15 years of business for Rompetrol in Bulgaria and Moldova
The KMG International Group is celebrating 15 years of Rompetrol brand presence in the Republics of Moldova and Bulgaria. “The…
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Refiners accuse EU lawmakers of ”bias” towards electric vehicles
EU policy on vehicle emissions is biased towards electrification, the trade association FuelsEurope argued on Monday (4 December), as it…
New and Provisional Board of Directors for Conpet
The Energy Ministry has appointed seven interim administrators on the Board of Conpet, the national crude oil carrier in Romania,…
Transgaz signed the execution contracts for 479 kilometers of the BRUA pipeline
Transgaz, the natural gas Transmission System Operator in Romania, signed three contracts for 479 kilometers of the BRUA pipeline, Phase…
Poland reduces its Russian gas dependence and signs in the Americans
Poland’s dominant gas firm PGNiG has signed its first mid-term deal for liquefied natural gas (LNG) deliveries from the United…
Oil Terminal appoints today new Management Board
Oil Terminal Constanta, operator of the state-own oil terminal at the Black Sea, will appoint, within the General Shareholders Meeting…
Good results for the listed energy companies (Mihai Căruntu analysis)
Some companies will record profits over estimates, while others are still dependent on strategic decisions to increase, Mihai Căruntu, head…
Rompetrol Rafinare has tripled its net consolidated profit in the first 9 months
Rompetrol Rafinare, company member of KMG International, has recorded a net consolidated profit totalling 56 mil. USD in the first…
OMV Petrom doubled its net profit in the first nine months of 2017, compared to 2016
The OMV Petrom Group reports a net profit of 1.84 billion lei after the first nine months of the year,…
Transgaz wants to buy the Moldavian operator of Ungheni-Kishinev gas pipe
Transgaz announced that it intends to participate in the privatization of the State Enterprise Vestmoldtransgaz, the company created by the…
Information security is everybody’s business, especially in the energy sector
Four experts in computer security from four major companies in the energy sector participated in the debate “Challenges and solutions…
Russia finds alternatives to the European market in India and Pakistan
Russia, which controls and manages huge gas reserves in energy-rich Iran, plans to export gas to Pakistan and India by…
Mobile benchmarks for oil royalties; OPCOM is mentioned as the only centralized market for natural gas
The Ministry of Economy launched on October 23rd a draft law regarding the regulation of the royalty system for the…