Petrom pays dearly for Oil Terminal services
Oil Terminal will receive in the next 12 months approximately 31.5 million lei for storage of crude oil and oil…
OMV makes a comeback in Iran oil industry
The OMV Group, Petrom’s majority shareholder, and the National Iranian Oil Company (NIOC) signed in Tehran a series of agreements…
Halliburton and Baker Hughes stopped their 28 billion dollars merger
US and European Union (EU) competition authorities ended the merger between Halliburton and Baker Hughes, global providers of oilfield services,…
Transgaz made last year nearly 70% of the proposed investment
Last year, the natural gas transport and dispatching company Transgaz, has made investments totaling 239.55 million lei, representing 68% of…
Chinese company takes over 51% of KMG International, former Rompetrol Group
KazMunayGas (KMG) and China Energy Company Limited (CEFC) signed Friday, April 29, the documents for setting up a joint venture…
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…