FPPG: Regulated prices and the 2% tax to ANRE blocked liberalization and distorted the energy market
The Oil and Gas Employers’ Federation – FPPG welcomes the initiative of the Romanian Parliament to amend the GEO 114/2018…
The Oil and Gas Employers’ Federation – FPPG welcomes the initiative of the Romanian Parliament to amend the GEO 114/2018…
The Romanian Petroleum Exploration and Production Companies Association – ROPEPCA appreciates as beneficial and necessary the proposal of the Commission…
Deputies from the Committee of Budget postponed discussions on GEO 114/2018, with subsequent changes, after the members of the Committee…
US Administration issued a joint statement of the president of the United States, Donald Trump and president of Romania, Klaus…
Romania imported in June 2019 an amount of gas of 1,479,598 MWh, 364 times more than the same month last…
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and…
The development of offshore deposits discovered in the Black Sea is necessary to avoid the significant increase of dependence on…
Australian company ADX Energy Ltd, which owns 50% of the Parța hydrocarbon concession, from Timis county, started the drillings at…
Neptun Deep could become operational in 2024, increasing OMV production by 70,000 barrels per day (bpd) or nearly 11% of…
Petromidia Refinery, KMG International Group’s main asset in Romania recorded its lowest technological loss in history, along with its lowest…
On July 29, GSP Offshore and OMV Petrom signed a framework contract to provide integrated offshore services for Istria’s shallow…
Bulgaria’s government said on Wednesday that it will open a procedure for awarding a five-year oil and gas exploration permit…
OMV Petrom continues to be extremely committed to the Neptun Deep project, but it needs clarity and legislative stability “as…
Yemen’s internationally recognised government has called on oil companies to restart production and exploration in the country, the Ministry of…
The exit of Great Britain from the European Union would turn Romania into the largest gas producer in the EU,…
After obtaining the permits, Lukoil, the third investor interested in the Romanian Black Sea gas, will start drilling this autumn,…
The Romanian mineral resources regulator – ANRM has launched an auction for exploration, development and exploitation of 28 O&G perimeters,…
Bogdan Tudorache Romgaz reported a 6.1% increase in hydrocarbon production in the first half of this year (H1) to 17.4…
If the Romanian authorities change the rules during the game, they should not be surprised by the departure of the…
The Russian government’s generous tax break to its largest oil company, Rosneft, for work on its largest oilfield, the Priobskoye,…
Canadian-Chinese oil producer Bankers Petroleum has increased its crude oil output in Albania by 18% year-on-year to 15,059 barrels of…
Romgaz, through its specialized gas storage depot, Depogaz, launched in the Electronic Procurement System a tender notice for the elaboration…
Bogdan Tudorache While Exxon threatens to sell its Romanian stake in Neptun Deep, the Energy Ministry has announced it has…