Canada’s Tenaz Energy is looking for acquisition targets in the Romanian oil sector
The Canadian company Tenaz Energy is looking for opportunities to enter the Romanian oil and gas market. The company’s business…
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Exploration & production
D. Chisăliță: The new Ordinance leads to rising prices and the collapse of the energy system
Dumitru Chisăliță, President of the Intelligent Energy Association Romanian energy system entered into crisis in 2017-2018. Statistically, it was the…
European refinery production decreased by 0.8% in July
European refineries produced 9.579 million barrels per day (bpd) of oil products in July, down 0.8% from the same period…
Croatia invests 180 mln. euro to increase gas capacities
Croatia will invest 180 million euros ($182.32 million) to build a new gas pipeline and significantly increase the capacity of…
Erdogan launches new gas exploration campaign in Eastern Mediterranean
Turkish President Recep Tayyip Erdogan launched a new gas exploration campaign in the Eastern Mediterranean on Tuesday, stating that it…
Romania’s continental resources are running out, there is no coherent strategy
Romania’s onshore resources are gradually depleting and, as in any other field of energy, we have almost no policy that…
Romania’s domestic energy production decreased by 8%, demand decreased by 5%, in H1
Romania’s domestic energy production decreased by 8% in the first six months of the year, and energy demand decreased by…
Romgaz hydrocarbon production decreased by 0.25% in H1
Romgaz recorded in the first half of this year (H1) a total production of hydrocarbons of 16.26 barrels of oil…
Gas imports decreased by 14%, production by 5.6%, between January and May
Romania imported, in the first five months of 2022, a quantity of usable natural gas of 930,500 tons of oil…
Russia will take control of the Sakhalin 1 energy project
Pavel Zavalny, chairman of the Energy Committee of Russia’s lower house of parliament, said the Sakhalin-1 oil and gas project…
More and more gas drilling projects resurrected around Europe
Besides diversification, saving energy, or pushing for renewables, some countries have opted to expand existing gas drilling sites or exploit…
OMV Petrom will start production of sustainable aviation fuel at Petrobrazi
OMV Petrom, the largest integrated energy company in Southeast Europe, will produce sustainable aviation fuel at the Petrobrazi refinery by…
RWE halts early retirements as Germany ramps up coal use to replace Russian gas
RWE, Germany’s largest energy company, has halted early retirement of employees in reaction to the government’s decision to increase the…
Ukrainian rockets hit oil rigs off Black Sea near Snake Island
The Ukrainian army has hit with rockets two oil rigs off the Crimea, according to a pro-Russian official in the…
Minister of Energy: The first gas from the Black Sea entered the national transport system
The first gas from the Black Sea entered the national transport system on Wednesday, respectively the gas from the Midia…
Russian natural gas substitution – scenarios proposed by FEL Romania
The escalation of the Russian-Ukrainian conflict has amplified the effects of the energy crisis and calls for a rethinking of…
GSP signs a Black Sea drilling contract with Trillion Energy of Canada
Grup Servicii Petroliere (GSP) has signed an offshore drilling service agreement with Trillion Energy International for the 2022-2023 drilling program…
Romania amended offshore law to allow exploitation of Black Sea gas
Romanian Energy Minister Virgil Popescu welcomed the favourable vote in the Chamber of Deputies, the decision-making body, and his parliamentary…
Green NGOs are calling for new protection regulations in offshore oil operations
Environmental organizations Greenpeace, Bankwatch, 2Celsius, WWF and Declic have sent an open letter to members of Parliament regarding the offshore…
Radu Dudău: We hope for a positive result of the strategic project of the Black Sea gas
Romania’s Parliament is finally moving at a record speed on the Black Sea gas strategic project and we hope for…
Offshore law was adopted by the Senate, Chamber of Deputies follows – as decision-making body
The Senate adopted on Wednesday, as the first chamber notified, the draft amendment to the Offshore Law initiated and assumed…
Cîţu: The offshore law will enter voting procedures on Wednesday, any change must be agreed by the coalition
The offshore law will be voted on Wednesday and will be submitted immediately to the Chamber of Deputies, but any…
BSOG: The new offshore law does not eliminate the additional income tax that blocked investments
The new offshore law is still insufficiently satisfactory for investors, Black Sea Oil & Gas (BSOG) officials told Energynomics. They…