Exports of U.S. oil,gas and coal have doubled in the last three years
US exports of petroleum and petroleum derivatives, natural gas and coal have doubled in the last three years, reaching 110.2…
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Romania may use its relationship with Poland for the regional integration of its gas market
###author### Romania has the benefit of having a balanced energy mix, and the perspectives for development of an enlarged pool…
OMV Petrom to turn into oil storage facilities a part of Arpechim storage installations
OMV Petrom CEO Mariana Gheorghe said the company will transform a part of Arpechim Pitesti refinery in an oil deposit.…
OMV Petrom’s First-Semester Net Income Increases 18 Percent; Sales fall 5 Percent
OMV Petrom SA, Romania’s biggest oil company, said its first-semester profit rose 18 percent because of stable production. Net income…
Over 4 million RON loss for Oil Terminal in the first semester
The state-own company Oil Terminal Constanța ended first semester with a turnover of RON 48.9 mln, down 7,2% compared with…
Work in Progress for TAP and the Shah Deniz Consortium
Trans Adriatic Pipeline (TAP) has submitted its Environmental and Social Impact Assessment (ESIA) to the Ministry of Energy, Environment and…
Rompetrol Rafinare invested USD 53 million in revamping a new coker unit from Petromidia
Rompetrol Rafinare, a member company of The Rompetrol Group, has completed the revamp of the coker unit within Petromidia Refinery,…
Gazprom and SOCAR to dominate the Greek gas market for the next decades
Gazprom and SOCAR will be, at least for some decades form now, the two companies to dominate Greece’s natural gas…
Conpet profit rose by 25.7% in the first semester, reaching 5.8 million euro
Conpet Ploiești reported for the first semester a net profit of 5.8 million euros (25.76 million lei), up by 25.7%…
More than just a news site: the chance of a community
No shortage of news these days. Leaving apart politics, sports, and showbiz, we still have dozens of economic news each…
Energetic Resources – Blessing and Burden for the EU-Russia Relationship
The biggest hydrocarbons and hydrocarbons-based products suppliers for EU are the companies from Russia, Azerbaijan, Kazakhstan and Turkmenistan. This sheds…
Gerhard Roiss: Remember our core business – to search for oil and gas
author: Angelika Kramer OMV boss Gerhard Roiss increasingly turns to the Oil&Gas exploration. For electricity generation and gas stations there…