News
IEA: OPEC could keep prices low for a decade
Keeping the OPEC production will lead to lower oil prices for a long period, with negative effects on the budgets…
Join the industry leaders at 2015 Energy Evolution Gala!
2015 Energy Evolution Awards (National Library, Bucharest, 3 December) is the annual Gala event dedicated to the energy industry in Romania,…
KMG International invested 3,5 million dollars in new gear for an oil terminal
Midia Marine Terminal, company of KMG International Group, completed the works for the replacement of the oil transfer equipment at…
US President stops the construction of Keystone oil pipeline
US President Barack Obama rejected the request of a Canadian company to build an oil pipeline between Canada and the…
MOL Romania sold volumes increased by 16% at nine months
MOL Romania increased the sales volume in the first nine months by 16% compared to the same period last year…
Kazakhstan will privatize KMG, the owner of former Rompetrol Group
Kazakhstan offers to sell stakes in the largest state companies, including KazMunaiGas (KMG), the former owner of Rompetrol Group, after…
AmCham Romania calls for the strengthening of efforts to eliminate corruption
In the context of the recent tragic loss of lives in arson at the Colectiv Club in Bucharest, the American…
OMV Petrom net earnings fell by 60% at nine months
OMV Petrom had after nine months a net profit of 991 million lei (223.1 million euros), down by 59% compared…
Prime Minister Victor Ponta resigned; political discussions for a new government ahead
Prime Minister Victor Ponta anounced on Wednesday his resignation after massive street protests in Bucharest, on November 3rd. “I notice…
Eight top experts join the Jury for the 2015 energynomics Evolution Awards
Eight of the best experts in the Romanian energy industry join to jury the candidate projects and people for the third…
Energy efficiency for lower bills for consumers
Romanian Academy concluded in a study on energy efficiency, conducted at the request of ANRE, that there is a genuine…