OMV Petrom increases investments by 20%, offers dividends of 66% of profit
OMV Petrom will distribute record basic dividends of approximately 2.8 billion lei for the financial year 2024, representing 66% of…
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Oil&Gas
MET Group invests in renewable energy development
Headquartered in Switzerland, MET Group has reported robust financial results for 2024, reflecting a clear strategy of increasing investment in…
Delgaz Grid: 46 mln. lei investments for the modernization of gas networks in Mureș
Delgaz Grid, the natural gas and electricity distribution company of the E.ON Group in Romania, will carry out 25 investment…
Shaping strategy, backing innovation: Franck Neel’s journey in energy leadership (WATTs Next podcast)
“When I was 18, I wanted to be a journalist,” Franck Neel admits, reflecting on a career that has since…
KMG International (Rompetrol) appointed a new management team
KMG International has recently appointed a new management team as part of its strategy to develop, increase efficiency, and consolidate…
Moldova’s energy reconfiguration: strategic control over natural gas supplies to the Transnistrian region
Mihai Melintei, Energy Analytical Studies In recent years, the Republic of Moldova, with the support of the European Commission, has…
Delgaz Grid: Record investments of around 64 million lei in the gas networks in Cluj
Delgaz Grid, the natural gas and electricity distribution company within the E.ON Group in Romania, completed 15 investment projects in…
Energy Ministry has to propose targeted measures for vulnerable consumers
Romania is in the top half of the European ranking in terms of energy prices relative to purchasing power. However,…
EU Council: Two-year extension of gas storage 90% fillout rule
Member states’ representatives (Coreper) approved on Friday the Council’s position on amending the gas storage regulation. The Commission proposed to…
ANRE proposes a guarantee of 30% of the value for contracts concluded on electricity markets
On Thursday, the National Energy Regulatory Authority published, in public consultation, a draft Order regarding the introduction of a guarantee…
BSOG Energy and Unigrains Trading partner to build a biomethane and biofertilizer production facility in Romania
BSOG Energy, an energy company focused on developing biomethane production plants across Romania owned by Black Sea Oil & Gas,…
Energy 2025 – liberalization, investment in renewables and the return of natural gas
In 2025, the Romanian energy system can be described with a triple label: a return to the free market, accelerated…
Burduja: Iernut power plant 97% complete, works to be completed by June 2
The Iernut gas power plant has gone through a prolonged blockage, but has reached a 97% execution stage, Energy Minister…
FPE: Investors expect the state to stimulate capital injections into the economy; every euro invested has a significant impact on GDP
Investors expect the state to stimulate investments in the economy, through a stable and predictable environment, without overtaxation – as…
EU countries study new tools to make gas storage more flexible
EU member states are considering empowering the European Commission to allow more flexible targets for filling gas storage facilities if…
Christina Verchere: The energy transition trajectory is set – all the debate in on the right pace
“The energy transition trajectory is set,” said Christina Verchere, CEO of OMV Petrom, speaking at Spring Cocktail, the annual flagship…
Fertilizer Industrial Services Ltd plans to restart fertilizer production in Romania
Fertilizer Industrial Services Ltd aims to restart fertilizer production in Romania using gas from the Neptune Deep project. Additionally, the…
George Niculescu, ANRE: We have to balance investment needs and consumer willingness to pay
George Niculescu, President of the Romanian Energy Regulatory Authority (ANRE), acknowledged the challenge of balancing investor expectations with consumer affordability…
Moldova opens market to investors: renewables, storage, innovation
After years of constant preoccupation with energy security, the Republic of Moldova is accelerating the profound transformation of the national…
Niculescu: Investments in the Black Sea offer Romania the necessary security guarantees
Investments in the Black Sea in the energy sector will offer Romania the necessary security guarantees, said the president of…
BRM argues against extending undifferentiated energy consumer support measures
The Romanian Commodities Exchange (BRM) is deeply concerned about the prolongation of the support measures for electricity and natural gas…
Laurențiu Ciurel: Gas projects are delayed, will probably be finalized only in four years, except for Iernut
The main combined cycle power plant projects, except for Iernut, but also Mintia, will be delayed, the 2026 commissioning deadline…