energy, a private supplier of energy with a market share of 7-8% on the competitive market,…
Romgaz: The country’s gas consumption decreased by 5.7% in the first nine months
National gas consumption decreased by about 5.7% in the first nine months of this year, while Romgaz production was higher…
Transgaz reports a net profit of 224 mln. lei at 9 months, down 25%
The National Transgaz Mediaş National Gas Transport Company reported a net profit of 224.6 million lei in the first nine…
MOL Group completes the acquisition process of Aurora Group
The MOL Group announces that, as of October 31, 2019, it has acquired 100% of the shares of Aurora, a…
Walter Tosto Bucharest builds and exports 56 meter-long underground gas storage tanks
Walter Tosto WTB, the former Fecne plant on the IMGB platform, recently delivered to Azerbaijan 6 gas storage tanks (underground…
The price of natural gas drops below 60 lei per MWh on the spot market of the Romanian Commodities Exchange
The SPOT market of natural gas in Romania operated by the Romanian Commodities Exchange (BRM) registered, on November 07, the…
Expert Jury to reward excellence in energy at energynomics Awards 2019
Top level professionals and highly knowledgeable experts in the Romanian energy industry join the Jury to evaluate the candidate projects…
Iancu: Romgaz should take over Exxon’s participation in the Black Sea project
Romgaz should take over ExxonMobil’s participation in the Neptune Deep project in the Black Sea, in case the Americans decide…
Virgil Popescu: We need to clearly define which are the Romanians that really need a subsidy
The Minister of Economy, Energy and Business Environment, Virgil Popescu, argues that it must be clearly defined who are the…
Central European Day of Energy (CEDE), on 28th November in Bruxelles
On 28th November 2019 in Brussels Central Europe Energy Partners (CEEP) in cooperation with the European Commission DG Energy is organising the…
Orban: We will seek solutions as quickly as possible to unlock the Black Sea gas extraction projects
On Wednesday, Prime Minister Ludovic Orban gave a signal to investors in the energy sector, stating that the new Government…
Popescu: Energy and gas subsidies to the entire population of Romania must cease
Subsidizing the price paid by the entire population of Romania for energy and gas should cease and will continue to…
BCR: Oil prices rise by 10% could lead to an increase in inflation in Romania by 0.4%
An increase in oil prices by 10% could lead to an increase in inflation in Romania by 0.4 An increase…
Romgaz wants to sue the builders of the Iernut power plant for delays
Romgaz wants to purchase legal consulting services for a possible dispute with the builders of the power plant in Iernut,…
Mott MacDonald consortium designs South Gas Interconnector Bosnia-Croatia
A consortium led by UK-based Mott MacDonald has started drawing the design of a 160 km long South Gas Interconnector…