OMV Petrom invests 55 million euros more in Gorj
OMV Petrom has three major investment projects in Gorj County, with an aggregate value of approximately 365 million euros, of…
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Exploration & production
Daniel Apostol, appointed as Secretary General of ROPEPCA oil association
Daniel Apostol was named as Secretary General of Romanian Petroleum Exploration and Production Companies Association (ROPEPCA). Moreover, the association’s website…
Daniel Apostol: Investments will not continue without an attractive regulatory and fiscal framework
This is the transcript of the message delivered by Daniel Apostol, General Secretary of ROPEPCA oil association, during the Energy…
Mihail Mitroi: Gas storage should be the emergency plan of this energy strategy
This is the transcript of the message delivered by Mihail Mitroi, Vicepresident at Prospecțiuni S.A., during the Energy Strategy Summit,…
Elements of an optimal fiscal regime for Romania’s offshore sector
Policy Paper, June 2015 Context The Energy Policy Group (EPG) organized on 21 May 2015, with the support of the Romanian…
Artur Stratan: A principle delivered to the Government is tax on profits, not on investment
This is the transcript of the message delivered by Artur Stratan, Chairman of the Association of Oil Exploration and Production…
John Knapp: Without regulatory stability, Black Sea investments aren’t going to happen
This is the transcript of the message delivered by John Knapp, Managing Director at ExxonMobil in Romania and Chairman of…
Gheorghe Duțu: We work with major oil and gas operators to improve the legislative framework
This is the transcript of the message delivered by Gheorghe Duţu, President of the National Agency for Mineral Resources (NAMR),…
12 years in prison for the major shareholder of Prospecţiuni S.A.
Ovidiu Tender has been condemned by the Bucharest Court of Appeal to 12 years and seven months imprisonment for fraud,…
Rompetrol SA, member of KMG group, calls for insolvency procedure
Update: The insolvency application filed by Rompetrol SA was rejected by the Bucharest Tribunal; the decision can be challenged by…
Ministry of Finance will combine royalties with a tax on profits from Upstream
The future system of royalties in the field of hydrocarbons, which should enter into force by the end of this…
Total sees deal targets still too expensive after crude crash
Total SA Chief Financial Officer Patrick de La Chevardiere said prospective takeover targets are still too expensive after crude prices…
Lukoil maintains dividend growth even after crude’s plunge
OAO Lukoil’s board recommended a final dividend of 94 rubles a share for 2014, Russia’s second largest oil producer said…
