Competition authorized the acquisition of Rohrer’s assets by the Petroleum Services Group
The Competition Council has authorized the transaction through which some assets and activities are transferred from the Rohrer Group to…
Neel: Romania has the opportunity to become the main gas producer in the EU
Bogdan Tudorache Romania has the “major opportunity” to become the largest gas producer in Europe, says Franck Neel, president of…
Cristian Păun, ASE: The gas industry is overtaxed
Bogdan Tudorache The gas industry has barely managed to regain ground after the crisis, says university professor Cristian Păun. The…
Dudău: Government must urgently solve the situation of the Black Sea gas exploitation
Bogdan Tudorache It is important that the members of the gov’t, whoever they will be, solve the situation of the…
Cristina Pruna: The state received 1.93 bln. lei from natural gas production taxation, in the first eight months
The Romanian state received from the taxation of the natural gas production 1.93 billion lei, in the first eight months…
Poor quorum at OIL Terminal’s GSM
The majority shareholder, the Romanian state, did not attend in the last shareholders meeting (GMS) of the Oil Terminal. The…
ANRE: Gas suppliers have stored 30% more for winter than the minimum stock
Gas suppliers have deposited 2.8 billion cubic meters of gas for this winter, 30% more than the mandatory minimum stock…
MOL Romania: Gas sales up 12%, diesel rose 7.5%
Bogdan Tudorache MOL Group revised positively its yearly current costs result, whilst in Romania, MOL’s retail fuel sales registered significant…
Transgaz inaugurated the second new compression station on the BRUA pipeline, at Jupa
Transgaz inaugurated the natural gas compression station (STC) in Podișor (Giurgiu county), an over 22 million euros worth investment. STC…
Bulgaria pledges to US Ambassador that works at the Greece pipe will finish next year
Bulgarian Energy Minister Temenuzhka Petkova and US Ambassador Extraordinary and Plenipotentiary to Bulgaria Mrs. Herro Mustafa have confirmed that they…
Naftogaz takes into account the Romanian gas
Naftogaz takes into account, in case it will not reach an agreement with Gazprom for the continuation from January 1,…
Lukoil and MOL will sign a US 10 bln. contract
Russian oil group Lukoil will sign a USD 10 billion contract with Hungarian oil group MOL on oil supply, Lukoil…
Virgil Popescu: It is not incompatible to have a wife that manages Petrom petrol stations
The proposed minister for the portfolio of Economy and Energy, Virgil Popescu, does not consider that there is a state…
Transelectrica and Transgaz could go to the Ministry of Finance
Prime Minister-designate Ludovic Orban said that Transelectrica and Transgaz will move from the Ministry of Economy to the Ministry of…
Green light for Lukoil and Romgaz drilling at the Black Sea
The Competent Authority for Regulating Offshore Petroleum Operations (ACROPO) has given the green light for work start for the Lukoil…
OMV Petrom: 2.8 billion lei worth net profit, at 9 months, one third of the contributions to the state budget
OMV Petrom announces a 13% increase in consolidated sales in the first nine months of the year compared to 2018,…
The price of oil kept stable in the last week
Bogdan Tudorache Oil prices remained stable, with WTI trading at around $55/ barrel and Brent at around $60/ barrel, according…
Rompetrol opened its 55 fuel station in Bulgaria
Rompetrol Bulgaria has officially opened a new fuel station in Dupnitsa, a city located 70 km south of the capital…
Scarabeo 9 platform will begin drilling in the Black Sea Trident perimeter
The Scarabeo 9 drilling plant starts drilling in the Trident perimeter, explored by Lukoil and Romgaz, a resource perimeter estimated…
Over 2,500 cases of fraudulent consumption of energy and gas in the Delgaz Grid network
Delgaz Grid specialists identified, between January and September, over 2,500 cases of fraudulent consumption, 800 of which were of natural…
The price of gas for domestic consumers could increase by about 10% from April 2020
The regulated price of gas could increase by about 9-10% from April 1, 2020, if the liberalization calendar that the…
Romgaz and Socar, new partnership for upstream
Romgaz and SOCAR, the State Oil Company of the Republic of Azerbaijan, have signed a Memorandum of Understanding whereby both…
Big oil and gas companies spent over 250 mln. euro lobbying the EU
The world’s five largest oil and gas companies, BP, Shell, Chevron, ExxonMobil and Total, as well as groups representing the…