MOL started works at the 1.2 bln. euro petrochemical plant in Hungary
MOL has laid the foundation stone for the Tiszaújváros polyol plant. The plant is expected to be commissioned in 2021.…
Transgaz announces that the reverse flow from Isaccea to Orlavka is operational
Transgaz, through its subsidiary, Eurotransgaz, bought Vestmoldtransgaz, transforming it into a private company, says Marius Stoica, advisor to Transgaz’ general…
The specific taxation rate in the Romanian Upstream gas industry exceeded 25% in 2018
Romania has the highest effective tax rate specific to natural gas production in Europe, shows a study by Gabriel Biriș,…
ANRE has canceled the tender for the change of the gas supplier in Otopeni
The National Energy Regulatory Authority (ANRE) announced on Wednesday that it is canceling the tender that would have changed the…
Rompetrol reaches 940 fuel stations
Rompetrol Downstream – KMG International Group retail division in Romania opened the fifth Rompetrol gas station in Craiova. The total…
Naftogaz says Gazprom’s debt has increased by $257 mln over non-fulfillment of tribunal’s ruling
Gazprom’s debt to Naftogaz Ukrainy due to its non-fulfillment of a Swedish arbitration tribunal’s determination that Gazprom owes the Ukrainian…
Energy transition in South East Europe, October 16, Bucharest
The think tank Romania Energy Center (ROEC) in partnership with the Institute of Energy for South East Europe (IENE) invite…
Naftogaz claims that the Republic of Moldova refuses to support the plan to reduce Europe’s dependence on Russia
Republic of Moldova refuses to support Ukrainian plan to block Russian gas transit, Naftogaz Ukraine spokeswoman Alena Osmolovskaia said. “What…
The FPPG supports the new changes to the oil and gas legislation
Bogdan Tudorache The Oil and Gas Employers’ Federation (FPPG) announced that it “appreciates that the new revisions proposed by the…
Oil market, disturbed by the attack on Aramco
Dramatic week for crude oil, with futures contracts for Brent crude oil registering some of the biggest jump in history…
We will release the 24th issue of the energynomics.ro Magazine, tomorrow, in Chisinau!
The 24th edition of energynomics Magazine will be released on Wednesday, September 25th, within the 1st conference in the series…
BRM: After forward contracts with central counterparty, we launch futures with physical delivery, from January
Dear Mrs. Ioana Drăgan, with all the difficulties in the market or perhaps in response to these, BRM has recently…
One hundred $1,000 scholarships from KMG International – call for applications
KMG International will award 100 scholarships to high school pupils and students with outstanding performances in Bucharest, Constanța and Prahova.…
The price of oil at the last 4 months’ high, after the attacks in Saudi Arabia
WTI US benchmark oil futures closed Monday at $ 62.5 a barrel, close to the highest level of the day’s…
Virgil Popescu: The provisions of GEO 114 must be repealed with a transitional period, but not later than the end of winter
GEO 114 has brought great benefits to gas and electricity suppliers, says PNL deputy Virgil Popescu, deputy chairman of the…
Rainer Seele, confirmed for two more years at the helm of OMV
The term of office of the current CEO and Chairman of the Executive Committee of the OMV, Rainer Seele, was…
Competition Council recommends the expansion of the gas distribution network
The Competition Council recommends the expansion of the natural gas distribution network, so that it will phase out wood heating,…
Romanian oil industry demands public policies to encourage investments in the sector
Oilmen demand public policies to encourage investments in the sector, to increase the role of industry in the development of…
Hungary’s response to risks related to natural gas supply (Interview with Pál Ságvári)
Pál Ságvári, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs and Trade of Hungary talks about energy security, diversification of…
Exxon agrees $4 billion sale of Norway oil and gas assets
Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, ending its production…
Rusnac (KMGI): For 2019-2020, we are planning to open about 25 Rompetrol fuel stations
KazMunayGaz International (KMGI) plans to open about 70 Rompetrol fuel stations in the next four years, with the opening of…
FPPG rejects the alarmist statements about the effects of returning to a free and functional gas market
The Oil and Gas Employers’ Federation – FPPG rejects the alarmist and unfounded statements about the effects of returning to a free…
Dafora goes back in black: Profit of 1 million euro in H1, revenues increase 17%
Bogdan Tudorache Dafora Mediaș reports going back into black, with a net result for the first six months (H1) of…