Processing
Gazprom sees risks to gas transit to Europe this winter
The Russian gas giant Gazprom foresees potential problems with the transit of gas this winter, as the current daily level…
Fire at Petromidia Refinery, a welder from Rominserv lost his life
On Monday evening, an fire happend on Petromidia refinery platform, in the area of the vacuum distillation plant. During the…
Transgaz’s net profit drops 12% in the first six months
The National Gas Transmission Company (SNTGN) Transgaz SA Medias posted a net profit of 281,77 million lei in the first…
EU allocates Euro 187 million for Finnish-Estonian gas link
The European Commission has allocated Euro 187.5 million for building a gas pipeline, the Balticconnector, between Finland and Estonia, the…
First part of Turkish Stream to be built by December 2019
The Russian Minister of Energy Alexander Novak argued that the execution of the first section of Turkish Stream gas pipeline…
In insolvency, Astra refinery ups losses by about 20%
The refinery Astra Romana recorded in the first quarter of 2016 a gross loss of 1.57 million lei, almost 20%…
Bulgaria-Romania gas interconnector may be ready this September
The first pipeline of the gas interconnector between Bulgaria and Romania could be ready by early September, said Minister of…
Romgaz investment at Sărmăşel increases Romania’s storage capacity to 3.3 billion Ncm/cycle
Romgaz SA has put into service the new installation of the compression and dehydration plant of Sărmăşel (county of Mureş).…
Azerbaijan’s SOCAR, Romania’s Transgaz sign MoU for cooperation on natural gas transit
A memorandum of understanding (MoU) has been signed between Azerbaijan’s State Oil Company (SOCAR) and Romania’s state-owned company Transgaz, SOCAR…
Romgaz to inaugurate the compression station Sărmăşel, a 53 million euros investment
On Wednesday will be put into commission the new compression station and natural gas drying, related to the storage facility…
Ovidiu Irimieş take over Oscar Downstream as CEO, for diversification and expansion
New CEO takes over the company at an anniversary time for Oscar Downstream . On June 15, 2016, the company…
Poland Receives 1st Commercial LNG Cargo at the Baltic Sea port of Swinoujscie
The first commercial cargo has arrived on Friday at Poland’s LNG import terminal under a term supply contract from Qatargas…
KMG International: The seizure established by DIICOT threatens the investment and developments plans of the Group
KMG International considers that the decision taken by the High Court of Cassation and Justice today of maintaining the seizure…
KMG International overpassed 25 million tons of crude unloaded by through Black Sea Marine Terminal
As of May 2016 the volume of the unloaded crude by KMG International through the offshore terminal out in the…
Bulgaria, Slovakia Memorandum for a West – East gas pipeline
The transporters of natural gas in Slovakia (Eustream) and Bulgaria (Bulgartransgaz) signed a Memorandum of Understanding regarding the Eastring pipeline,…
European Commission made unannounced inspections at Transgaz, Romgaz and OMV Petrom
Inspectors from DG Competition, a European Commission structure, have conducted “unannounced inspections” at premises of Transgaz, Romgaz and OMV Petrom,…