Marea Neagra
Deloitte expects investments of $ 22.5 billion in the Black Sea oil industry by 2040
Investments in the Black Sea oil and gas sector will generate revenues of over 26 billion USD to the state…
Iulian Clişeru temporarily takes the chairman position in ACROPO after Iulian Offenberg’s revocation
Prime Minister Viorica Dăncilă has decided to revoke Iulian Offenberg from the position of Chairman of the Competent Authority for…
Black Sea gas and international expansion are the answers for the future of OMV Petrom
Over the past 12 years, the company has invested over 13 billion euros, said Mariana Gheorghe, CEO of OMV Petrom,…
Romania and Hungary have agreed on natural gas deliveries
Romania will set the technical conditions for the gas exports to Hungary by 2020, according to the agreement signed Monday…
Positive developments in the legislation rise hopes for the offshore sector
This October, Bucharest hosted the 5th edition of the Black Sea Oil & Gas conference, organize by GBC. There were…
Gazprom, Bulgaria discuss gas transit in context of Turkish Stream
Gazprom chief Alexei Miller discussed issues related to gas supply and transit with Bulgarian energy minister Temenuzhka Petkova this week,…
Taxation and political instability impede Upstream development of the Black Sea (Aleksandrs Popovics, Wood Mackenzie)
Wood Mackenzie has recently published an exhaustive report about the hot upstream projects currently explored in the Black Sea with…
Iohannis: We must take advantage of all the energy offers in the market
Romania wants a North-South corridor for transportation, but also for natural gas, to cross Romania, mentioned President Klaus Iohannis, in…
KMG and Rompetrol: 32 mln. tons of crude through the Black Sea in 10 years
The volume of the unloaded crude by KMG International through the offshore terminal in the Black Sea reached over 32…
OMV, Gazprom may revive Black Sea gas pipeline extension: Der Standard
Austrian energy group OMV and Russia’s Gazprom are considering reviving a gas pipeline project through the Black Sea connecting Russia…
Priorities of the International Energy Charter Conference in 2018, the year Romania will hold the rotating presidency
Romania will hold the chairmanship of the Energy Charter Conference in 2018, after this year’s presidency is assured by Turkmenistan.…
European energy security – under debate at the Romanian Energy Center, in Brussels
Political and business leaders have recently met in Brussels for the sixth annual edition of the Romanian Energy Day, organized…
Gazprom and OMV sign framework agreement on small-capacity LNG in Black Sea
The Austrian energy group OMV and the Russian group Gazprom signed a series of documents on Friday to develop their…