Petrobrazi Refinery: Investments of over 2 bln. euro by 2030
The Petrobrazi refinery is celebrating its 90th anniversary, OMV Petrom announced. Petrobrazi will continue to play an essential role for…
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OMV Petrom injects 750 mln. euro in Petrobrazi’s sustainable fuels production
OMV Petrom, the largest integrated energy producer in Southeast Europe, will invest around 750 million euros in Petrobrazi to transform…
JT Grup Oil gets 20 mln. lei through its IPO
JT Grup Oil, a company active in the fuel distribution market and the sole shareholder of JT Terminal, the newest…
Transgaz builds the supply pipeline of the Mintia plant, an investment of 60 mln. euro
The Minister of Energy, Sebastian Burduja and the General Director of Transgaz, Ion Sterian, signed a financing contract for the…
IFC appoints Ines Rocha as new regional director for Europe
IFC has appointed Ines Rocha as Regional Director for Europe. Based in Vienna, she will play a key role in…
Szijjarto: Hungary and Bulgaria collaborate in the fields of natural gas and nuclear energy
Hungary and Bulgaria have a close alliance regarding the security of natural gas supply and the use of nuclear energy,…
Bulgartransgaz picks two consortia for Vertical Gas Corridor expansion
Bulgarian state-owned gas transmission operator Bulgartransgaz said that it selected two consortia in a 586.7 million levs ($325.3 million/300 million…
Energy strategy up for public debate and adopted by end-June
The National Energy Strategy will be put up for public debate in two weeks, to be approved by Government Decision…
OMV Petrom: Investment of 23 mln. euro in the largest crude oil storage tank in Romania
OMV Petrom put into operation the largest crude oil tank in Romania, on the platform of the Petrobrazi refinery. The…
Burduja: New contracts and calls through the Modernization Fund, storage gets top priority
The Ministry of Energy is preparing the launch of the call for the cogeneration of electricity and heat (CHP) from…
Rompetrol Rafinare completed the turnaround of the Petromidia refinery
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the processes of restarting the production facilities at…
Two Chinese firms to invest 2.7 bln euro in Serbia’s energy sector
Serbia’s government said on Thursday that it signed two agreements with Chinese companies that will enable new investments in the…
OMV Petrom publishes the Sustainability Report – 1GW green projects planned
OMV Petrom, the largest integrated energy producer in Southeast Europe, has published its Sustainability Report for 2023. It provides an…
Sterian: Romanian companies should contract more external works
Romanian companies should contract more works outside the country, “because many opportunities have started to appear, for example in Africa,”…
Green hydrogen is a premium product, impossible to use on a large scale in the gas grid in 2026
Hydrogen from renewable energy is a premium and expensive product, which makes it impossible to switch from gas to hydrogen…
Ioan Iordache: There is a lack of specialists for the hydrogen industry all over Europe
The development of the industrial sector is directly dependent on access to energy sources, and the main problem in creating…
Fuel suppliers to face fines from 2025 if they do not integrate non-biological renewables fuels
Fuel suppliers in Romania will have to ensure from April 2025 that at least 0.5% of fuels supplied for consumption…
Romanian researchers have created hydrogen-powered drones
A research institute in Romania has created a prototype car whose engine is powered by hydrogen, as well as a…
New Euro 7 emissions rules come into force from 2026
The new Euro 7 emissions rules are due to be published this week in the European Gazette and will come…
The war in Ukraine was a shock and an opportunity for Oil Terminal
The war in Ukraine was a shock, but also an opportunity for the operator of the national crude oil and…
A consortium of Romanian and Ukrainian companies are developing a project for producing hydrogen in Ukraine
A consortium of Romanian and Ukrainian companies are developing a project for producing hydrogen in Ukraine and transporting it via…
Ciga Energy Epic and RomCapital Invest to provide consultancy for a 295 MW natural gas power plant in Craiova
Ciga Energy Epic, a member of the RCI Holding of companies, signed a contract with Electrocentrale Craiova S.A to provide…
V. Ceban (Moldovagaz): Gas demand recovery can only come from the thermal power plants
The consumption of natural gas in the Republic of Moldova decreased last year by 20% due to very high prices…