OMV improved the estimates for 2030; becoming a leader in the energy transition, a priority
The Austrian group OMV, the majority shareholder of OMV Petrom, announced on Thursday that it has revised upwards its estimates…
The Austrian group OMV, the majority shareholder of OMV Petrom, announced on Thursday that it has revised upwards its estimates…
World oil markets are facing a “major” surplus this decade because the abandonment of fossil fuels leads to a flattening…
OMV Petrom, the largest integrated energy producer in Southeast Europe, will invest around 750 million euros in Petrobrazi to transform…
The Minister of Energy, Sebastian Burduja and the General Director of Transgaz, Ion Sterian, signed a financing contract for the…
OPEC+ agreed on Sunday to extend most of the big oil output cuts to 2024 but begin phasing them out…
The guide related to the state aid scheme which finances with almost 362 million euros the development of gas production…
The Oil and Gas Employers’ Federation (FPPG) notes the adoption, this week, of the Net Zero Industry Act (NZIA) by…
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, a member company of the KMG International Group (Rompetrol), introduced two modern reactors into the operational flow of…
The Neptun Deep project is in the stage of obtaining the environmental impact assessment and we hope that, by the…
OMV Petrom put into operation the largest crude oil tank in Romania, on the platform of the Petrobrazi refinery. The…
Romania produced, in the first quarter of 2024, a quantity of crude oil of 682,400 tonnes of oil equivalent (toe),…
The Neptun Deep project in the Black Sea is unique in the world and highly beneficial for the countries in…
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), recorded in the first quarter of 2024 a gross turnover…
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the production facilities at…
OMV Petrom, the largest integrated energy producer in Southeast Europe, has published its Sustainability Report for 2023. It provides an…
Natural gas trade is a key contributor to GDP in several exporting economies, for example contributing 12% of GDP in…
Romania produced, in January 2024, a quantity of crude oil of 231,700 tons of oil equivalent (toe), 11,300 toe less…
JT Grup Oil announces the completion of the first stage of construction of the only private terminal for petroleum products…
Romgaz restarts, by own forces, the drilling program in the Caragele perimeter, after years of blockages, the Minister of Energy,…
Romania produced, in 2023, a quantity of crude oil of 2.795 million tons of oil equivalent (toe), with 129,200 toe…
Romgaz, the national gas producer that, through its subsidiary Depogaz, manages the majority of gas storage warehouses in Romania, has…