Global gas firms target industrial clusters for first hydrogen clients
Gas companies in Europe and America are looking at using the existing gas network to serve industrial “clusters” of hydrogen…
Alina Popa, OMV Petrom: Amendments to the Offshore Law should follow three important directions
OMV Petrom’s CFO, Alina Popa, considers that the amendments to the Offshore Law should follow three important directions. “The first…
Contracting companies are leaving Nord Stream 2 for fear of US sanctions
About 18 companies, including oil services company Baker Hughes Co and insurance group AXA Group, have recently stopped working on…
Romgaz’s net profit rose 15% in 2020, despite declining gas sales
Romgaz obtained a net profit of 1.25 billion lei last year, up 15.14% compared to 2019, but the company’s turnover…
Sensors for turning a classic engine into a smart one
ABB has a history of more than 90 years in Romania – “We are part of the digital transformation race…
Minister of Energy: Romgaz will submit an offer in the next two months for Exxon’s participation in the Neptune project
Romgaz will submit an offer to take over Exxon’s participation in the Black Sea deep gas project in the next…
C. Prună: Black Sea gas gains must be fair to both the state and investors
The gains from the exploitation of Black Sea gas must be fair, both for the Romanian state and for investors,…
Camelia Ene: MOL Group will invest USD 1 bln. over the next five years
Bogdan Tudorache The MOL Group will invest USD 1 billion over the next five years as a result of a…
Restart Energy is investing USD 30 mln. in a 45 MW solar project in Sălaj County
Restart Energy, one of the largest independent suppliers of electricity and natural gas on the local market, intends to invest…
OMV Petrom: Investment of 1.5 mln. euro in Petrobrazi to increase the efficiency of the lighting system
Bogdan Tudorache OMV Petrom has invested 1.5 million euro in the Petrobrazi refinery to streamline the lighting system of the…
V. Popescu: Iernut project was a total failure, but the plant must be completed this year
The project of the power plant that Romgaz is building in Iernut was a total failure, as the works were…
Oana Bucur, FPPG: Romanian O&G industry needs the declassification of data to adopt new technologies
Romanian Oil&Gas industry needs the declassification of data in order to adopt new technologies, said Oana Bucur, Leader of the…
Adrian Boiarciuc, Romgaz: We need new technologies, we need cloud
Romgaz, like all the other companies in the oil and gas industry, needs new, advanced information technology tools, said the…
Virgil Popescu and Hungarian Foreign Minister discuss Black Sea gas and BRUA pipeline
The Minister of Energy, Virgil Popescu, had a working meeting on Thursday with the Minister of Foreign Affairs and Foreign…
Romania imported 3% less Russian gas in 2020
The Russian group Gazprom exported to Romania last year a quantity of 962 million cubic meters (mcm) of natural gas,…
Aristotle Jude, the new CEO of ROMGAZ: My goal is to ensure continuity in the company’s development
Aristotel Jude was appointed by the Board of Directors of the National Natural Gas Company ROMGAZ as General Manager, with…
Programs to attract and train future energy specialists
2020 was a challenging year in all industries, including within the human resources segment, says Nicoleta Mihăiță, Talent Acquisition &…
Public consultation on future EU rules for reducing methane emissions
The Commission has launched a public consultation on aspects of methane emissions in the energy sector. The objective of this…
Popescu: The offshore law will be amended in 2021, but the exploitation of Neptun Deep can only start in 2024-25
Amending the Offshore Law will take place later this year, but the exploitation of Black Sea gas cannot start earlier…
Conpet increased oil transportation rates
Transportation rates through the National Transportation System for crude oil, gasoline, condensate and ethane were increased, according to a report…
Competition analyzes DKV Mobility’s takeover of Smart Diesel and Tax Refund
The Competition Council analyzes the transaction through which the DKV Mobility Group intends to take over the companies Smart Diesel…
Turkish state oil company is looking for partners for a natural gas project in the Black Sea
Turkey’s national oil and gas company is looking into partnerships and plans to raise funding this year to carry out…