New Gas Directive opens the way for a common EU approach on Russian imports
The EU Council agreement on its negotiating mandate under the Romanian Presidency of the EU Council came as a rather…
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Exploration & production
Black Sea Oil & Gas’ Midia project receives approval from ANRM for the Field Development Plan for the Ana and Doina Gas Fields
Black Sea Oil & Gas – BSOG together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas…
Petrom’s total hydrocarbons production declined by 5.5% in the first quarter
Petrom’s total hydrocarbon production was 153 thousand boe/ d in the first quarter of this year, compared with 162 thousand…
Mangalia Shipyard will produce ships for oil exploitation
Mangalia Shipyard will produce luxury ships for cruises and high capacity vessels for oil exploration and exploitation. “The recently signed…
Romgaz wants to hire a law firm for trials with own employees
National Company of Natural Gas Romgaz SA Medias wants to hire a law firm to represent the company in its…
Romgaz to start drilling in Slovakia
Romgaz, one of the two gas producers in Romania, which has a minority stake in a field in Slovakia, will…
Romania’s Black Sea gas projects hanging by a thread
Romania’s new energy regulations risk undermining plans by companies to develop big offshore gas projects in the Black Sea, putting…
Fear of infringement and industry lobby eliminates gas price freezing for companies
As a result of the industry lobby and the European Union’s recommendations, the government ceded and gave up the gas…
The regulator decided what companies would buy how much domestic gas and from whom at the price the Government set
The latest decisions of the National Regulatory Authority for Energy – ANRE set out the destinations for natural gas from…
Lukoil continues drilling in the Black Sea
Lukoil, one of the most powerful players in the local oil market, says this year will drill a probe in…
OMV Petrom and Exxon have new proposals for the gov’t
OMV Petrom and Exxon do not want to be subject to the financial tax provisions of the Offshore Law, OUG…
Prospex Oil and Gas raises funds for Romanian concession
K-based Prospex Oil and Gas has raised 800,000 British pounds (899,562 euro) via a share placing to help fund its…
Petrom paid the Romanian government 30% more taxes in 2018
The taxes paid by Petrom last year rose substantially from those in 2017, both as a result of higher profits…
F. Hajdinjak: Authorities must urgently rethink their energy poverty policies
Since publicly presented in late December 2018, GEO 114/2018 stirred massive reactions on all levels (media, industry, experts, politicians). It…
Petrom inaugurates the 65 mln euro poli-fuels plant at Petrobrazi
Petrom will open by the end of the month the plant which converts petroleum gas into gasoline and diesel, on…
Exxon doesn’t wait: Evaluates offshore Israel energy exploration bid
American oil and gas giant ExxonMobil is considering exploring for energy off the Israeli coast, according to Reuters. Executives from…
Szijjártó: Hungarian firms have signed contracts with ExxonMobil and OMV
Hungarian Foreign Minister Péter Szijjártó said on Thursday in Târgu Mureş that Hungary wants to buy natural gas from Romania,…
The Bulgarian government extends the exploration license in the Black Sea of OMV, Total and Repsol
The exploration license for the Han Asparuh 1-18 perimeter of the Black Sea, owned by OMV, the main shareholder of…
Franck Neel, OMV Petrom: Liberalization takes time
As Europe’s gas reserves deplete, Romania has the highest growth potential in the regional gas market, but liberalization takes time,…
Hungary is ready to buy gas from the Romanian Black Sea
Hungary is ready to buy gas from the Romanian Black Sea region at market prices, given the diversification of its…
Gazprom inaugurates construction of Serbian thermal power plant
State-owned Russian energy giant Gazprom has begun construction of a combined cycle thermal power plant (TPP) in Pancevo, Serbia in…
Delgaz Grid (E.On) invests 215 million lei in the distribution network
Delgaz Grid, the distribution company of the E.On Group, has posted in the Electronic Procurement System calls for proposals worth…
Sources: BSOG will begin gas supplies starting with February, 2021
Black Sea Oil & Gas (BSOG) has booked 90% of the gas capacity at the national transport system (SNT) in…