Havrileț: Target for renewables proposed to EC by Romania – 30.5% for 2030, we will not give up coal
Bogdan Tudorache The target for renewables proposed by Romania to the European Commission for 2030 is of 30.5%, and gas…
Only 30% of OMV’s production comes from Petrom
The share of hydrocarbons extracted by OMV Petrom in the total production of the parent company, OMV, has halved in…
Romgaz increased its participation in Depogaz by fixed assets
Bogdan Tudorache The shareholders of Romgaz, summoned at the extraordinary general meeting (OGMS) on January 15, did not take any…
ROPEPCA: Oil companies around the world are waiting for the new round of tenders for the perimeters in Romania
Oil companies around the world are waiting for the start of the 11th Round of concessions for oil perimeters in…
Transgaz: Works at the Ungheni-Chisinau gas pipeline are on schedule
Transgaz offered assurances that the works at the Ungheni-Chisinau gas pipeline are on schedule and it will be ready in…
OMV Petrom doubled its gas sales in Q4 2019 to a record high
OMV Petrom doubled its gas sales to third parties in the last quarter of 2019 compared to the similar period…
Putin says Nord Stream 2 to be completed by early 2021
Russian President Vladimir Putin said that he hopes work on the Nord Stream 2 gas pipeline will be finished by…
Ministry of Economy and Energy calls for the replacement of Sevil Shhaideh from OMV Petrom’s board
The Ministry of Economy, Energy and Business Environment (MEEMA) has asked OMV Petrom to organize a shareholders’ meeting for the…
Transgaz: The Competition Council investigation refers to the period 2009-2011
The investigation of the Competition Council regarding the contracts concluded by Transgaz refers to the award procedures that took place…
Romgaz will take part in the second stage of the market test for the LNG terminal in Greece
Romgaz will participate in the second stage of the market test on the completion of the liquefied natural gas (LNG)…
Nicolescu: The government’s position in the Exxon case is a correct one
Bogdan Tudorache Răzvan Nicolescu considers as correct the position of the government not to allow the Exxon project company to…
Russian gas sales on Gazprom Export’s ESP hit record daily high
Russian gas sales on Gazprom Export’s Electronic Sales Platform (ESP) hit a new daily record high on Thursday, with a…
Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…
Competition: The reduction of excise duties was fully transmitted in the fuel price
Bogdan Tudorache The reduction of excise duties by 0.32 lei/ liter (including VAT), applied from January 1, 2020, for both…
China opens up oil and gas exploration, production for foreign firms
For the first time, China will this year allow foreign companies to explore for and produce oil and gas in…
The transition to green energy generates multiple opportunities
After the first historical stage of collective efforts towards decarbonization and diversification of the energy mix, Romania is one of…
Bulgartransgaz set to acquire 20% interest in Greek LNG terminal
Bulgaria’s government said on Wednesday that it has issued approval to gas transmission system operator Bulgartransgaz to acquire 20% interest…
Cîţu: We do not enjoy Exxon’s decision to leave Romania; this Government came in too late
The liberal (PNL) government came too late for ExxonMobil’s interests, which were already in the starting point, and their decision…
OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum
Bogdan Tudorache OMV Petrom has announced on Wednesday that it has reached an agreement for the transfer of 40 onshore…
Russia and Turkey officially inaugurate TurkStream
President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan met in Istanbul to inaugurate TurkStream pipeline in a ceremony…
ExxonMobil confirms may exit Romanian offshore gas project
U.S. energy major ExxonMobil confirmed late on Tuesday it is weighing an exit from a long-stalled Romanian natural gas venture…
Minister of Energy: I recommend Exxon that the license transfer be made by Government decision
The transfer of the license that ExxonMobil holds for the Neptun Deep perimeter of the Black Sea should be made…
ExxonMobil negotiates with Lukoil and PGNiG to sell the stake in the Neptun Deep perimeter
ExxonMobil officials are negotiating with the Russians from Lukoil and the Polish company PGNiG to sell the 50% stake in…