Remarkable in the Romanian Oil and Gas industry
At the beginning of 2021, the National Agency for Mineral Resources will amend Order 32/2018 to introduce as reference the…
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Exploration & production
Changes to the Mining Law – interview with Nicolae Turdean, the president of ANRM
President Klaus Iohannis promulgated the amendments to the Mining Law so that part of each mining royalty due to the…
FSLI Petrol Energie trade unionists picketed one of the GSP group’s HQs on Thursday
Members of the Federation of Free and Independent Petroleum Energy Trade Unions (FSLI) picketed one of the headquarters of the…
Mariusz Kawnik: Brussels is moving fast to getting gas out of the picture
Executive Director of Central Europe Energy Partners – CEEP, Mariusz Kawnik is involved in a number of regional projects and…
Mariciuc, MFE: The transition from coal to gas is not accepted in the EU, although it may seem winning in Romania
The transition from coal to natural gas, although it may seem a winning solution in Romania, is not yet accepted…
Lukoil accuses Romanian state of killing competition in fuel market through a centralized auction
An auction that can rise over 4 billion lei through which the state wants to ensure for the first time,…
Volintiru: Romgaz wants to double its turnover in the next seven years
Romgaz’s strategy envisages multiple investments, leading to a doubling of the company’s turnover in the next seven years, the company’s…
Dan Dragan: There are companies interested to enter offshore gas operations
Dan Dragan, Secretary of State in the Ministry of Energy, says that there are important companies that want to enter…
Transgaz publicly accuses delays in the development of the Vertical Corridor
“I assure you that the BRUA pipeline will operate and transport gas,” said General Manager of Transgaz Ion Sterian at…
Andreas Goldthau: The green race is on and the winners will be those who have the solutions and the intellectual property rights
A focal focus on natural gas infrastructure may put the region at a comparative disadvantage, warns Professor Andreas Goldthau from…
The government works with the Competition Council and the European Commission on the future support scheme for cogeneration
The Romanian natural gas sector could benefit from the construction of new high-efficiency cogeneration units. The Ministry of Economy, Energy…
Popescu: Romgaz can take over Exxon’s stake in Neptun Deep, has a larger financial capacity than Petrom
Romgaz has a larger financial capacity than Petrom and can take over the entire participation of ExxonMobil in the Neptun…
Gal, ANRM: Oil royalties fell by about 21% in the first 9 months
In the first nine months of the year, oil royalties fell by about 21 percent, primarily due to declining oil…
Romgaz reported a net profit of 941 million lei in nine months, down 20%
Romgaz Group registered in the first 9 months of 2020 a turnover of 2.9 billion lei, down by 23.01%, respectively…
Romgaz could enter foreclosure procedures for not paying dividends to the state
Romgaz estimates that it may enter enter foreclosure procedures by the National Agency for Fiscal Administration (ANAF) for not paying…
Orban: Transgaz has planned investments worth 1.1 bln. euro for this year
Transgaz has investment projects worth 1.1 billion euro for this year, aimed at achieving not only objectives of national interest,…
Lukoil gives up its participation in the Trident perimeter in the Black Sea
Adrian Volintiru, Romgaz’s general manager, told G4Media.ro that Lukoil wants to sell its stake in the EX-30-Trident perimeter in the…
Oil demand will be affected by new restrictions in Europe
New restrictions imposed in Europe to stop the spread of the coronavirus pandemic (COVID-19) will reduce the outlook for global…
Gal, ANRM: Investment needed in Black Sea gas projects, worth USD 6-7 bln
The Black Sea may become a small North Sea, as there are more than 200 billion cubic meters of gas…
MOL Group Q3 EBITDA bounced back despite the crisis
MOL Group announced its financial results for the third quarter of 2020. During the pandemic and economic crises, Clean CCS…
Greenpeace demands the exclusion of fossil fuels from funding
Bogdan Tudorache During this period, the European Parliament is discussing how public money will be used to recover from the…
Drăgan: Exploitation of the Neptun Deep project must begin by 2025
The Romanian government wants gas extraction from the Neptun Deep offshore field to begin by 2025 and is preparing a…
Gas will continue to be an important commodity for the next decades
Globally, and in the EU in particular, there is a very strong push in limitation the use of natural gas…