Budget of 362 mln. euro for gas production of energy in the thermal sector
The guide related to the state aid scheme which finances with almost 362 million euros the development of gas production…
Impact of NZIA on the Romanian oil and gas industry: Market interventions and CO2 injection obligations
The Oil and Gas Employers’ Federation (FPPG) notes the adoption, this week, of the Net Zero Industry Act (NZIA) by…
Romgaz will launch a first issue of international bonds, worth 500 mln. euro, in July
Romgaz’s first international bond issue, worth 500 million euro, is scheduled for mid-July, said the company’s general manager, Răzvan Popescu.…
Rompetrol Rafinare invests 16 mln. USD in new reactors for Petromidia refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), introduced two modern reactors into the operational flow of…
Dărăban: There are problems in the settlement from the Transition Fund
We have a problem in the way the financial sources are secured at the Transitional Fund from which the payments…
Szijjarto: Hungary and Bulgaria collaborate in the fields of natural gas and nuclear energy
Hungary and Bulgaria have a close alliance regarding the security of natural gas supply and the use of nuclear energy,…
Maximescu: Neptun Deep is waiting for the environmental impact assessment and construction authorization
The Neptun Deep project is in the stage of obtaining the environmental impact assessment and we hope that, by the…
Faist Mekatronic plans to build a green aluminium smelter
Faist Mekatronic plans to build a smelter for green aluminium, but its price, being 1 euro per kilogram higher than…
Bulgartransgaz picks two consortia for Vertical Gas Corridor expansion
Bulgarian state-owned gas transmission operator Bulgartransgaz said that it selected two consortia in a 586.7 million levs ($325.3 million/300 million…
Gazprom will not pay dividends, last year it recorded its first losses since 1999
The Moscow Government has instructed Gazprom not to pay dividends for 2023, according to a decree published on the state…
OMV Petrom: Investment of 23 mln. euro in the largest crude oil storage tank in Romania
OMV Petrom put into operation the largest crude oil tank in Romania, on the platform of the Petrobrazi refinery. The…
INS: Romania’s crude oil production fell by 3.4% in Q1
Romania produced, in the first quarter of 2024, a quantity of crude oil of 682,400 tonnes of oil equivalent (toe),…
F. Neel: Black Sea gas has the lowest carbon intensity in the world
The Neptun Deep project in the Black Sea is unique in the world and highly beneficial for the countries in…
Romgaz opened a new branch in the Republic of Moldova, specialized in gas supply
Romgaz opened a new branch in Chisinau on Thursday, specialized in gas supply. “By Decision no. 32/2024, the Board of…
Delgaz Grid announces investments of 154 mln. euro in 2024, after last year’s record figure of 177 mln. euro
Delgaz Grid, part of the E.ON Romania group, last year made the largest investments in the last 18 years in…
Rompetrol Rafinare’s results, influenced by market volatility and the turnaround of the Petromidia refinery
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), recorded in the first quarter of 2024 a gross turnover…
Results of main energy producers – in line with the price drop, the system operators mark significant increases
Major energy-producing companies reported lower profits in the first quarter (Q1) of the current year, hit by falling prices over…
Urluescu: We expect a drop in gas prices
Household consumers’ bills for natural gas will drop to 0.23 and 0.25 lei per kWh in the coming period, well…
Rompetrol Rafinare completed the turnaround of the Petromidia refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the production facilities at…
Crețu: Without investments in new CHPs, Bucharest will be without heat and hot water in a few years
The merger between Termoenergetica and ELCEN has been discussed for ten years, but without investments in new CHPs, in a…
Two Chinese firms to invest 2.7 bln euro in Serbia’s energy sector
Serbia’s government said on Thursday that it signed two agreements with Chinese companies that will enable new investments in the…
President of Azerbaijan supports the Black Sea underwater cable project
Bulgaria is an important transit country for neighboring states that receive Azerbaijani gas through its territory, Azerbaijani President Ilham Aliyev…
Norway and the Republic of Moldova signed a MoU for cooperation in the energy sector
Norway and the Republic of Moldova signed a memorandum of understanding on Tuesday to expand cooperation in the energy sector,…