Price reduction would follow the development of the Romanian Regional Gas Hub
This analysis is based on the PhD thesis “The Romanian Regional Gas Hub. Geographic, Economic and Geopolitical Aspects” Filip Negreanu-Arboreanu…
ROPEPCA warns with regards to a new blow against investments in the onshore Upstream
The Parliament adopted last week a draft law on the sales of agricultural lands in Romania (PL-x 336/2018). The adopted…
J.P. Morgan believes Brent crude could hit $190/barrel by 2025
J.P. Morgan thinks crude oil could hit $190/barrel by 2025, notes Cattle Drive Capital in an article published by seekingalpha.com.…
Polish competition watchdog sues Gazprom
Poland’s competition regulator UOKiK said on Wednesday it has started proceedings against Gazprom and could fine the Russian company some…
Oil, gas, coal could lose two-thirds of value by 2070
Business in oil, gas and coal is becoming increasingly unprofitable as global fossil reserves could lose around two-thirds of their…
Romanian state would lose 5 billion lei from excise duties in 2020 as a result of the reduction of fuel consumption by 20%
Domestic fuel demand will be reduced in 2020 by about 20%, estimates the main employer organization of oil and gas…
Virgil Popescu: Energy companies will make investments of about 12 bln. euro in five years, in line with the Green Deal
Minister of Economy Virgil Popescu issued an order asking all companies to approve by June 15 new 5-year investment plans,…
Concession of the first 22 new onshore perimeters in Round XI, in June
By the end of this month, the state will publish the announcement of the concession of the first 22 continental…
FPPG: Natural gas production in Romania, in danger
The obligation to supply natural gas on the centralized markets in Romania according to the ANRE Order 79/2020 with subsequent…
AEI: Suppliers largely keep gas prices above market levels for July 1
Although the liberalization of the gas market is fast approaching, out of 35 suppliers who sell regulated gas to household…
OMV Petrom launches a new edition of the “School of Petroleum Workers” program
OMV Petrom launches a new edition of the vocational education program “School of Petroleum Workers”. It is the first series…
Havrileţ: The natural gas market has the lowest level in terms of price
The natural gas market has the lowest level in terms of price, a historical level, so at present we are…
AIE calls for the establishment of a gas dispute resolution center
Bogdan Tudorache Although the liberalization of the gas market has been prepared for 15 years, there has been no consumer…
ROPEPCA is concerned that GEO 27/2020 introduces new risks in the O&G Upstream segment
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) warns that the changes brought to the Petroleum Law no. 238/2004…
Depogaz and Depomureş attracted European funds worth almost 200 mln. euro
The Minister of Economy, Virgil Popescu, announced on Friday, in Târgu Mureş, that the two large natural gas deposits in…
Popa, OMV Petrom: For investment in the Black Sea we need a competitive fiscal framework, free market and stability
The project on the exploitation of Black Sea gas represents a huge opportunity for Romania and now is the best…
Popescu: The amendment of the offshore law cannot be done only by the Government
The amendment of the offshore law cannot be made only by the Government, but needs political consensus, because it is…
Popescu: Gas suppliers are acting as hooligans with the prices in the offers they are currently sending to customers
The current practice of natural gas suppliers to send customers contract offers for the period after market liberalization at a…
Oil Terminal rejects the proposal to set up a dual management system
Bogdan Tudorache The shareholders of Oil Terminal decided, within the EGSM of May 28, to reject the plan to set…
Romgaz: Discussions regarding the acquisition of a share in the Neptun Deep perimeter, blocked until next year
Discussions regarding the acquisition by Romgaz (SNG) of a stake in ExxonMobil in the offshore perimeter Neptun Deep were put…
Volintiru: At the end of December, the Iernut plant must be operational
The Iernut gas plant is expected to be operational by the end of December, and 90-92% of the work is…
Sighetu Marmației – Vişeu de Sus – Borșa gas pipeline, a project of national importance
During the Government meeting on Wednesday, May 27, the Government Decision was adopted by which the investment project “Natural gas…
E.ON Gas Furnizare: The price for our household customers remains stable
The portfolio of domestic customers that chose E.ON Gas Furnizare offers for the competitive market increased significantly. “In the first…