Delgaz Grid: Record investments of around 64 million lei in the gas networks in Cluj
Delgaz Grid, the natural gas and electricity distribution company within the E.ON Group in Romania, completed 15 investment projects in…
BSOG Energy and Unigrains Trading partner to build a biomethane and biofertilizer production facility in Romania
BSOG Energy, an energy company focused on developing biomethane production plants across Romania owned by Black Sea Oil & Gas,…
Laurențiu Ciurel: Gas projects are delayed, will probably be finalized only in four years, except for Iernut
The main combined cycle power plant projects, except for Iernut, but also Mintia, will be delayed, the 2026 commissioning deadline…
A turbine weighing almost 800 tonnes crosses Romania on its way to the Mintia thermal power plant
On Sunday, around 09:00, an oversized transport carrying a turbine to the Mintia power plant (Hunedoara County), which is currently…
Energy Minister asks Rompetrol for a new investment plan
Energy Minister Sebastian Burduja has asked Rompetrol to implement a comprehensive and well-structured investment plan to increase safety. The Energy…
ME: State-owned companies reform aims for savings of over 1 billion lei
The Ministry of Energy has launched a broad process of streamlining and restructuring state-owned companies in the field, targeting total…
ANRE: The average gross basic salary within ANRE is of about 23,000 lei, not 9,000 euro
The average gross basic salary within ANRE is approximately 23,000 RON, and the organizational structure of ANRE actually includes 28…
JT Grup Oil expands its capacity by acquiring the Delta Oil bunkering vessel
Following the bankruptcy of more and more Russian oil companies and in the current context of the Romanian energy market,…
OMV announces increase in hydrocarbon production in Q4- 2024
OMV AG’s hydrocarbon production and refining margin increased in the fourth quarter of 2024, compared to the previous three months,…
Rompetrol Rafinare: The market context and the general revison, major impact on results
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), recorded, in the first 9 months of 2024, a…
Rompetrol Quality Control, more than 12 mln. technical analyzes in 20 years
Rompetrol Quality Control (RQC), the laboratory division of the KMG International Group, celebrates 20 years since its establishment. Since 2004,…
Thomas Schulze (Solar Turbines): Natural gas is the solution for the energy trilemma
The world is facing an “energy trilemma” while trying to implement the energy transition to the net zero emissions target.…
Rompetrol contests at the Constitutional Court the solidarity surcharge imposed to oil companies
Rompetrol Rafinare, the operator of the Petromidia and Vega refineries, controlled by KazMunayGas, obtained from the Constanța Court of Appeal…
Dorin Junghietu: In order to be competitive, Moldovagaz will have to undergo a large transformation process
At 37 Dorin Junghietu won the competition for the selection of Moldovagaz Board of Directors representing the Ministry of Energy.…
The acquisition by Nawaf Salameh Family Office of the Octogon terminal contributes to the strengthening of Romania’s national security
The Nawaf Salameh Family Office takes a major, strategic leap forward with the acquisition of the Octogon Gas & Logistics…
Ukraine: An adviser to Zelenskiy backtracks on statements about stopping Russian oil transit
An adviser to the Ukrainian presidential administration, Mihailo Podoliak, backed off to the comments regarding the stoppage of Russian oil…
AFM will finance projects to expand and modernize natural gas networks
Projects for the expansion, conversion or modernization of natural gas transmission and distribution networks will receive financing from the Environmental…
Transgaz announces a 2.5 bigger profit for H1
SNTGN Transgaz posted a 249% bigger net profit after the first half of this year (H1), compared to the…
Rompetrol Rafinare reports a declining net result in the first half of 2024
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), recorded, in the first half of 2024, a gross…
Oil Terminal posts a net profit of 36 mln. lei, up 42% in H1
Oil Terminal recorded a net profit of 36.2 million lei in the first half of 2024 (H1), 42% higher than…
MOL Group posted a 19% increase in profit in S1, to USD 916 mln.
The MOL Group recorded, in the first half of this year (S1), a pre-tax profit of 916 million dollars, up…
JT Grup Oil debuts on the AeRO market of the Bucharest Stock Exchange
JT Grup Oil, a company active in the fuel distribution market and the developer of the newest private terminal for…