Russia protests against the EU’s intention to impose a carbon tax on imported products
Moscow protested against the European Union’s intention to introduce a carbon tax levied on products imported by the EU bloc…
EBRD acquires 25% of Vestmoldtransgaz, Ungheni-Chisinau gas pipeline operator
The European Bank for Reconstruction and Development (EBRD) has acquired a 25% stake in gas transmission company Vestmoldtransgaz, which operates…
Transgaz posted an 18% increase in net profit in the first half of the year
Transgaz, the national gas carrier, registered in the first half of this year a net profit of 231 million lei,…
Delgaz Grid: Over 900 cases of fraudulent energy and gas consumption in H1
Delgaz Grid specialists identified, between January and June, 914 cases of fraudulent consumption, 458 of them being in the natural…
OMV Petrom and Auchan partnership: 400 MyAuchan stores across the Petrom network over the next five years
OMV Petrom, the largest energy company in Southeast Europe and Auchan Retail Romania, the Romanian subsidiary of Auchan Retail, one…
The role of the O&G industry in carbon capture, use and storage – White Paper Energynomics
For many years, CCUS (Carbon Capture, Utilization and Storage) technologies have focused on the mining industry and on the coal-fired…
OMV issues €1.25 bln. in bonds to finance the acquisition of the additional Borealis stake
OMV, the main shareholder of the most important Romanian oil and gas company, OMV Petrom, announced the launch of a…
Exxon Mobil has been replaced in the Dow Jones Stock Exchange by a software company
Oil giant Exxon Mobil, which has been among the top 30 companies in the Dow Jones Industrial Average since 1928,…
Rompetrol Rafinare, new type of product for the production of protective medical masks
Rompetrol Rafinare through its petrochemical division – the only polymer producer in Romania has successfully developed a new product in…
New emission test leads to higher average motor vehicle tax in Germany
The implementation of new emissions tests for cars has led to a large increase in average vehicle tax for newly…
Transgaz shareholders will approve the EBRD-Vestmoldtransgaz transaction
Transgaz (TGN) shareholders were summoned on October 5 to approve the EBRD’s entry into the Vestmoldtransgaz shareholding, according to a…
Orban: Any discussion about the level of royalties must be rational
Prime Minister Ludovic Orban said the government could not set royalties without taking into account the meaning of the world…
Daniel Apostol (FPPG): Turkey can become Romania’s partner in Black Sea gas projects
Turkey could become Romania’s partner in Black Sea gas exploitation projects, with the huge discovery of gas from Turkish waters,…
Nicolescu: Romanians could take advantage of gas discoveries in Turkey
Romanians could benefit from gas discoveries in Turkey, which will increase competition in the region and determine the construction of…
Transgaz has completed works at Bibeşti natural gas compression station
Transgaz has completed the works at the third and last natural gas compression station within the BRUA project – Phase…
Bulgartransgaz buys 20% of Gastrade, gets involved in the Alexandroupolis LNG Terminal
The Greek company Gastrade SA announces the signing of the agreement for the acquisition of 20% of its share capital…
Delgaz Grid: Investments of 5 mln. lei in gas leak detection equipment
Delgaz Grid continues to invest in modern gas leak detection technology, recently being completed the acquisition process for 8 auto…
Erdogan says Turkey has discovered 320 billion cubic meters of natural gas in the Black Sea
Turkish President Recep Tayyip Erdogan announced on Friday that the country has discovered the largest natural gas deposits in its…
EU Delegation opposes US sanctions on Russian gas pipe Nord Stream 2
An EU delegation in Washington has officially opposed the US threat of additional sanctions against the Nord Stream 2 pipeline…
Gazprom retains forecast for average gas price in EU at $133 in 2020
Gazprom still expects the average price of Russian gas in Europe this year to be around $133 per 1,000 cubic…
Turkey discovered energy resources in the Black Sea
Turkey has discovered energy resources in the Black Sea, most likely natural gas, market sources told Bloomberg on Wednesday. Turkish…
Conpet launched its first electric locomotive into operation
The first electric locomotive of the Conpet Ploieşti company was recently launched into operation at the Ramp Bărbăteşti in Gorj…
Romgaz analyzes the takeover of ELCEN CHPs
Romgaz analyzes the takeover of four thermal power plants of Electrocentrale București (ELCEN), the largest producer of thermal energy for…