OMV is betting on Romania for granting stability in an uncertainty dominated environment
“Some might say that I lack vision. I can admit that. But look how many fail around us, so we…
ANRE: Gas price convergence was obtained, liberalization calendar no longer necessary
The price for imported gas reached the level of those from the domestic production, and the current situation no longer…
The Senate approves the creation of an offshore oil operations regulator
The legislative proposal regarding the safety of the offshore oil operations throughout which the Competent Regulatory Authority is established for…
Lukoil will continue exploration in Trident oil concession, in the Black Sea
Lukoil will continue exploration work in the Trident area, located in the Black Sea, conveyed Lukoil First Vice President Vladimir…
Five EU countries do not approve supplying their neighbors with gas during crisis
Five EU member states (Austria, Belgium, France, Germany and Italy) proposed the revision of the rules regarding the continuation of…
European Commission is investigating the cancellation of state debts in Oltchim
The cancellation of debt the state had at Oltchim, decided and executed by the Romanian Government, has intrigued the European…
Oil consumption increased by 4% last year, mainly satisfied by imports
In Romania were consumed last year over 11.2 million tons of crude oil, with about 4% higher than in 2014,…
ENGIE Romania made a turnover of nearly 1 billion euros last year
ENGIE Romania, the largest local gas distributor, had revenue last year of 975 million euros, 2.5% higher than in 2014,…