Ioan Niculae reopens Viromet
The chemical plant Viromet Victoria, owned by Interagro’s Ioan Niculae, was restarted on Thursday. It is the first chemical unit…
Manuela-Petronela Stan-Olteanu, chairman of the Board of directors of Romgaz
The Board of directors of Romgaz appointed Manuela-Petronela Stan-Olteanu as chairman on Wednesday, according to a press release issued to…
Gas pipeline of 27 mln. lei Pojorâta-Vatra Dornei, a project of national importance
At the Government meeting on Wednesday, July 3, a Government Decision was adopted by which the gas pipeline Pojorâta-Vatra Dornei…
Poland is consolidating its oil industry: PKN ORLEN aquires LOTOS Group
Bogdan Tudorache PKN ORLEN has just filed a formal application for the European Commission’s approval of its proposed acquisition of…
Ukraine’s preparations for termination of gas transit by Gazprom from 2020 under threat over fall in production by Ukrgazvydobuvannia
Ukraine should prepare for the full termination of Russian gas transit from early 2020, although the preparations are endangered over…
Kazakhstan to divert some oil flows from Europe to China
Kazakhstan plans to increase oil exports to China to 6-7 million tonnes a year from just 1 million tonnes at…
Gazprom signs 5-year natural gas contract with Turkmenistan
Gazprom has signed a 5-year contract with Turkmengaz to purchase natural gas, the Russian gas producer said on Wednesday. Turkmenistan…
Havrileţ: Romgaz could have a new strategy department
Niculae Havrileţ, recently elected administrator at Romgaz, is interested in creating a new strategy department. “As a member of the…
OMV Petrom invests another 30 mln. euro in offshore drilling in the Black Sea
OMV Petrom has launched a new offshore drilling campaign in shallow waters in the Istria region of the Black Sea.…
Nicolaescu, OMV Petrom: Competition is significant for the fuel market
The Romanian fuel market is free, competition is significant and each company independently determines the price, said Adrian Nicolaescu, chairman…
Effect of GEO 114: When gas prices rise, the real sector takes over the burden
Although the effect of increasing the price of gas for the unregulated segment following Ordinance 114 was anticipated by specialists,…
Romgaz appoints five new members of the board
The shareholders of Romgaz have decided to appoint new members of the Board of Directors of the company. Five full-time…
Petrom employees could buy shares at the privatization price
The Government is obliged to implement a decision of the High Court of Cassation and Justice (ICCJ), according to which…
Energy renovation for buildings in the education system (Mihai Maerean, CEO Bjorn Heizung)
Mihai Maerean, CEO Bjorn Heizung Not a novelty, as such, the energy renovation of public buildings, especially those in the…
When interim governance it’s the new twisted “normal” (interview Johan Meyer, Fondul Proprietatea)
For the next three years, GEO 114/2018 has potential to have a significant negative impact on the performance of companies,…
Russian gas pipeline to Germany sows divisions in Europe and beyond
Russia’s state energy giant Gazprom says it is nearing completion of the Nord Stream 2 pipeline, set to stretch 765…
The Competition Council launches the fuel price monitor
The Competition Council (CC) will launch on Monday, July 1, the “Fuel price monitor” platform, which will contain information on…
E.ON Romania: It will be a challenge to ensure the gas consumption of the population if we have a bad winter
Ensuring the gas consumption of household customers and heat generating plants will be a challenge if the next winter will…
Mihai Dârzan, Ringhel: Digitalization is an effect of market demand
Everyone talks about digitalization, but it is an effect of a need, the need to be efficient, to do more…
Investment of about 6 million lei for the extension of natural gas distribution in the southern area of Constanta Port
The National Company of Maritime Ports Administration (CNAPM) is investing from its own sources about six million lei for the…
ANRE announces the decrease of gas prices for the regulated segment
The Regulatory Committee of the National Regulatory Authority for Energy – ANRE approved at its meeting on Monday 24 June…
E.ON: Romania needs a functional gas market with sufficient quantities and a benchmark price
Energy market authorities and players, along with civil society, have to resume talks on gas market liberalization and functionality, Anca…
Petre Stroe, MET: Romania needs real education programs for the consumer
Things are evolving with astonishing speed in terms of sustainability and predictability, saids Petre Stroe, CEO of MET Romania Energy…