Cristina Prună: Natural gas remains extremely important for the transition
Natural gas remains extremely important for our energy transition, said Cristina Prună, Vice President of the Chamber of Deputies’ Industry…
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Exploration & production
Volker Raffel: If we want to be less dependent, we have to reduce imports
We need natural gas, even if we use biomethane or hydrogen, and if we want to reduce emissions at European…
Verchere: We will continue to work at full speed at Neptun Deep to start production in 2027
The Neptun Deep project is progressing according to plan and we will continue to work at full speed so as…
Greenpeace protests against Neptun Deep on the occasion of International Black Sea Day
Greenpeace activists initiated a protest action on the Romanian coast, both in water and on land, to draw attention to…
Oil Terminal: Six companies signed up for the tender for the new bitumen terminal
Oil Terminal Constanța, the operator of the state oil terminal on the Black Sea, received six intentions to participate in…
Romania’s crude oil production fell 4% in the first eight months of 2023
Romania produced, in the first eight months of 2023, a quantity of crude oil of 1.87 million tons of oil…
OMV Petrom’s gas production decreased by 2.3% in the 3rd quarter of 2023
OMV Petrom’s gas production amounted to 59,500 boe/day in the third quarter of this year, down 2.3% compared to the…
Saipem: First project construction activities at sea for the Neptune Deep will start by 2025
The biggest new gas source for Romania is the Neptune Deep offshore project in the Black Sea. OMV Petrom and…
Romania’s crude oil production fell by 4.3% in the first seven months of 2023
Romania produced, in the first seven months of 2023, a quantity of crude oil of 1.636 million tons of oil…
How did Romgaz answered to the gas shortage caused by the war in Ukraine
With the war in Ukraine, for more than one year and a half, now, there is an increasing sense of…
Azomureș resumes fertilizer production at 55% of capacity
The Minister of Energy, Sebastian Burduja, said on Thursday, following the visit to Azomureş, that the management team of the…
Oil set for third straight weekly gain
Oil prices rose to a fresh 10-month high for the fifth straight session and were set to post a third…
Sterian: At the level of 2027-2028, Romania will need, apart from the gas from the Black Sea, of 4-5 bln. cmc
Romania will need, at the level of the years 2027-2028, 4-5 billion cubic meters of gas in addition to the…
Gazprom significantly increased its natural gas exports to China
Gazprom is responsible for more than half of the increase in China’s gas imports this year, the Russian energy group’s…
Bulgaria opens the tender for oil and gas exploration in the Black Sea
The Council of Ministers in Sofia decided to open a tender for the prospecting and exploration of oil and natural…
Prospect of strikes raises the price of natural gas
Benchmark natural gas prices on the European market rose on Monday as workers at some liquefied natural gas (LNG) production…
ANRM officially confirms the Development Plan for the deposits in the Neptun Deep perimeter
OMV Petrom and Romgaz announce that the final development plan for the Domino and Pelican Sud commercial deposits in the…
European Energy wants to produce green hydrogen and e-methanol in Romania as well
The Danes from European Energy aim to develop plants for the production of green hydrogen and e-methanol in Romania, after…
Romania’s crude oil production fell 3.9% in the first five months of 2023
Romania produced, in the first five months of 2023, a quantity of crude oil of 1.177 million tons of oil…
TotalEnergies signs 27 bln. USD energy deal with Iraq
Iraq and French oil company TotalEnergies signed a 27 billion USD energy deal on Monday aimed at boosting crude oil…
Greenpeace considers Neptun Deep a new threat to the Black Sea and coastline
Life in the Black Sea is in danger, and the decision to invest in Neptun Deep is a catastrophic one…
It’s official: OMV Petrom and Romgaz announce the investment decision for Neptun Deep, shares rising
OMV Petrom and Romgaz have approved the development plan for the Domino and Pelican Sud commercial natural gas fields in…
OMV Petrom and Romgaz will invest 4 billion dollars in the Neptune Deep project in the Black Sea
OMV Petrom along with its partner Romgaz, has made the Final Investment Decision for the development of the Neptune Deep…