Mol announces first oil exploit in Catcher field, UK
Mol and its partnbers announced the first oil extraction at the Catcher, UK oilfield. Over the coming months production is…
Positive developments in the legislation rise hopes for the offshore sector
This October, Bucharest hosted the 5th edition of the Black Sea Oil & Gas conference, organize by GBC. There were…
The new royalties’ framework in the Romanian O&G Upstream
The Economy Ministry published in October the draft law for mineral, petroleum, and hydro-mineral resources. The document includes a much…
Paul Brummell: We are not leaving Europe; all our values remain exactly the same
Your Excellency, you have been the British ambassador in Romania since 2014, starting with just a few months before the…
100 private stations use ROTTCO SYNERGY Card system for fleets
Launched first in June 2016, ROTTCO Synergy became this year SYNERGY by ROTTCO, an improved business concept, with a new…
Bogdan Chirițoiu: We make sure the newly-liberalized industry adjusts to the market regulations
The importance of the Competition Council for the power field expands every year, with every new step towards full liberalization…
FP identified the worst day of corporate governance in Romania
Fondul Proprietatea considers 2017 as a a difficult year, marked by blatant disregard, attacks and systematic abuses of corporate governance.…
Why we need a competitive energy market
Daniel Apostol, Secretary General of ROPEPCA For some time now, we have witnessed a long dispute within the political environment…
Sand Hill Petroleum Romania to invest up to 20 million euros in 2018
Sand Hill Petroleum Romania SRL (”Sand Hill”) is one of the newcomers in the Romanian Upstream sector (crude oil and…
ArcelorMittal challenges in court the appointment of the BRUA contractor
ArcelorMittal Galati challenged the tender for the designation of the BRUA gas pipeline builder after it was eliminated for lack…
World Bank pulls plug on oil and gas
The World Bank has announced it will stop funding oil and gas projects from 2019. Annie Pickering, a campaigner at…
Issues of major importance for the future of the Romanian energy industry
The rethinking of the regulatory framework in the entire energy and mineral resources field is in process of redefinition, with…
Romgaz Director, Virgil Metea, fired 6 months after confirmed for a new four-year term
The Board of Directors of Romgaz decided to revoke Virgil Metea’s mandate as director general. The revocation reasons, as presentedin…
EIB offers Transgaz 50 million euro in lei, first loan in national currency
The European Investment Bank (EIB) is providing the first loan to a corporate in Romania that can be disbursed in…
The shares of the energy companies – between unprecedented growths and political decisions
The most consistent advance of quotations for the energy titles listed at the Bucharest Stock Exchange has been recorded this…
Gazprom to participate in LNG project in Iran
Russia’s top gas producer Gazprom has signed a roadmap on implementation of projects in Iran and a memorandum of understanding…
Economy Ministry: Transgaz doesn’t give up the buyout of Moldovian gas operator
The Ministry of Economy continues to support Transgaz’s takeover of Moldova’s Vestmoldtransgaz gas operator, and the vote in the company’s…
Italy declares state of emergency after the Austrian gas terminal explosion
Italy has declared the state of emergency regarding energy supplies after the explosion at the Baumgarten gas terminal in eastern…