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,…
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Processing
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…
OMV Petrom’s total sales of refined products fell 4% in Q1
Total sales of OMV Petrom’s refined products were 4% lower in the first quarter of this year (Q1) than in…
Dumitru Coman: Chimcomplex uses hydrogen and CO2 to generate a high value-added chemicals chain
Hydrogen is a major challenge for decarbonization. For the chemical industry, hydrogen offers the way, the transition to environmentally friendly…
Mihai Aniței: The transition to hydrogen must be taken step by step
The transition to hydrogen should be taken step by step, Mihai Aniței, president of the chemical industry producers federation Metachim…
Chimcomplex shares rise at the maximum pace allowed by the Bucharest Stock Exchange
The value of the shares in Chimcomplex Borzești has increased by 150% over the last three weeks on the Bucharest…
D. Drăgan, Ministry of Energy – We will have a national strategy for hydrogen
The Romanian authorities plan to implement a national strategy for the use of hydrogen in energy, industry and transport, as…
US will use ”all available means” to stop completion of Nord Stream 2 pipeline
US government is increasing pressure on the German government to halt the Nord Stream 2 gas pipeline, Hans Monath writes…
ANRE: Gas transmission and distribution operators will make investments of over 1.6 bln. lei in 2021
Natural gas transmission and distribution operators will make total investments of over 1.6 billion lei for 2021, according to a…