OMV Petrom invests 60 million euro in Petrobrazi’s new poly-fuel unit
OMV Petrom has started works on the new Petrobrazi refinery’s poly-fuel unit. The new unit will allow conversion of LPG…
Gazprom exported 22% more gas to Turkey until mid-July
Russia’s Gazprom exported 22 percent more gas to Turkey on January 1-July 15, the energy giant said Tuesday. During that…
The lack of clarity and predictability of the regulatory environment in the gas field persists
The lack of clarity and predictability of the regulatory framework for natural gas persists, with negative impact on both the…
BRM demolishes arguments for ceding the gas exchange, denies keeping just part of trades
The Romanian Commodity Exchange (BRM) leadership disagrees with the proposals according to which the gas ring is to be given…
Fondul Proprietatea disputes the corporate governance policies of ENGIE Romania
Franklin Templeton, investment manager of Fondul Proprietatea (FP), announces that the Fund, acting as shareholder of ENGIE Romania SA, previously…
Gazprom seen a 19% increase in gas output since the beginning of the year
Gazprom has increased gas production since the start of the year by 18.8 percent to 248.8 billion cubic meters, in…
Russia sanctions bill stalled by GOP over energy provisions
House Republicans are throwing up new roadblocks to a Russia and Iran sanctions bill over concerns from the energy industry…
OMV Petrom expands Petrobrazi refinery railway
OMV Petrom inaugurated a new railway section within the Petrobrazi refinery. It has a length of 1,4 km and required…
Forte Gaz, taken over by Premier Energy, amid the “significant degradation of the legislative and competitive framework”
The Competition Council analyzes the transaction by which Premier Energy SRL takes over the sole direct control over Forte Gaz…
KMGI plans to invest billions of dollars in Romania, funded by China Energy Company
KazMunayGas International plans to make billions of dollars worth investments to improve assets in Romania, but also to acquire new…
Israeli gas could be delivered to Balkans via Turkey
Turkey’s Energy Minister Berat Albayrak is set to visit Israel by the end of this year to conclude an agreement…
Russia’s Gazprom: U.S. sanctions may delay Nord Stream 2, Turkish Stream
Potential new U.S. sanctions against Moscow may delay some of Gazprom’s projects, including Nord Stream 2 and Turkish Stream gas…
Oltchim buys natural gas worth 7 mln. Euro from Romgaz
Oltchim Ramnicu Valcea, which has declared insolvency, has acquired gas from Romgaz through a contract worth 33.15 million lei (about…
Saudi Aramco to inject 300 bln. USD in its oil and gas opps
Saudi Aramco plans to invest some $300 billion in the coming decade to maintain its oil production capacity, and pursue…
The major objective of CONPET is regional interconnection with EU Member States
Conpet, the National Transport System Operator (NTS) through oil pipelines of oil, condensate and gasoline, represents Romania at the World…