Oil royalties increased by about 4%, as a result of a new methodology
The oil royalties paid by OMV Petrom increased by about 4% as a result of a new methodology published in…
Ministry of Economy: Ioan Niculae – interested in importing gas from Israel
Economy Minister Niculae Bădălău met on July 9 with representatives of Delek Drilling, a company that provides over 60% of…
OMV signs agreement with Gazprom for USD 1 bln. Achimov gas field
OMV signed an agreement with Russian gas producer Gazprom setting the price at $1 billion for the potential acquisition of…
OMV closes Q2 with soaring operating results
Austrian integrated oil and gas company OMV recorded a 44% increase in second-quarter operating income, revealed in its financial results…
Gazprom assesses US sanctions bill
The Nord Stream 2 natural gas pipeline project’s operator, Gazprom, said on Thursday it was assessing a US bill passed…
First contract concluded on the Gas Forward CCP platform of the Romanian Commodities Exchange
The Romanian Commodity Exchange announces the conclusion of the first transaction on its new trading platform – “Gas Forward CCP”,…
EC approves state aid for Croatia’s 233.6 mln euro KRK LNG terminal project
The European Commission said on Wednesday it has found that Croatia’s plans to support the development of a 233.6 million…
Petrom has stored three times as much gas as last year
OMV Petrom had stored at the end of the second quarter of this 3.4 billion TWh of gas, three times…
Verchere: We need legislative stability for the Neptun Deep project
OMV Petrom continues to be extremely committed to the Neptun Deep project, but it needs clarity and legislative stability “as…
OMV Petrom posted a net profit growth of 53% in H1
OMV Petrom posted a net profit increase of 53% after the first half of this year (H1), the net result…
Exxon Mobil’s second-quarter results expected to sag, explaining the giving up on Neptun Deep
Bogdan Tudorache Exxon Mobil Corp’s plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns…
A new wave of LNG is set to hit the markets
The increased transition to natural gas in heating and electricity generation around the world will continue to drive liquefied natural…
Transgaz has officially approved the strategic plan for 2019 – 2028, which includes investments of 4 billion euro; final approval of ANRE follows
Bogdan Tudorache Transgaz shareholders approved with 97% of the votes the Development Plan of the National System of natural gas…
Minister of Energy, about the possibility of expensive gas for industrial customers: ”Engie makes this propaganda every year”
The Minister of Energy, Anton Anton, listed as propaganda the recent announcement of the company Engie regarding the increase of…
The competition authorized the acquisition of R&R Oil and RIG by the Rohrer group
The Competition Council authorized the operation by which the Rohrer Group takes over the R&R Oil Service – R.O.S. SRL…
Gas price and CO2 certificates drove heating companies to the limit of survival
The gas price has driven heating companies to the limit of survival, Doru Vișan, state secretary at the Ministry of…
Yemen urges oil companies to restart production – document
Yemen’s internationally recognised government has called on oil companies to restart production and exploration in the country, the Ministry of…
TurkStream second line will pass through Bulgaria and not Greece
The second line of the export gas pipeline TurkStream will pass through the territory of Bulgaria, not Greece, Russia’s Energy…
Transgaz and Itochu, a new memorandum on cooperation in large gas projects
Transgaz and Itochu Corporation signed a Memorandum of Understanding (MoU) on Friday, 26 July, which establishes a joint collaboration for…
Anton: Brexit could turn Romania into the largest gas producer in the EU
The exit of Great Britain from the European Union would turn Romania into the largest gas producer in the EU,…
Energy Minister: Gas imports are high due to storage
Gas imports are high due to storage, Energy Minister, Anton Anton, said. “We are now in the following situation: we…
The first LNG cargo from US reaches Polish shore
The first cargo of liquified natural gas under the long-term contract between PGNiG and US LNG provider Cheniere Energy arrived…
Investment worth 2 mln. USD at Vega Ploiești Refinery
Rompetrol Rafinare, a member company of KMG International, will upgrade, in the near future, the central heating system from Vega…