OMV Petrom contributes 4 million euro to support ”Romania Eficienta” program launched by EPG
OMV Petrom, the largest player on the Romanian energy market, endorses the Energy Policy Group (EPG) “Romania Eficienta” program. OMV…
Gazprom says new Ukraine government needed for gas talks
Russian state gas giant Gazprom is awaiting the formation of a Ukrainian government before starting talks with Kyiv on extending…
2019 Energy Strategy Summit – The future is already here!
We launched the 5th edition of the Energy Strategy Summit – “Mapping the Future”, with an implicit metaphor in mind…
BCR has an exposure of 750 million euro in the energy sector
The financial system and banks have confidence in the energy system and BCR demonstrates this by having an exposure worth…
Johan Meyer: Romania needs stable legislation, GEO 114 must be repealed, corporate governance instated
Romania has been blessed with an abundance of natural resources – gas, oil, hydro and also enough sunshine and wind,…
Romgaz: World market game is changing, green energy and diversification become more and more important
The world energy system is currently in a permanent dynamic. Reserves are controlled through strategies, but the price paid by…
Petrom finalizes the 50 million euro investment in the Hurezani gas treatment plant
OMV Petrom invested around 200 million euro between 2010-2019 for development of a centralized gas treatment hub serving domestic gas…
Julian Bowden (Oxford Institute for Energy Studies): More marketing and market analysis needed
We need to study the history, which tends to repeat itself, says Julian Bowden, Senior Visiting Research Fellow – The…
Franck Neel (FPPG): We have the solution in finding the vulnerable consumers
What we have done, with GEO 114, was to subsidize the Russian gas, putting a cap for local producers, Franck…
Saniya Melnicenco (ROPEPCA): Romania can gain more if it attracts new investors and stimulates the existing ones
Romania needs clear strategies and regulations, Saniya Melnicenco, president of ROPEPCA, told at the 2019 Energy Strategy Summit, an event…
Ade Gas expands by taking over assets from Azalis, Eurogenetic and Dolchimex
The Competition Council authorized the transaction through which Ade Gas Oil Company takes some assets from its associates Azalis SRL,…
The Central Depository will distribute dividends of OMV Petrom
The Central Depository will distribute dividends to shareholders of OMV PETROM from 13.06.2019 to 14.06.2022, the institution announced. The Issuer…
Energy Minister, Energy Strategy Summit: Tarniţa in government meeting next week; negotiations with the EU on carbon certificates
Romania has a relatively balanced energy mix and it can cope with most of the situations, Energy Minister Anton Anton…
Ciocănelea, Energy Strategy Summit: Vulnerable Consumer Commission and Launch of the Round XI of the concession of new petroleum blocks
The Prime Minister has approved the establishment of an inter-ministerial commission that will draft legislation on the definition and protection…
Chiriţă, Energy Strategy Summit: Withdrawal of 10,000 MW, more storage for gas, a transparent gas market
ANRE has developed and will develop new regulations so that competition, transparency and non-discrimination will be considered in the field…
We released the 23rd issue of the energynomics.ro Magazine, at the 2019 Energy Strategy Summit!
The 23rd edition of energynomics.ro Magazine was launched on Tuesday, June 11th, within the 5th edition of Energy Strategy Summit. 184 pages of interviews,…
Transgaz approves the smaller dividend, but if it does not invest it will have to provide additional dividends
Bogdan Tudorache Transgaz shareholders were able to approve the dividends for the financial year 2018 with 93.7% of votes. Thus,…
The Ministry of Energy and the KEVR support the creation of a natural gas exchange in Bulgaria
“Only in case of diversification of natural gas supplies we can talk about competition and create conditions for market liberalization”,…
Oil at $100? Experts predict where crude could go if an Iran conflict breaks out
Oil is in the crosshairs as the prospect of confrontation brews between the U.S. and Iran. A top military aide…
OMV Petrom invests 46 mln. euro in the coking plant at the Petrobrazi refinery
OMV Petrom continues the modernization works at the Petrobrazi refinery. The company has invested about 46 million euros since 2017…
FPPG: Romania should cancel the price cap, adapt market conditions and interconnect faster
In the aftermath of the new regulations’ (GEO 114/2018 and GEO 19/ 2019) effects, the Romanian Oil and Gas Employers’…
OMV and Porsche Holding partner to boost CNG fuelling
OMV is investing up to EUR 10 million in the CNG network, with plans to upgrade the existing dispensers and…
Nord Stream 2 ready by 57% – Gazprom
Nord Stream 2 gas pipeline, which lies from Russia to Germany is constructed by 57%, as Gazprom’s information office informed,…