InterAgro clinches new deal with Petrom, opens two factories
InterAgro succeed signing a new gas supply contract “only manufacturer with whom it had worked together for a long time,”…
In Romania 66 new fuel stations were opened in 2014
Fuel distribution market is becoming increasingly competitive, in the first six months of the year 66 new fuel stations appeared,…
World Awash in Oil Shields Markets From Price Shocks
Fighting across Iraq, Libya, Ukraine and Gaza, and an accelerating economy, should mean higher oil prices. Yet crude is falling,…
Rompetrol suspends Libyan activity, pulls out all employees
###author### KMG International, through Rompetrol SA -the drilling and well services division – has successfully completed the process of evacuation…
Iulian Iancu – confirmed guest speaker for WU Executive Energy Expert (October, 2014)
Iulian Iancu is yet another Romanian high official who confirmed his presence as a Guest Speaker at WU Energy Expert…
OMV Petrom sales and profit declined by 7% and 22% at six months
OMV Petrom recorded in the first six months sales of 10.72 billion lei, down 7% compared to the result in…
OMV says Ukraine crisis will not hit South Stream pipeline (FT)
The stand-off between the west and Russia over Ukraine will not derail the planned Russian-led South Stream gas pipeline, according…
Global power and utilities deals reach four-year high (EY)
Deal activity in the power and utility (P&U) sector spiked in Q2 14, with deal value and volume rising to…
Niculae’s InterAgro fights to open two of the six plants
###author### Although the first two fertilizer factories would have had to reopen on August, 1, InterAgro delayed their restart for…
Gas consumption down by 6%, power consumption down by more than 8%
Natural gas consumption in Romania amounted to 63,222,000 MWh in the first five months of 2014, down 6% compared to…
Top guest speakers confirmed for WU Executive Energy Expert (20-24 October, 2014)
Mihnea Constantinescu and Varinia Radu are two of the Romanian experts who already confirmed their presence as Guest Speakers at…
GDF Suez Warns 2014 Profit to Be in Lower Forecast Range
GDF Suez said its first-half profit dropped 13 percent due to the outage of two Belgian nuclear reactors and reduced…
2014-2015 – Busiest times ever for the offshore exploration in Romania
Sterling Resources has been in Romania since 1997. Mark Beacom, Vice President of the company, describes themselves as one of…