MetalNRG is negotiating the takeover of an oil and gas operator in Romania
British company specializing in investments in natural resources – MetalNRG PLC announced that it has entered into exclusive negotiations with…
Competition sends in public debate the acquisition of ART Petrol by Petrom
Bogdan Tudorache The Competition Council has announced that it is sending in public debate the proposals of commitments formulated by…
Renewables overtake fossil fuels in Germany’s annual power production for first time
Power production with renewable energy sources is set to overtake fossil energy sources over the course of a whole year…
The 25th Issue of Energynomics Magazine to be launched on Wednesday, at the Energynomics Awards Gala & Dinner
The 25th edition of energynomics.ro Magazine will be released on Wednesday, December 4th, within the 7th edition of the Energynomics…
Gazprom profits slump 45% on lower gas prices
Russia’s gas giant Gazprom suffered a 45 per year-on-year drop in its net profit in the third quarter of 2019…
BRUA gas pipeline, among the priority projects in the field of Energy of the Three Seas Initiative
The BRUA gas pipeline project, phases 1 and 2, and the Black Sea – Podisor transport infrastructure are priority projects…
Merkel criticises EIB decision to ban gas lending
German Chancellor Angela Merkel said she disapproves of the European Investment Bank’s decision to ban funding for natural gas projects…
Romgaz could apply for European funds through JET Fund, pursues diversification
Bogdan Tudorache The transition to a carbon-free economy was the main topic of discussions that took place on Thursday at…
Concordia Confederation calls on Prime Minister Orban to liberalize the energy market and define the vulnerable consumer
Bogdan Tudorache Concordia Confederation has today sent a letter to Prime Minister Ludovic Orban, presenting its requirements to ensure a…
Ioan Niculae puts up for grabbs almost 50 MW of gas cogeneration plants
The Energy Cogeneration Group company of the Interagro holdings owned by the businessman Ioan Niculae, which went bankrupt in September,…
Exxon’s Neptun Deep participation, estimated at USD 250 million
Exxon has put its 50% stake in Neptun Deep up for sale, worth an estimated USD 250 million, according to…
Fossil fuel production on track for double the safe climate limit
The world’s nations are on track to produce more than twice as much coal, oil and gas as can be…
Rompetrol Rafinare, increasing results in the jet fuel segment
Rompetrol Rafinare, a member company of KMG International, has continued to constantly increase its production of Jet A1 – the…
Romgaz is interested in taking over 15-20% of Neptun Deep
Adrian Volintiru, the general manager of Romgaz, said on Tuesday that the company is considering the possibility of taking over…
Stephen Birrell is the new president of ROPEPCA – Romanian Association of Oil Exploration and Production Companies
Stephen Birrell, CEO of Fora Oil and Gas, is the new elected president of the Romanian Petroleum Exploration and Production…
Competition Council: Oil companies await OMV Petrom’s decision to change fuel prices
Oil companies are waiting for the strategic moves of the market leader, OMV Petrom, to decide how to change the…
Stroe, MET: We want to invest in new gas capacity
Bogdan Tudorache MET Romania Energy, a private supplier of energy with a market share of 7-8% on the competitive market,…
Romgaz: The country’s gas consumption decreased by 5.7% in the first nine months
National gas consumption decreased by about 5.7% in the first nine months of this year, while Romgaz production was higher…
Transgaz reports a net profit of 224 mln. lei at 9 months, down 25%
The National Transgaz Mediaş National Gas Transport Company reported a net profit of 224.6 million lei in the first nine…
MOL Group completes the acquisition process of Aurora Group
The MOL Group announces that, as of October 31, 2019, it has acquired 100% of the shares of Aurora, a…
Walter Tosto Bucharest builds and exports 56 meter-long underground gas storage tanks
Walter Tosto WTB, the former Fecne plant on the IMGB platform, recently delivered to Azerbaijan 6 gas storage tanks (underground…
The price of natural gas drops below 60 lei per MWh on the spot market of the Romanian Commodities Exchange
The SPOT market of natural gas in Romania operated by the Romanian Commodities Exchange (BRM) registered, on November 07, the…
Iancu: Romgaz should take over Exxon’s participation in the Black Sea project
Romgaz should take over ExxonMobil’s participation in the Neptune Deep project in the Black Sea, in case the Americans decide…