Increased interest for state companies, as state forces payment of 90% of profits as dividends
In the last weeks, the quotations for utilities were animated by the decision that obliges the state companies to distribute…
OMV, the largest distribution center in the western Romania, in Arad
Mayor of Arad, Gheorghe Falcă, announced an investment of 17 million euros made by OMV Petrom, which will build a…
Alexey Miller and Rainer Seele seal the deal for Nord Stream 2 pipeline
Alexey Miller, the CEO of the Russian energy giant Gazprom met Rainer Seele, the head of Austria’s OMV energy company,…
Bulgartransgaz: yearly capacity allocation procedure will take place on March 6
Bulgartransgaz highlighted that it is offering of bundled year capacity at IP Kulata/Sidirokastro in reverse flow direction, transfer point between…
Gal, ANRM: In March, a new methodology for the reference price for gas
The government could approve this spring a new methodology for calculating the reference price for natural gas, said Sorin Gal,…
US has trouble finding enough fracking sand, as production grows
Demand for frac sand has surged in recent weeks as U.S. producers rush back to the oil patch, stoking concern…
Net income declined (23%) in Rompetrol Rafinare, while the operating profit climbed by 62%
Depressed prices for oil products impacted seriously the net profit made in 2016 by Rompetrol Rafinare, a company member of…
