Part of the taxes owed by the holders of oil agreements to finance investments and restructuring activities
Part of the sums owed by the holders of oil agreements related to deep offshore and onshore perimeters as a…
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offshore
Rompetrol Rafinare invests 40 mln. USD in storage capacities
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated this year an extensive program of maintenance, rehabilitation…
Ovidiu Trofin, Renomia: There are insurance solutions for renewable projects, including in case of war
Renomia Gallagher provides insurance solutions for renewable projects in all phases of project development, including war insurance, said Ovidiu Trofin,…
Green NGOs are calling for new protection regulations in offshore oil operations
Environmental organizations Greenpeace, Bankwatch, 2Celsius, WWF and Declic have sent an open letter to members of Parliament regarding the offshore…
Radu Dudău: We hope for a positive result of the strategic project of the Black Sea gas
Romania’s Parliament is finally moving at a record speed on the Black Sea gas strategic project and we hope for…
Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…
Dr Gabriela Dan Unterseh joins wpd offshore Romania as Head of Project Development Wind Offshore
wpd has been active in Romania since 2009 and, in addition to the two offshore projects, has further projects for…
Serinus Energy: The tax regime discourages investment in the oil and gas industry
Romania needs all the natural gas it can reach. It is not a question of better budgets, anymore, neither it…
Renewable energy investors may also be forced to build storage capacity
New investors in the renewable energy sector could be forced to invest in storage capacity, and ANRE will conduct, with…
CEEP invites you to the 5th Central European Day of Energy
Central Europe Energy Partners (CEEP) in co-operation with the European Commission (DG Energy) have already organised four editions of the…
Virgil Popescu: Transformation of the energy system must be done with clean technologies
Romania needs investments to transform the energy system, which must be done with clean technologies, based on competitive mechanisms, said…
RWEA: Offshore wind energy needs an ambitious and pragmatic development framework
Wind energy, both onshore and offshore, is one of the foundations on which Europe and its Member States will implement…
Exxon plans for new offshore gas in Australia at the beginning of 2021
Exxon looks to push forward with production of offshore gas in Australia, in 2021. The West Barracouta project, located in…
Trump and Iohannis review Black Sea gas, nuclear energy stressed as of major importance for US
US Administration issued a joint statement of the president of the United States, Donald Trump and president of Romania, Klaus…
Exxon eyes UK North Sea exit after 50-year presence
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and…
Development of offshore deposits in the Black Sea, necessary to avoid increasing dependence on gas imports
The development of offshore deposits discovered in the Black Sea is necessary to avoid the significant increase of dependence on…
OMV Petrom invests another 30 mln. euro in offshore drilling in the Black Sea
OMV Petrom has launched a new offshore drilling campaign in shallow waters in the Istria region of the Black Sea.…
The court rejected the request for the cancellation of approvals for the offshore gas project at the Black Sea
The Constanţa Tribunal rejected the request of a landowner in Tuzla, Constanţa, and the similar one of an NGO, the…
Granting Turkey ownership rights, a way out of energy stalemate in E. Med
Assigning to Turkey part of the ownership rights on Cyprus’ under-the-sea wealth is worth consideration as a solution in the…
Tariceanu to the PM: Mind the Exxon-OMV offshore contract
Senate President Calin Popescu Tariceanu asks the prime minister to pay more attention to the extension of the concession contract…
Leaders of big oil and gas companies met in Medias – among talks, BRUA and offshore
Leaders of the most important oil and gas companies met in two closed-door meetings in Mediaş and talks focused, among…
OMV begins first major offshore project since buying Shell NZ
Austrian-based oil and gas company OMV has begun its first major offshore project since buying Shell’s New Zealand assets for US$578…
