KMG International: We are eager to finalize rapidly negotiations with China Energy Company
KMG International (ex Rompetrol Group) wants to complete rapidly the negotiations with China Energy Company (CEFC) “to be bigger and…
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TAP construction starts this summer
The construction works of the Trans Adriatic Pipeline (TAP) will start mid this year in Greece, said the Greek segment…
Nord Stream 2, criticized at the European Commission by eight countries, including Romania
Nord Stream 2 gas pipeline project is criticized by eight European countries, signatories of a letter addressed to the President…
Oltchim made over 12 million euro turnover in January
The petrochemical plant Oltchim Ramnicu Valcea has conducted in January businesses of about EUR 12.2 million and an operating profit…
EU approved TAP gas link
Greece and the consortium of partners involved in the Trans Adriatic Pipeline (TAP) gas project have complied fully with EU…
In 2016, Gazprom relies on foreign markets, including European ones
The General Director of Gazprom, Alexander Miller, has presented to the Russian President Vladimir Putin the situation and perspectives of…
Gazprom, Edison și DEPA will cooperate on building a gas interconnector
Gazprom signed a memorandum of agreement with the Italian group Edison SpA and the greek company DEPA, for the supply…
Although made a loss in 2015, ENGIE targets investment of 22 billion euros over the next two years
ENGIE, the french energy group, recorded a net loss of 4.6 billion euro in 2015, after the 2014 net profit…
Rompetrol Rafinare generated a consolidated net profit of 62 million dollars
Rompetrol Rafinare, company member of KMG International Group, registered a net consolidated result amounting to 62 million dollars in 2015,…
Transgaz obtained last year a net profit of nearly 110 million euro
Transgaz, the national gas pipeline transportation operator, recorded last year a net profit of 487.7 million lei (about 109 million…
ROPEPCA critical for NAMR raising the tariff for oil transportation
Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) claims the tariff increase charged by the state company Conpet for…
OMV seeking buyers for its gas pipeline operating division
Many investors are interested in the 49% stake package, which OMV proposes for sale to Gas Connect Austria, a construction…
Conpet generated last year net gains of over 54 million lei
Conpet obtained last year a net profit of 54.2 million RON, up 5.6% compared to the gain recorded in 2014,…
Transgaz auctions works of over 485 million euro
Transgaz Medias, the national company operating the natural gas transport system, plans to procure services and works with an aggregate…