Two new projects approved by the Kazakh-Romanian Energy Investment Fund
The Kazakh-Romanian Energy Investment Fund (FIEKR) has recently approved two new investment projects in total amount of USD 43 million…
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Transgaz teams continue to work on development projects; over 550 people work at BRUA
So far, all the development projects of Transgaz are carried out normally, announces the operator of the national natural gas…
OMV Petrom is ready to continue supply
OMV Petrom has implemented a series of measures to ensure the smooth running of the activities. Christina Verchere, CEO of…
Oil industry demands special measures from the Government to prevent fuel supply from being affected
The Federation of Oil and Gas Employers has published a message asking the Government for some derogations from the current…
General maintenance of the Petromidia refinery, programmed by Rompetrol Rafinare
Rompetrol Rafinare, a member company of the KMG International Group, will stop between March 13 and April 30, 2020 the…
EU Commission accepts commitments by Transgaz to facilitate natural gas exports from Romania
The European Commission announced it issued the Decision approving the commitments proposed by Transgaz in the AT investigation. 40335, to…
Transgaz and EBRD have signed a MoU on cooperation and investment support
Transgaz and the EBRD (European Bank for Reconstruction and Development) signed a memorandum of understanding on cooperation and support for…
Lower taxes for diesel cost Germany up to 7 bln. euro in 2019
The lower taxation of diesel fuel in Germany cost the country billions of euros in 2019, newspaper Rheinische Post reports.…
Romania is considering access to the Southern Gas Corridor
Romania is considering ensuring its access to the Southern Gas Corridor, reveals a statement from the Ministry of Economy and…
State-of-the-art LPG recovery system, implemented by Rompetrol Rafinare
Rompetrol Rafinare, member company of the KMG International Group, has successfully implemented a modern system for recovering liquefied petroleum gas…
ANRE seeks consultant to establish the rate of return for energy transportation and distribution – deadline on February 28th!
The National Energy Regulatory Authority – ANRE intends to purchase consultancy services regarding the calculation elements of the weighted average…
Competition investigates Transgaz on organizing cartel offences regarding the participation in auctions
The Competition Council is currently examining whether Transgaz had a responsibility in organizing cartels that included companies that agreed upon…
New maritime fuel with low sulfur content produced at Petrobrazi, following an investment of 3 million euro
OMV Petrom has developed, at the Petrobrazi refinery, a new maritime fuel with a low sulfur content, up to 0.5%.…
Transgaz: The national gas transport system, in pre-alert state
The national gas transmission system (SNT) was in the pre-alert state on Friday morning, according to the indicator showing the…
Industry reports and study cases on the new KELLER AG website
From February 2020, the KELLER website has got a shiny new look: fresh, user-friendly and fully accessible on the go…
Transgaz loses 435 mln. lei in operating revenues in 2020, profit decreases by 65%
Bogdan Tudorache Transgaz proposes to shareholders to approve, at the general meeting (GSM) of March 4, a budget of revenues…
OMV Petrom: net profit down by 11% in 2019, although sales increased by 13%; increased dividends
Bogdan Tudorache OMV Petrom’s revenues registered last year advanced by 13%, to about 25.5 billion lei, but the company announced…
Conpet has budgeted for 2020 revenues of 460 million lei and a profit of 55.4 million lei
Conpet Ploieşti, a national oil carrier owned by 58.7% of the Romanian state, has budgeted a net profit of 55.4…
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
The national gas and electricity transmission system operate under normal parameters
The national gas and electricity transmission system is operating under normal parameters, and Romania is not facing any particular problems…
Transgaz signed the MoU on the development of gas networks in Eastern Europe
Transgaz has signed the Memorandum of Understanding on the Partnership for the Development of Natural Gas Networks in Eastern Europe…
Transgaz: The capacity made available on all interconnection points is of 44.2 mmc daily
The firm capacity made available by Transgaz on all the interconnection points with the adjacent transport and system operators (TSOs)…
Transgaz shareholders, called for approval of the financing Development Plan for 2019-2028
The shareholders of Transgaz were summoned, on March 4, to approve the financing of the “Development Plan of the National…