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The energy exchange operator supports the establishment of a gas spot market
OPCOM, the energy market operator in Romania, aims to promote a spot market for gas, following the model of the…
V. Grigorescu: National Uranium Company can stay in business only by opening new mines
Resolving the situation at the Uranium National Company (CNU) can only happen by opening new sites of operation and the…
CET Govora enters insolvency; Euro Insol becomes trustee
Râmnicu Vâlcea Court ruled, on Monday, that CET Govora plant, the second largest company in the county, shall enter into…
KMGI will use all legal mechanisms to protect their investments in Romania
PRESS RELEASE, MAY 9th, 2016 Today, May 9 2016, we have been communicated that KMG International NV (“KMGI”), Oilfield Exploration…
Aristotel Jude, Ministry of Energy: The priority is security in gas supply
The Ministry of Energy, as a shareholder, wants companies to present, during their shareholders meetings, sustainable and feasible investment plans…
Saudi oil minister was sacked after a tenure of two decades
Saudi oil minister Ali al-Naimi was dismissed after more than 20 years since he took office, according to international media.…
Petrom pays dearly for Oil Terminal services
Oil Terminal will receive in the next 12 months approximately 31.5 million lei for storage of crude oil and oil…
Victor Grigorescu, Minister of Energy: The policy reform dilemmas
After five months in office at the Ministry of Energy, is required a serious discussion about the reform and putting…
OMV makes a comeback in Iran oil industry
The OMV Group, Petrom’s majority shareholder, and the National Iranian Oil Company (NIOC) signed in Tehran a series of agreements…