The Financial Intelligencer: Attack on Rompetrol and foreign capital
Romania’s major energy company Rompetrol was on the verge of sale to a Chinese company when the country’s investigative agency,…
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Transgaz confirms it may acquire shares in Greek operator DESFA
An official of Transgaz said that the Romanian operator “will analyze whether it is beneficial” to acquire shares from the…
Marco Pannunzio is the new managing director of Total România
Marco Pannunzio is the new managing director of Total Romania SA, starting with December 2016, replacing Franck Haettel, who will…
Transgaz clinches new contracts worth more than 50 mln. euro with Romgaz, Elcen and CEH
The gas transport company Transgaz concluded new yearly and quarterly gas transportation contracts worth almost 235 million lei (52 million…
CONPET adheres to the National Anticorruption Strategy 2016–2020
CONPET announced its adherence to the National Anticorruption Strategy 2016 – 2020, which brings in tougher rules within the company.…
KMG: EBITDA profits up 6% at nine months
KMG International increased in the first nine months of this year the refining and fuel distribution activities in the Black…
SOCAR’s VP: the AGRI project is not dead, it needs more time
The interconnector project of the Azerbaijan-Georgia-Romania (AGRI), which pressumes transporting liquefied gas from Azerbaijan to Romania, is not dead, however,…
Oil Terminal, net profit down 5% at 9M
Oil Terminal, the company that operates the oil terminal in Constanta, recorded in the first nine months of this year…
Secosan, Romelectro: Iernut will weigh up to half of revenue
Romelectro will begin next summer the construction of Romgaz natural gas power plant in Iernut, together with Spanish company Duro…
Rompetrol Rafinare, net profit amounting to 20.8 million USD in the first 9 months of 2016
Rompetrol Rafinare, member of KMG International, registered a consolidated net profit amounting to 20.8 million USD in the first 9…
Russians hurry to finish Turkish Stream
Gazprom is planning to spend more than $595 million in the expansion of the gas pipeline system to deliver gas…
Romania-Bulgaria gas pipeline will become operational on November 11
Transgaz has completed the pulling up of the back-up pipeline under the Danube of the gas interconnector between Bulgaria and…
Dumitru Matei is the new Board chairman of Oil Terminal
Dumitru Matei was appointed as the Board of Directors’ Chairman during the Tuesday meeting of the Board of Oil Terminal,…
Emily Olson, BP: The Southern Gas Corridor is a real project, not a “pipe dream”
Emily Olson Vice-President of Communications and External Affairs for BP’s Southern Corridor an interview by Alice Sapcaliu, GBC The Southern Gas…
Russia and Ukraine terminate agreement on operation of oil product pipelines
Russian Prime Minister Dmitry Medvedev has decreed to legally terminate an agreement that ended de facto between the Russian and…
Oil Terminal to raise capital over 5 times to 71 mln. Euro
Oil Terminal majority shareholders representing almost 78% of equity decided yesterday to increase the share capital from nearly 58.2 million…
