Florin Frunză is the new CEO of MET Romania, Petre Stroe remains in the Board
MET Romania Energy announced that Petre Stroe has decided to retire as CEO and will be appointed non-executive chairman of…
Competition analyzes the takeover by Rompetrol Downstream of the nine petrol stations operated by Comision Trade
Competition Council analyzes the transaction through which Rompetrol Downstream SRL intends to take over the right of use over nine…
Gazprom expects gas exports to Europe in 2020 at 170 bln cubic meters
Gazprom expects “with cautious optimism” gas exports to Europe in 2020 to reach 170 bln cubic meters, department head at…
ANRE: Failure to comply with the gas supply obligation is sanctioned with a fine of 5-10% of turnover
Contracts for the sale and purchase of gas on the wholesale market concluded after July 1, 2020, regardless of the…
EC: EU gas production fell by 23% in Q1, with Romania in second place
The European Union’s gas production fell by 23% in the first quarter of this year (Q1), while Romania remained second…
OMV Petrom completes the acquisition of OMV Offshore Bulgaria, entering Han-Asparuh offshore exploration block
OMV Petrom, the largest energy company in Southeastern Europe, completed the transaction for the acquisition of 100% of the shares…
Competition analyzes the outsourcing operation of some services by OMV Petrom
Competition Council analyzes the transaction through which OMV Petrom SA outsources to J. Christof E&P Services and Christof Private Firefighting…
Platts: Ungheni-Chisinau gas pipeline will not be an alternative to Russian gas
According to an analysis by S&P Global Platts, the new Ungheni-Chisinau gas pipeline will strengthen the negotiating position of the…
Igor Dodon: Moldovagaz to cut natural gas tariffs for final consumers in Moldova, since September
Moldovagaz will initiate the reduction of natural gas tariffs for the final consumers, from September of this year, announced Igor…
Russia protests against the EU’s intention to impose a carbon tax on imported products
Moscow protested against the European Union’s intention to introduce a carbon tax levied on products imported by the EU bloc…
EBRD acquires 25% of Vestmoldtransgaz, Ungheni-Chisinau gas pipeline operator
The European Bank for Reconstruction and Development (EBRD) has acquired a 25% stake in gas transmission company Vestmoldtransgaz, which operates…
Transgaz posted an 18% increase in net profit in the first half of the year
Transgaz, the national gas carrier, registered in the first half of this year a net profit of 231 million lei,…
Delgaz Grid: Over 900 cases of fraudulent energy and gas consumption in H1
Delgaz Grid specialists identified, between January and June, 914 cases of fraudulent consumption, 458 of them being in the natural…
OMV Petrom and Auchan partnership: 400 MyAuchan stores across the Petrom network over the next five years
OMV Petrom, the largest energy company in Southeast Europe and Auchan Retail Romania, the Romanian subsidiary of Auchan Retail, one…
The role of the O&G industry in carbon capture, use and storage – White Paper Energynomics
For many years, CCUS (Carbon Capture, Utilization and Storage) technologies have focused on the mining industry and on the coal-fired…
OMV issues €1.25 bln. in bonds to finance the acquisition of the additional Borealis stake
OMV, the main shareholder of the most important Romanian oil and gas company, OMV Petrom, announced the launch of a…
Exxon Mobil has been replaced in the Dow Jones Stock Exchange by a software company
Oil giant Exxon Mobil, which has been among the top 30 companies in the Dow Jones Industrial Average since 1928,…
Rompetrol Rafinare, new type of product for the production of protective medical masks
Rompetrol Rafinare through its petrochemical division – the only polymer producer in Romania has successfully developed a new product in…
New emission test leads to higher average motor vehicle tax in Germany
The implementation of new emissions tests for cars has led to a large increase in average vehicle tax for newly…
Transgaz shareholders will approve the EBRD-Vestmoldtransgaz transaction
Transgaz (TGN) shareholders were summoned on October 5 to approve the EBRD’s entry into the Vestmoldtransgaz shareholding, according to a…
Orban: Any discussion about the level of royalties must be rational
Prime Minister Ludovic Orban said the government could not set royalties without taking into account the meaning of the world…
Daniel Apostol (FPPG): Turkey can become Romania’s partner in Black Sea gas projects
Turkey could become Romania’s partner in Black Sea gas exploitation projects, with the huge discovery of gas from Turkish waters,…
Nicolescu: Romanians could take advantage of gas discoveries in Turkey
Romanians could benefit from gas discoveries in Turkey, which will increase competition in the region and determine the construction of…