Dan Drăgan: Prices were kept at a sustainable level for domestic and industrial consumers
The measures that were implemented by Ministry of Energy, during 2022 showed their effects, and prices were kept at a…
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Rompetrol Rafinare turns to profit, following a 42% increase in turnover
Rompetrol Rafinare, member company of the KMG International Group, recorded, in 2022, an improvement in financial indicators, as a result…
OMV Petrom announces a 20MW green hydrogen project, own solar projects of 90MW
OMV Petrom will invest in a 20MW-green hydrogen project and in new photovoltaic projects totaling around 90MW. Also, the company…
Deloitte: Romgaz – Exxon deal, the most important of 2022
Romania’s mergers and acquisitions (M&A) market reached a record in 2022 in terms of value and number of deals, according…
Bege: I am skeptical that Romania will have offshore wind by 2030
I am skeptical that Romania will have wind energy production capacities in the Black Sea, until 2030, although I do…
EPG: Romania needs 15 GW of offshore wind power, it must partner with Bulgaria
Offshore wind power has a major role to play in Europe’s goals to reduce dependence on fossil fuel imports and…
Any dream will do – Jozsef Balogh on the Azerbaijan, Georgia, Romania, Hungary Dream-cable
Motto “A dream you dream alone is only a dream. A dream you dream together is reality.” John Lennon …
Submarine cable: Ursula von der Leyen, present at Cotroceni for the signing of the Partnership
President of the European Commission, Ursula von der Leyen, will be present, on Saturday, at the Cotroceni Palace, at the…
HE Gabriel Șopandă: Let’s increase energy production to give a boost to economic activities
The energy companies in Romania and Hungary should look for closer collaboration solutions, especially in light of the new geopolitical…
Hungary badly needs Black Sea gas, but Romania needs to clarify its offshore legislation
Hungary is in great need of gas from the Neptune perimeter in the Black Sea, due to its massive dependence…
Kyuchyuk: Europe has proven that it can do very well without Russian gas
Europe has proven that it can manage without Russian gas and can come out of this crisis in a very…
Wpd Offshore, with presence in Romania, has become Skyborn Renewables
Global Infrastructure Partners (GIP) has closed the acquisition of Wpd’s offshore wind business and rebranded it as Skyborn Renewables. GIP…
Dărăban: Romania has a credibility issue that it will be hard to change
Romania has a very serious problem of credibility for large investors, which it will be hard to change, due to…
Engie: The vast majority of gas purchased from the Black Sea will be supplied to Romanian consumers
The vast majority of gas purchased from the Black Sea will be supplied to Romanian consumers and only the surplus…
Romania and Bulgaria should cooperate on power, gas and offshore wind projects
Romania and Bulgaria should cooperate in finding alternative suppliers of oil and gas in the context of war and Russia…
BSOG analyzes the possibility of building an offshore wind farm at the Black Sea
Black Sea Oil and Gas is analyzing the possibility of building an offshore wind farm at the Black Sea, Mark…
Verchere: We need stability in the Offshore Law to extract gas from the Black Sea
OMV Petrom needs clarifications related to stability regarding the provisions of the Offshore Law, in order to start gas extraction…
Refineries in Romania have found alternative sources to Russian crude oil
Refineries in Romania have found alternative crude oil to the Russian one, considering that in December the embargo on petroleum…
Gas imports fell by 17.1% in the first 6 months of 2022; production decreased by 5.5%
Romania imported, in the first semester of 2022, a quantity of usable natural gas of 1.067 million tons of oil…
Romgaz has completed the process of acquiring Exxon’s stake in Neptun Deep
On Monday, Romgaz completed the acquisition of Exxon’s stake in the Neptun Deep project in the Black Sea, according to…
Greenpeace asks Gov’t to expedite the transition, protests in front of the Russian oil tanker VF Tanker 2
Greenpeace Romania activists in kayaks protest in front of the Russian oil tanker VF Tanker 2, which is currently off…
OMV Petrom will make the decision to invest in the Neptun Deep project only in a year
The final decision on the investment in the Neptun Deep project in the Black Sea could be made in mid-2023,…
Gas imports decreased by 14%, production by 5.6%, between January and May
Romania imported, in the first five months of 2022, a quantity of usable natural gas of 930,500 tons of oil…