ANRE has decided to increase the gas price for households by about 6%
The National Regulatory Authority for Energy has decided to increase by 5.83% on average the natural gas price for households,…
The Ministry of Finance proposes capping the price of natural gas from domestic production for 3 years
UPDATE (July 23, 2018) On Friday, July 20th, the Ministry of Public Finance (MFP) withdrew the project for the capping…
KMG International launched the 18th edition of the Internship Program
KMG International, through its member companies, has launched the 2018 Internship Program, addressed to 160 high-school, license and master degree…
Kraft (ROPEPCA): Romania should encourage investment in the manufacturing industry in order to use its natural gas
The best solution for the using domestic natural gas at home would be for the Government to motivate the industry…
Romania has imported over 3.46 million tons of crude oil in the first five months of 2018
Romania has imported over 3.46 million tons of crude oil (tep), in the first five months of 2018, with 620.100…
Rompetrol encourages the use of electronic billing
Rompetrol Downstream, the company operating the fuel distribution stations of KMG International Group, will run a communication campaign from July…
ALDE wants to change offshore law through an emergency procedure
The Alliance of Liberals and Democrats Party – ALDE spokesman Varujan Vosganian said that there are issues ALDE wanted to…
Berlin is under increasing pressure to pull the plug on Nord Stream 2
Nord Stream 2 is a gas pipeline that would allow Germany to effectively double the amount of gas it imports…
Russia, ready to invest $50bn in Iran’s energy industry
Iran has touted $50bn worth of potential Russian investments in its oil and gas sector as it seeks to deepen…
Balkans Petroleum Summit, 16-17 October 2018, Bucharest
IN-VR Oil & Gas will be hosting Balkans Petroleum, a government-backed summit, taking place in Bucharest, from 16th to 17th…
MPs sent the gas companies back to the drawing board. Will they be back?
The Chamber of Deputies, in extraordinary session, passed by final vote the draft Law on some measures necessary for the…
Black Sea oil & gas industry is getting ready for the next stage of development
The favorable situation in the oil market, namely the increase in oil prices (the highest in the past three years),…
KMG International announces best-ever results since the takeover
KMG International publishes its fourth sustainability report, drafted according to international standards (Global Reporting Initiative G4), and announces the economic,…
World Bank, AIIB allocate $1.2b loan to Turkey for natural gas storage facility
urkey’s ever-growing energy industry continues to draw investments from international institutions. The World Bank and Asian Infrastructure Investment Bank (AIIB)…