OMV Petrom – net profit up 103% at nine months
OMV Petrom Group reported in the first nine months a net profit of 1.68 billion lei, 103% higher than in…
Acasă » Oil&Gas » Processing »
Processing
Putin orders more gas for Europe for next month, sending down price
President Vladimir Putin ordered Gazprom PJSC to start refilling its European gas-storage facilities next month, sending prices lower as long-awaited…
Fossil energy producers will no longer be overtaxed
The dismissed Minister of Energy, Virgil Popescu, said that he proposed the exemption from overtaxation of energy producers whose source…
C. Athanasovici, Kawasaki: In the medium term, the energy mix will be based on gas, in addition to renewables
Kawasaki, a global manufacturer of energy equipment, is present in Europe mainly through the division that produces gas turbines and…
ClientEarth warns EU not to include natural gas in list of “green” investments
ClientEarth has warned the European Union that it will violate its own legislation if investments in energy produced from natural…
Not enough natural gas in the Republic of Moldova
The main supplier of natural gas in the Republic of Moldova, Moldovagaz, asked its large consumers to reduce their consumption…
Natural gas remains an essential natural resource
The postponement of the decisions regarding the realization of the large cogeneration projects submitted for financing through the Large Infrastructure…
Ilie Tutunaru, Moldovagaz: The gas market in the Republic of Moldova is liberalized
In the last year, the regulatory framework in the field of gas has changed significantly in the Republic of Moldova,…
Ion Sterian, Transgaz: Onești-Gherăești-Lescani gas pipeline has been completed
Transgaz’s investment program in the Republic of Moldova has been completed, “as we promised,” said Ion Sterian, CEO of Transgaz,…
Repair works at Petromidia Năvodari refinery, near completion
Rompetrol Rafinare, member company of the KMG International Group, has completed most of the turnaround of the production units on…
Gazprom says it is ready to increase gas supplies to Europe
Gazprom is ready to increase gas supplies to Europe amid rising prices, Russia’s Interfax news agency reported, citing Kremlin’s spokesman…
UK could deploy army to deliver fuel as drivers panic buy gasoline
Britain could bring in the army to deliver gasoline after a weekend of panic buying left gas stations around the…
Lukoil: The fire at the Petrotel refinery did not present any risks
The fire at the Petrotel Ploieşti refinery did not present any risk for the employees and for the inhabitants around…
Kremlin claims that the launch of Nord Stream 2 will help calm down the price of gas in Europe
A quick launch of the Nord Stream 2 pipeline could help calm gas prices in Europe, Kremlin spokesman Dmitry Peskov…
Germany has four months to authorize the Nord Stream 2 pipeline
Germany’s energy regulator (Bundesnetzagentur) announced on Monday that it has four months to complete the authorization process for the Nord…
Digital transformation, a new stage of the oil and natural gas sector in Romania
In the age of digital technology, rapid access to applications and big data sets becomes the “fuel” for the development…
Gal, ANRM: The process of entering the development and exploitation phase of the Black Sea gas must be accelerated
The process of entering the development and exploitation phase of the Black Sea gas must be accelerated, because after 2030…
OMV Petrom’s capitalization has increased more than 15 times in the last 20 years
OMV Petrom (SNP), the largest integrated energy company in South-Eastern Europe, has managed to increase its market value more than…
FP: Net profit of 1.8 bln. lei in H1, mainly due to OMV Petrom and Hidroelectrica
Fondul Proprietatea achieved a net profit of 1.8 billion lei in the first half of 2021 (H1), compared to a…
Hungary and Russia – new long-term gas supply agreement
Hungary has negotiated with Russia all the terms of a new long-term gas supply agreement, which will enter into force…
EBRD becomes a shareholder in Vestmoldtransgaz, with an investment of 20 million euros
The European Bank for Reconstruction and Development (EBRD) became, starting with 25.08.2021, associated with a 25% participation in the natural…
MOL announces rising profit, sales in Romania advance by 3-4%
Bogdan Tudorache The MOL Group announced a $664 million CCS EBITDA operating result for Q1 2021, 7% more than the…
No progress in the Nord Stream 2 negotiations
US Secretary of State Antony Blinken and German Foreign Minister Heiko Maas failed to make any progress in negotiations over…