OMV Petrom: We will maintain the same competitive level of employee remuneration in the future
The remuneration of OMV Petrom employees is at competitive levels for the relevant oil and gas industry and includes bonuses…
Christina Verchere: Neptun Deep is essential for Romania’s economic development
Neptun Deep will contribute to Romania’s energy transition, while ensuring continuity of energy supply and supporting the country’s economic growth,…
Bogdan Panainte, Homplex: Composite boxes are becoming an es-sential element in the natural gas supply system
“Technology in the field of utilities has reached such an advanced level that any equipment that until now seemed insignificant…
Lukoil is considering a possible sale of its Bulgarian refinery
The Russian oil group Lukoil announced on Tuesday that it is analyzing a possible sale of its refinery in Burgas…
OMV Petrom partners with Vulcangas Romania for liquefied natural gas (LNG) and compressed natural gas (CNG) filling stations
OMV Petrom has entered a partnership with Vulcangas Romania for opening liquefied and compressed natural gas filling stations. The first…
OPEC will meet before the scheduled meeting with its allies, barrel exceeds 80 USD
OPEC will hold an online meeting on Thursday at 10:00 GMT, ahead of the OPEC+ (Organization of the Petroleum Exporting…
Dumitru Becșenescu: CNG is the only viable solution for the transition to climate neutrality
Compressed natural gas (CNG) is the only viable solution in the transition to climate neutrality as it generates 25% less…
Cristina Prună: Natural gas remains extremely important for the transition
Natural gas remains extremely important for our energy transition, said Cristina Prună, Vice President of the Chamber of Deputies’ Industry…
IEA: The oil market will register a surplus next year
The world oil market will record a slight surplus next year, even if OPEC+ countries extend their production cuts in…
Eurostat: Greenhouse gas emissions generated by the EU economy fell by 5.3% in Q2
Greenhouse gas emissions generated by the European Union economy totaled 821 million tons of CO2 equivalent, in the second quarter…
Court of Accounts: Romania doesn’t have a strategy that defines the objectives of the natural gas sector
Romania has not yet approved a National Energy Strategy (SEN) that defines the objectives of the natural gas sector in…
The main challenge is the transition to a new energy vector
Changing the main source of energy for Romania is difficult due to rising costs of export products, but in the…
Becoming “green” has turned into an essential part of doing business
XP, formerly known as Expert Petroleum, has more than 18 years of operations focused on redeveloping mature oil and gas…
Szijjarto: Pressure to give up Russian gas means blowing up our gas supply
The pressure to give up Russian gas means, simply, to blow up Hungary’s gas supply, because due to our infrastructure…
Volker Raffel: If we want to be less dependent, we have to reduce imports
We need natural gas, even if we use biomethane or hydrogen, and if we want to reduce emissions at European…
Ion Sterian: Gas pipeline that will take over Neptun Deep production, operational in July 2025
The Tuzla – Podisor gas pipeline, which will fully take over the production from Neptun Deep, will become operational on…
RIGC 2023 opened in Bucharest for a regional dialogue on energy transition
The 6th edition of the RIGC Romanian International Gas Conference takes place in Bucharest between 7-8 November. The event is…
Burduja: The final form of the agreement with banks – next week
The final form of the Agreement with banking institutions regarding credit solutions through the factoring system, which will allow keeping…
Delgaz Grid successfully tested the operation of the grid with a mixture of hydrogen and natural gas
The Delgaz Grid company, a member of the E.ON Romania group, successfully completed, on Thursday, November 2, the last field…
Fitch warns that an era of downgrades is ahead for oil and gas companies
Most of the fossil fuel industry could face a period of downgrades if producers don’t quickly adapt to a low-carbon…
Hungary is looking for the gas suppliers of the future
Hungary’s gas consumption has dropped from the traditional ~10 bcm by 1,5 bcm to 8.5 bcm both on the residential…
Verchere: We will continue to work at full speed at Neptun Deep to start production in 2027
The Neptun Deep project is progressing according to plan and we will continue to work at full speed so as…
Gas infrastructure upgrading is necessary to take over the LNG from the Argo FSRU project
Mediterranean Gas will export LNG to Romania and Central Europe but there is a need for upgrading the infrastructure to…