George Niculescu: Green energy becomes the star of energy investments in Romania
The new European financing includes unprecedented funds for Romania, and, after a period without investment of 8-10 years, green energy…
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SOCAR
Minister of Energy: 2022 was the year of investments, the results will be visible in 2-3 years
The year 2022 was full of challenges, in which the Government managed the energy crisis and, at the same time,…
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…
Romgaz and Socar, new partnership for upstream
Romgaz and SOCAR, the State Oil Company of the Republic of Azerbaijan, have signed a Memorandum of Understanding whereby both…
Competition launches Fuel Price Monitor, available online, in the App Store and Google Play
The Competition Council launched the “fuel price monitor”, the online platform that allows consumers to find out the prices of…
SOCAR intends to sell Azerbaijani oil and oil products in Romania
SOCAR’s subsidiary in Romania – SOCAR Petroleum SA plans to sell in Romania oil and oil products produced at the…
Weak Turkish lira may favour SOCAR expansion plan
SOCAR wants to reach a 20% share of Turkey’s gas market, and the country’s recent economic woes are likely to…
SOCAR interested in gas distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria, Director of SOCAR Balkan company Murad Heydarov said.…
SOCAR: $25B spent for Southern Gas Corridor so far
As of December, $25 billion have been spent for the Southern Gas Corridor (SGC) project, Khoshbakht Yusifzade, first vice-president of…
SOCAR reaches 36 fuel stations in Romania
Romania’s subsidiary of Azerbaijan’s national oil company, SOCAR, opened its second gas station in Bucharest, which also allows charging of…
The $40 billion TAP pipeline project stumbles on an Italian olive orchard
Developers of a strategic pipeline bringing central Asian gas into Europe say they will start in a few days to…
SOCAR’s VP: the AGRI project is not dead, it needs more time
The interconnector project of the Azerbaijan-Georgia-Romania (AGRI), which pressumes transporting liquefied gas from Azerbaijan to Romania, is not dead, however,…
