OMV Petrom will pay 27 mln. euro to the parent company for participation in the Han Asparuh perimeter in Bulgaria
OMV Petrom will pay OMV Exploration & Production about 27 million euro for the acquisition of the shares held by…
In respect to the Neptun Deep project, OMV Petrom moves from “when” to „if” – changes to offshore law are urgent
The extraction of natural gas from the Neptun Deep perimeter of the Black Sea has become uncertain, as the offshore…
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
The national gas and electricity transmission system operate under normal parameters
The national gas and electricity transmission system is operating under normal parameters, and Romania is not facing any particular problems…
Romgaz asks the government to approve his participation in the Neptun Deep auction
Bogdan Tudorache Romgaz convened for March 11 the extraordinary meeting of the shareholders asking for “approval of the acquisition of…
Gov’t approved the program for introducing gas to villages, worth 500 mln. euro
The government approved, in its Tuesday meeting, a national program for the introduction of natural gas in the rural area,…
Bulgaria mulls re-opening Gazprom antitrust probe
According to sources in Sofia, Bulgarian state-owned gas supplier Bulgargaz is preparing to ask the Commission to resume antitrust proceedings…
Transgaz signed the MoU on the development of gas networks in Eastern Europe
Transgaz has signed the Memorandum of Understanding on the Partnership for the Development of Natural Gas Networks in Eastern Europe…
Competition authorized the acquisition of Panebo Gas by Gaspeco
The Competition Council authorized the transaction by which the company Gaspeco L&D SA took over Panebo Gaz SRL. Gaspeco L&D…
3 new wells at Caragele increase daily production of Romgaz by 30%
Romgaz announced the start of production in the deep area of the Caragele structure, through the 77 Rosetti well, with…
Four main strategies from O&G majors in addressing the energy transition
Nearly all the major oil and gas companies are addressing the energy transition due to a combination of multiple drivers…
Romania Blockchain Summit – the Hottest Blockchain Summit in South-Eastern Europe (April 14, 2020)
Romania Blockchain Summit 2020 is the second edition of the biggest Summit of the industry organized in South-Eastern Europe, bringing…
2020 will bring lower prices for gas and insolvency risk to suppliers (Intelligent Energy Association)
The natural gas market in Romania will undergo a strong transformation in 2020, predicts the natural gas expert Dumitru Chisăliță’s…
ANRM auctions: The 28 perimeters are in the procedure of drawing up the documentation
The 28 perimeters of the 11th round of National Mineral Resources Authority (ANRM) tenders are in the process of drawing…
Digitize the Upstream O&G – 5 principles and 7 tips from Strategy&
A most recent report from Strategy&, part of the PwC network of firms, capitalizes on six senior O&G gas executives…
Virgil Popescu: We will have an excess of stored gas since March – the price will fall
Bogdan Tudorache Virgil Popescu, Minister of Economy, Energy and Business Environment, says he estimates a fall in the price of…
About 80% of the on-surface operations royalties will be allotted to local authorities
Liberal party PNL will send the Government for approval a project whereby the royalties from surface operations will remain, at…
Transgaz: The capacity made available on all interconnection points is of 44.2 mmc daily
The firm capacity made available by Transgaz on all the interconnection points with the adjacent transport and system operators (TSOs)…
Ukraine’s own Green Deal aims to slash energy imports
Ukraine’s long-term climate plan could significantly cut reliance on energy imports, its energy ministry suggested last week. But a 2050…
Transgaz shareholders, called for approval of the financing Development Plan for 2019-2028
The shareholders of Transgaz were summoned, on March 4, to approve the financing of the “Development Plan of the National…
OMV Petrom has started the process of selling its assets in Kazakhstan
OMV Petrom has started the process of selling its oil and gas fields in Kazakhstan, its only overseas assets, according…
Orban: Hidroelectrica, Nuclearelectrica, Romgaz are companies that are profitable, they are well managed
The Government’s vision is to ensure an efficient management in all state-owned companies, Prime Minister Ludovic Orban said on Thursday.…
Romgaz extended the term of execution of the contract for the Iernut power plant
Romgaz extended the term of execution of the contract with DuroFelguera and Romelectro, for the Iernut power station, according to…