Ade Gas expands by taking over assets from Azalis, Eurogenetic and Dolchimex
The Competition Council authorized the transaction through which Ade Gas Oil Company takes some assets from its associates Azalis SRL,…
The Central Depository will distribute dividends of OMV Petrom
The Central Depository will distribute dividends to shareholders of OMV PETROM from 13.06.2019 to 14.06.2022, the institution announced. The Issuer…
Energy Minister, Energy Strategy Summit: Tarniţa in government meeting next week; negotiations with the EU on carbon certificates
Romania has a relatively balanced energy mix and it can cope with most of the situations, Energy Minister Anton Anton…
Ciocănelea, Energy Strategy Summit: Vulnerable Consumer Commission and Launch of the Round XI of the concession of new petroleum blocks
The Prime Minister has approved the establishment of an inter-ministerial commission that will draft legislation on the definition and protection…
Chiriţă, Energy Strategy Summit: Withdrawal of 10,000 MW, more storage for gas, a transparent gas market
ANRE has developed and will develop new regulations so that competition, transparency and non-discrimination will be considered in the field…
We released the 23rd issue of the energynomics.ro Magazine, at the 2019 Energy Strategy Summit!
The 23rd edition of energynomics.ro Magazine was launched on Tuesday, June 11th, within the 5th edition of Energy Strategy Summit. 184 pages of interviews,…
Transgaz approves the smaller dividend, but if it does not invest it will have to provide additional dividends
Bogdan Tudorache Transgaz shareholders were able to approve the dividends for the financial year 2018 with 93.7% of votes. Thus,…
The Ministry of Energy and the KEVR support the creation of a natural gas exchange in Bulgaria
“Only in case of diversification of natural gas supplies we can talk about competition and create conditions for market liberalization”,…
Oil at $100? Experts predict where crude could go if an Iran conflict breaks out
Oil is in the crosshairs as the prospect of confrontation brews between the U.S. and Iran. A top military aide…
OMV Petrom invests 46 mln. euro in the coking plant at the Petrobrazi refinery
OMV Petrom continues the modernization works at the Petrobrazi refinery. The company has invested about 46 million euros since 2017…
FPPG: Romania should cancel the price cap, adapt market conditions and interconnect faster
In the aftermath of the new regulations’ (GEO 114/2018 and GEO 19/ 2019) effects, the Romanian Oil and Gas Employers’…
OMV and Porsche Holding partner to boost CNG fuelling
OMV is investing up to EUR 10 million in the CNG network, with plans to upgrade the existing dispensers and…
Nord Stream 2 ready by 57% – Gazprom
Nord Stream 2 gas pipeline, which lies from Russia to Germany is constructed by 57%, as Gazprom’s information office informed,…
Russia’s Lukoil says Q1 net profit up 37% y/y, helped by weaker rouble
Russia’s No.2 oil producer Lukoil posted a 37 percent rise in first quarter profit to 149.2 billion roubles ($2.3 billion),…
Sanctions show US has a ‘burning interest’ in Venezuela’s energy resources – Rosneft CEO
Venezuela’s natural resources lure many companies that would like to tap them, especially American ones, and sanctions against the South…
Shell plans to boost returns and become a force in power
Royal Dutch Shell outlined plans on Tuesday to boost shareholder returns after 2020, while also increasing spending on oil, gas…
Valmet Energy Day România – June 18, 2019, Bucharest
Finnish company Valmet organizes the Valmet Energy Day seminar on June 18, 2019, at the Hilton Garden Inn Hotel, in…
Hydropower Balkans, the 3rd edition (November 7-8, Belgrad)
3rd International Summit and exhibition “HYDROPOWER BALKANS 2019” is a professional platform, bringing together chief ministers, major investors, decision-makers of…
OMV chief criticises US pressure over Russian gas pipeline
The head of OMV has accused the US of trying to “dictate” energy policy to its allies, calling on the…
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…
Gazprom boosts first-quarter profit 44% despite lower gas sales
Russia’s state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher…
Bulgartransgaz changed the consortium which will build “Turkish Stream” through Bulgaria
Bulgartransgaz changed the consortium, which will build “Turkish Stream” through Bulgaria. The reason – the previous favourite did not submit…