In respect to the Neptun Deep project, OMV Petrom moves from “when” to „if” – changes to offshore law are urgent
The extraction of natural gas from the Neptun Deep perimeter of the Black Sea has become uncertain, as the offshore…
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OMV Petrom
Romgaz asks the government to approve his participation in the Neptun Deep auction
Bogdan Tudorache Romgaz convened for March 11 the extraordinary meeting of the shareholders asking for “approval of the acquisition of…
OMV Petrom has started the process of selling its assets in Kazakhstan
OMV Petrom has started the process of selling its oil and gas fields in Kazakhstan, its only overseas assets, according…
Ludovic Orban: BRUA will interconnect with TurkStream, Exxon might stay
The BRUA pipeline will interconnect with Turkstream, a new Russian pipeline, through which Gazprom transports gas to Europe, bypassing Ukraine…
OMV Petrom doubled its gas sales in Q4 2019 to a record high
OMV Petrom doubled its gas sales to third parties in the last quarter of 2019 compared to the similar period…
Ministry of Economy and Energy calls for the replacement of Sevil Shhaideh from OMV Petrom’s board
The Ministry of Economy, Energy and Business Environment (MEEMA) has asked OMV Petrom to organize a shareholders’ meeting for the…
Competition: The reduction of excise duties was fully transmitted in the fuel price
Bogdan Tudorache The reduction of excise duties by 0.32 lei/ liter (including VAT), applied from January 1, 2020, for both…
OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum
Bogdan Tudorache OMV Petrom has announced on Wednesday that it has reached an agreement for the transfer of 40 onshore…
ExxonMobil confirms may exit Romanian offshore gas project
U.S. energy major ExxonMobil confirmed late on Tuesday it is weighing an exit from a long-stalled Romanian natural gas venture…
Austria supports BRUA and Neptune Deep projects (Energynomics Magazine)
Austria would love to have a new gas supply towards Baumgarten, and it will be great if Romania would have…
Competition authorizes the acquisition of the Art Petrol stations by OMV Petrom
Competition Council authorized the transaction through which OMV Petrom Marketing takes over the fuel distribution network owned by Art Petrol…
Niculae Havrileţ, State Secretary at the Ministry of Economy; Sevil Shhaideh, released from office
Bogdan Tudorache Niculae Havrileţ was appointed State Secretary at the Ministry of Economy, Energy and Business Environment, by a decision…
Chiriţoiu: Competition will monitor the price of fuels after eliminating the overcharge
The Competition Council will monitor the fuel market, so that the elimination of the overcharge will lead to a corresponding…
Rompetrol Well – Offshore oil services in the Black Sea
This year Rompetrol Well Services (RWS) resumed and expanded the range of oil well services provided for upstream operations in…
Verchere: OMV Petrom, ready for Neptune Deep, barriers must be removed
OMV Petrom announced that it is ready to accelerate a billion-dollar injection into a giant Black Sea energy project it…
Caprau: There is no single answer to future fuels; the industry is in a dilemma regarding investments
The oil industry is in a dilemma, as there is no predictability for the fuel of the future and it…
Exxon’s Neptun Deep participation, estimated at USD 250 million
Exxon has put its 50% stake in Neptun Deep up for sale, worth an estimated USD 250 million, according to…
R. Dudău: We no longer have the luxury to postpone energy efficiency measures
Energy efficiency has become a priority globally, but also in the policies of the European Commission, which Romania has the…
Stephen Birrell is the new president of ROPEPCA – Romanian Association of Oil Exploration and Production Companies
Stephen Birrell, CEO of Fora Oil and Gas, is the new elected president of the Romanian Petroleum Exploration and Production…
Competition Council: Oil companies await OMV Petrom’s decision to change fuel prices
Oil companies are waiting for the strategic moves of the market leader, OMV Petrom, to decide how to change the…
Competition authorized the acquisition of Rohrer’s assets by the Petroleum Services Group
The Competition Council has authorized the transaction through which some assets and activities are transferred from the Rohrer Group to…
Neel: Romania has the opportunity to become the main gas producer in the EU
Bogdan Tudorache Romania has the “major opportunity” to become the largest gas producer in Europe, says Franck Neel, president of…