Washington threatens entities involved in the Nord Stream 2 pipeline with sanctions
US Secretary of State Antony Blinken on Thursday called on “all entities involved” in the controversial project of the Nord…
Răzvan Nicolescu, proposed by the Romanian state for the Supervisory Board of OMV Petrom
The Romanian state, through the Ministry of Energy, proposed Răzvan Nicolescu to be part of the Supervisory Board of OMV…
New MOL investment: Danube Refinery has started the production of biofuels
Based on several years of research and development, MOL has taken a step forward in the value chain and has…
Petru Rușeț, Siemens: We can cover the transition to hydrogen at any time
The discussion about taxonomy is extremely important. There are intense negotiations that have been going on for months in Brussels,…
Energy minister: The government can unilaterally denounce oil agreements
Government can unilaterally denounce the oil agreements, for reasons of national security, after the Parliament approved an emergency ordinance in…
Gabriela Dan-Unterseth is the new President of the Authority for Regulating the Offshore Oil Operations at the Black Sea – ACROPO
Gabriela Dan-Unterseth was appointed in the position of president, with the rank of state secretary, of the Black Sea Offshore…
Brent crude breaks $70 after Saudi Arabia’s oil facilities attacked
International benchmark Brent crude futures popped on Monday, moving above $70 a barrel for the first time in more than…
Athens and Cairo mull changing the route of EastMed pipeline
Greece and Egypt are discussing the possibility of changing the route of EastMed gas pipeline in order to tackle the…
Auto industry opposes possible EU ban on internal combustion engine as of 2025
European Commission’s proposed Euro 7 emission rules on cars, vans, trucks and buses would amount to “a ban through the…
Otilia Nuțu, EFOR: Nord Stream 2 will divide Europe
The Nord Stream 2 project does not bring a new source to the European energy market and does not have…
AFEER is also officially representing suppliers of natural gas
The Association of Electricity Suppliers in Romania – AFEER has received the approval of the Romanian courts to change the…
Global gas firms target industrial clusters for first hydrogen clients
Gas companies in Europe and America are looking at using the existing gas network to serve industrial “clusters” of hydrogen…
Alina Popa, OMV Petrom: Amendments to the Offshore Law should follow three important directions
OMV Petrom’s CFO, Alina Popa, considers that the amendments to the Offshore Law should follow three important directions. “The first…
Contracting companies are leaving Nord Stream 2 for fear of US sanctions
About 18 companies, including oil services company Baker Hughes Co and insurance group AXA Group, have recently stopped working on…
Romgaz’s net profit rose 15% in 2020, despite declining gas sales
Romgaz obtained a net profit of 1.25 billion lei last year, up 15.14% compared to 2019, but the company’s turnover…
Sensors for turning a classic engine into a smart one
ABB has a history of more than 90 years in Romania – “We are part of the digital transformation race…
Minister of Energy: Romgaz will submit an offer in the next two months for Exxon’s participation in the Neptune project
Romgaz will submit an offer to take over Exxon’s participation in the Black Sea deep gas project in the next…
C. Prună: Black Sea gas gains must be fair to both the state and investors
The gains from the exploitation of Black Sea gas must be fair, both for the Romanian state and for investors,…
Camelia Ene: MOL Group will invest USD 1 bln. over the next five years
Bogdan Tudorache The MOL Group will invest USD 1 billion over the next five years as a result of a…
Restart Energy is investing USD 30 mln. in a 45 MW solar project in Sălaj County
Restart Energy, one of the largest independent suppliers of electricity and natural gas on the local market, intends to invest…
OMV Petrom: Investment of 1.5 mln. euro in Petrobrazi to increase the efficiency of the lighting system
Bogdan Tudorache OMV Petrom has invested 1.5 million euro in the Petrobrazi refinery to streamline the lighting system of the…
V. Popescu: Iernut project was a total failure, but the plant must be completed this year
The project of the power plant that Romgaz is building in Iernut was a total failure, as the works were…
Oana Bucur, FPPG: Romanian O&G industry needs the declassification of data to adopt new technologies
Romanian Oil&Gas industry needs the declassification of data in order to adopt new technologies, said Oana Bucur, Leader of the…