Dumitraşcu: We need investments of 30 billion euro, Electrica will bring in 300 million
###author### Electrica’s privatization will bring the state more than 300 million euro, while investment needs of Romania are of 30…
Rompetrol expands by 9 stations the fuel distribution network in Georgia and Moldova
Rompetrol Georgia and Rompetrol Moldova, subsidiaries of KMG International, opened 9 new stations from the beginning of the year, increasing…
ANRE: Special construction tax will swell bills by 1-2%
Regulated price of electricity could increase from January 2015 to 1-2%, after companies in the sector will require recognition of…
Petrom, Exxon and Transgaz signed an agreement for transporting gas from the Black Sea
OMV Petrom, Exxon and Transgaz Mediaș signed an agreement last week granting that gas production from the Black Sea will…
European Commission warns Bulgaria to suspend South Stream
Commission President José Manuel Barroso made it plain that the EU executive would impose infringements on Bulgaria regarding the Gazprom-favoured…
Petroceltic finds no commercial quantities of hydrocarbons in Muridava-1 well
Petroceltic International announced disappointing outcome from some of its exploration wells in the Kurdistan Region of Iraq, Romania and Egypt.…
CupruMin Abrud will be sold in 2015; Oltchim, bundled with Arpechim
CupruMin made a profit in 2013 and will be sold by listing on the stock exchange in 2015, along with…
Bucharest Forum Energy, Parliament Palace, Bucharest (June 4-5)
[one_half]Decision makers at governmental and international level, as well as specialists and representatives of large energy companies from over 15…
Exxon Mobil expands cooperation with Rosneft, in spite geopolitical of tensions
Texas-based oil giant ExxonMobil and Russia’s state-controlled oil company Rosneft shook hands Friday while the U.S. and European nations continue to discuss…
Gazprom CEO says China gas deal will affect European market
Russia’s landmark deal to supply natural gas to China will affect prices in Europe and have an impact on international…
The Government eliminates the calendar for rising gas prices for industry
The Government will remove both increases in gas liberalization timetable set this year for the industry. According to a draft…
Petrom to pay between 13 and 205 million euro for drilling operations in Galati
Petrom, the largest oil producer in the country, will spend up to 200 million for drilling an old reservoir in…