OMV Petrom: Biofuel deal that could bring Expur about 750 mln. euro in six years
OMV Petrom and Expur concluded a contract for the purchase of pre-treated vegetable oil intended for the production of diesel…
ANRE approves a 19% increase of regulated gas distribution tariffs
ANRE approved the regulated natural gas distribution tariffs applicable to natural gas consumers benefiting from the distribution service, starting from…
Investment of 10 mln. USD at Petromidia Hydrogen Plant
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), has renewed the Hydrogen Power Plant (HPP) in the Petromidia…
Petrobrazi Refinery: Investments of over 2 bln. euro by 2030
The Petrobrazi refinery is celebrating its 90th anniversary, OMV Petrom announced. Petrobrazi will continue to play an essential role for…
The energy market must be left to adjust itself
The energy market needs, in the current context, a balance that should be achieved through the market’s own mechanisms, without…
New energy strategy aims to ‘accelerate decarbonization’ of national energy system
Romania’s future energy strategy will be based on three main pillars: renewables, nuclear energy and natural gas. The new strategy…
Antal Lorant: Time for the EU to rethink its energy transition
The elections that have just ended were important because they showed that the voices that wanted to ban the exploitation…
Romania is Moldova’s gateway to Europe
Romania is the gateway to the EU and Moldova’s connection to the European energy market, said Moldovan Energy Minister Victor…
BRM: Moldova’s natural gas market is still under construction
The natural gas market in the Republic of Moldova is still in the construction phase and all the players involved…
Boglight Gaz enters the gas supply market in the Republic of Moldova
Boglight Gaz Moldova is oriented towards economic customers in the free market and wants to offer consumers alternatives to traditional…
Moldovagaz expects “a battle for capacity” this year
Moldovagaz is trying to contribute to the creation of a vertical natural gas corridor, and this year is expected “a…
OMV improved the estimates for 2030; becoming a leader in the energy transition, a priority
The Austrian group OMV, the majority shareholder of OMV Petrom, announced on Thursday that it has revised upwards its estimates…
IEA: Oil demand has peaked, there is a major surplus
World oil markets are facing a “major” surplus this decade because the abandonment of fossil fuels leads to a flattening…
Six practical examples of using artificial intelligence with Procesio
Procesio, founded by Mihai Dârzan, is expanding into new markets after creating an automation technology used by more than 6,000…
OMV Petrom injects 750 mln. euro in Petrobrazi’s sustainable fuels production
OMV Petrom, the largest integrated energy producer in Southeast Europe, will invest around 750 million euros in Petrobrazi to transform…
JT Grup Oil gets 20 mln. lei through its IPO
JT Grup Oil, a company active in the fuel distribution market and the sole shareholder of JT Terminal, the newest…
We launched the 43rd edition of the Energynomics Magazine!
Issue 43 of Energynomics Magazine was launched on Monday June 10, during the “Energy Strategy Summit 2024”, and it will…
Europe remains dependent on gas imports in a market with volatile prices
Dependence on energy imports in Europe has not undergone significant changes in recent years, with Europe remaining heavily dependent on…
It’s official: JT Grup Oil’s IPO attracted 23 mln. lei in the first subscription days
During the first five days at 16% discount, the IPO of JT Grup Oil, the developer of the most modern…
The primary offer of JT Grup Oil, subscribed in a one third ratio
The market operation initiated by JT Grup Oil collected subscriptions worth 23 million lei until the last day when it…
Transgaz builds the supply pipeline of the Mintia plant, an investment of 60 mln. euro
The Minister of Energy, Sebastian Burduja and the General Director of Transgaz, Ion Sterian, signed a financing contract for the…
OMV Petrom completes the acquisition of Renovatio Asset Management
OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner…
OPEC extends the period of oil production reduction until 2025
OPEC+ agreed on Sunday to extend most of the big oil output cuts to 2024 but begin phasing them out…