ROTTCO builds a gas station network from independent filling stations
ROTTCO, a distributor of petroleum products, aims to connect independent gas stations into a single fuel distribution network, according to…
Romgaz proposes the dissolution of Amgaz, gas storage operator
Romgaz administrators propose the dissolution and liquidation of Amgaz, the company that operates Nadeș gas storage unit (in Mureș county),…
Israel: Leviathan gas field development, possible again after a new governmental agreement
Noble Energy (USA) and Delek Group (Israel) will continue to exploit the giant gas field Leviathan, in Israel, until the…
Romgaz administrators propose other performance indicators, profit estimates are drastically reformulated
Romgaz administrators asks shareholders the changing of calculation for performance indicators because the influence brought by external factors make it…
EY: More than half of oil and gas companies are interested in mergers and acquisitions
A study performed by the consultancy company EY among 1.700 companies shows that more than half of the respondents active…
GC Rieber will collect seismic data from oil perimeters located in the Black Sea
Black Sea Oil & Gas (BSOG), the company through the investment fund Carlyle Group operates oil possessions in the Black…
Construction of TAP gas pipeline started in five states
The construction of the five billion euros Trans Adriatic gas Pipeline (TAP) started in five countries in Southeastern Europe, writes…
The oil terminal in Constanța, over 7 million lei profit
Oil Terminal recorded in the first three months of this year a net profit of nearly 7.1 million lei, with…
IEA Market Report: OPEC output still increases the global oil supply
Global oil supplies rose 250,000 barrels per day (bpd) in April from the preceding month to 96.2 million bpd as…
Rompetrol Rafinare remains on profit after first quarter
Rompetrol Rafinare, a company member of KMG International Group, recorded a net consolidated result in amount of over 40 thousand…
Romgaz’s quarterly profit decreases by 13%
Romgaz scored in the first quarter a net profit of 489.3 million lei, 13.1% lower than that registered in the…
Rompetrol Well Services posted a loss of 1.2 million lei
Rompetrol Well Services posted, in the first quarter of this year, a loss of 1.2 million lei, compared to a…
ANRE calls again for early liberalization of gas; Public debate gets new momentum
ANRE has asked the Ministry of Energy to repeal, starting from July 1, the Government Resolution which was established the…
The energy exchange operator supports the establishment of a gas spot market
OPCOM, the energy market operator in Romania, aims to promote a spot market for gas, following the model of the…
KMGI will use all legal mechanisms to protect their investments in Romania
PRESS RELEASE, MAY 9th, 2016 Today, May 9 2016, we have been communicated that KMG International NV (“KMGI”), Oilfield Exploration…
Aristotel Jude, Ministry of Energy: The priority is security in gas supply
The Ministry of Energy, as a shareholder, wants companies to present, during their shareholders meetings, sustainable and feasible investment plans…
Saudi oil minister was sacked after a tenure of two decades
Saudi oil minister Ali al-Naimi was dismissed after more than 20 years since he took office, according to international media.…