It’s official: JT Grup Oil’s IPO attracted 23 mln. lei in the first subscription days
During the first five days at 16% discount, the IPO of JT Grup Oil, the developer of the most modern…
The primary offer of JT Grup Oil, subscribed in a one third ratio
The market operation initiated by JT Grup Oil collected subscriptions worth 23 million lei until the last day when it…
Transgaz builds the supply pipeline of the Mintia plant, an investment of 60 mln. euro
The Minister of Energy, Sebastian Burduja and the General Director of Transgaz, Ion Sterian, signed a financing contract for the…
OMV Petrom completes the acquisition of Renovatio Asset Management
OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner…
OPEC extends the period of oil production reduction until 2025
OPEC+ agreed on Sunday to extend most of the big oil output cuts to 2024 but begin phasing them out…
Budget of 362 mln. euro for gas production of energy in the thermal sector
The guide related to the state aid scheme which finances with almost 362 million euros the development of gas production…
Impact of NZIA on the Romanian oil and gas industry: Market interventions and CO2 injection obligations
The Oil and Gas Employers’ Federation (FPPG) notes the adoption, this week, of the Net Zero Industry Act (NZIA) by…
Romgaz will launch a first issue of international bonds, worth 500 mln. euro, in July
Romgaz’s first international bond issue, worth 500 million euro, is scheduled for mid-July, said the company’s general manager, Răzvan Popescu.…
Rompetrol Rafinare invests 16 mln. USD in new reactors for Petromidia refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), introduced two modern reactors into the operational flow of…
Dărăban: There are problems in the settlement from the Transition Fund
We have a problem in the way the financial sources are secured at the Transitional Fund from which the payments…
IFC appoints Ines Rocha as new regional director for Europe
IFC has appointed Ines Rocha as Regional Director for Europe. Based in Vienna, she will play a key role in…
Szijjarto: Hungary and Bulgaria collaborate in the fields of natural gas and nuclear energy
Hungary and Bulgaria have a close alliance regarding the security of natural gas supply and the use of nuclear energy,…
Maximescu: Neptun Deep is waiting for the environmental impact assessment and construction authorization
The Neptun Deep project is in the stage of obtaining the environmental impact assessment and we hope that, by the…
Faist Mekatronic plans to build a green aluminium smelter
Faist Mekatronic plans to build a smelter for green aluminium, but its price, being 1 euro per kilogram higher than…
Bulgartransgaz picks two consortia for Vertical Gas Corridor expansion
Bulgarian state-owned gas transmission operator Bulgartransgaz said that it selected two consortia in a 586.7 million levs ($325.3 million/300 million…
Gazprom will not pay dividends, last year it recorded its first losses since 1999
The Moscow Government has instructed Gazprom not to pay dividends for 2023, according to a decree published on the state…
Energy strategy up for public debate and adopted by end-June
The National Energy Strategy will be put up for public debate in two weeks, to be approved by Government Decision…
OMV Petrom: Investment of 23 mln. euro in the largest crude oil storage tank in Romania
OMV Petrom put into operation the largest crude oil tank in Romania, on the platform of the Petrobrazi refinery. The…
Burduja: New contracts and calls through the Modernization Fund, storage gets top priority
The Ministry of Energy is preparing the launch of the call for the cogeneration of electricity and heat (CHP) from…
INS: Romania’s crude oil production fell by 3.4% in Q1
Romania produced, in the first quarter of 2024, a quantity of crude oil of 682,400 tonnes of oil equivalent (toe),…
F. Neel: Black Sea gas has the lowest carbon intensity in the world
The Neptun Deep project in the Black Sea is unique in the world and highly beneficial for the countries in…
Romgaz opened a new branch in the Republic of Moldova, specialized in gas supply
Romgaz opened a new branch in Chisinau on Thursday, specialized in gas supply. “By Decision no. 32/2024, the Board of…
Delgaz Grid announces investments of 154 mln. euro in 2024, after last year’s record figure of 177 mln. euro
Delgaz Grid, part of the E.ON Romania group, last year made the largest investments in the last 18 years in…