Rompetrol Rafinare generated a consolidated net profit of 62 million dollars
Rompetrol Rafinare, company member of KMG International Group, registered a net consolidated result amounting to 62 million dollars in 2015,…
Transgaz obtained last year a net profit of nearly 110 million euro
Transgaz, the national gas pipeline transportation operator, recorded last year a net profit of 487.7 million lei (about 109 million…
7 causes for non-applicable Gas Network Code (an analysis by Dumitru Chisăliţă)
This article appeared on the author’s personal website. The Gas Network Code is planned as a set of rules able…
ROPEPCA critical for NAMR raising the tariff for oil transportation
Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) claims the tariff increase charged by the state company Conpet for…
OMV seeking buyers for its gas pipeline operating division
Many investors are interested in the 49% stake package, which OMV proposes for sale to Gas Connect Austria, a construction…
Conpet generated last year net gains of over 54 million lei
Conpet obtained last year a net profit of 54.2 million RON, up 5.6% compared to the gain recorded in 2014,…
Transgaz auctions works of over 485 million euro
Transgaz Medias, the national company operating the natural gas transport system, plans to procure services and works with an aggregate…
Lukoil continues the asset sale in Eastern Europe
Lukoil Europe Holdings BV, a subsidiary of Lukoil, has concluded an agreement with the Austrian company AMIC Energy Management GmbH,…
Environmental costs should not be a burden for O&G companies, EBC – February 17
Environmental costs should not be a burden, especially in this tough economic climate for the O&G industry, says Traian Ionescu,…
Gas bill will contain information about how to change the provider
The gas supplier will be obliged to make available for the end customers, throughout the invoice, information regarding the right…
ExxonMobil’s earnings halved in 2015
ExxonMobil Corp., the world’s largest publicly traded oil company, said its net income fell 50% in 2015 to 16.15 billion…
Daniel Apostol, ROPEPCA: Fuel overcharges prevent further price reduction
The recent fines imposed by the Competition Council on some fuel wholesale distributors for cartel deals on prices and customer…