Dacian Cioloș tasked with forming new Romanian government; energy is among top priorities
President Klaus Iohannis appointed the former European Commissioner Dacian Cioloș, president of USR, to try and lead a new executive.…
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PwC: Black Sea Natural Gas – Investments need to be made now
The subject of natural gas reserves in the Black Sea has been intensely debated in public space over time. The…
Gabriela Dan (ACROPO): Cooperation is key to the safety of offshore operations
The Black Sea remains the most important promise for the Romanian energy industry, both because of the available hydrocarbon resources…
Verchere: Neptune Deep, 4 years late; we hope that other projects will not suffer in the same way
The Black Sea gas extraction project, Neptun Deep, is four years late, and the Romanian authorities should amend the legislation…
Nagy-Bege: We don’t have the luxury to postpone investments in Black Sea
Black Sea gas production must start in two to three years, otherwise it will be too late and we will…
C. Prună: Romania has a major offshore wind potential, we need a legal frame
Bogdan Tudorache Romania can become an important producer of offshore wind energy, if it takes steps towards defining a clear…
ANRM: Romania’s interest is for investments in Black Sea gas to start in 2022
Romania’s interest is for the investment in the Neptune Deep perimeter in the Black Sea to start in 2022, otherwise…
Christina Verchere: OMV Petrom is part of the solution for the energy transition
The energy sector went through its hardest year, but managed to resist, said Christina Verchere, CEO OMV Petrom, at the…
Bogdan Badea, Hidroelectrica: We will be part of the offshore wind project on the Black Sea
2020 was a challenging year for Hidroelectrica, one of the companies responsible for ensuring energy security in Romania, said Bogdan…
Badea, Hidroelectrica: We look with great interest at what is happening with offshore legislation; we want to invest in wind energy
Hidroelectrica looks with great interest at what is happening with offshore legislation, which is an area of great interest to…
C. Prună: Black Sea gas gains must be fair to both the state and investors
The gains from the exploitation of Black Sea gas must be fair, both for the Romanian state and for investors,…
Giles Dickson, Wind Europe: Romania does not have a tender mechanism for new wind farms
Romania has potential on the wind energy side, but it does not have any tender mechanism for new wind farms,…
Virgil Popescu and Hungarian Foreign Minister discuss Black Sea gas and BRUA pipeline
The Minister of Energy, Virgil Popescu, had a working meeting on Thursday with the Minister of Foreign Affairs and Foreign…
Turkish state oil company is looking for partners for a natural gas project in the Black Sea
Turkey’s national oil and gas company is looking into partnerships and plans to raise funding this year to carry out…
C. Verchere: Black Sea gas waits to be exploited; fuel demand has fallen sharply
The year 2021 is a critical one for the Black Sea gas, given that the deposits there are ready to…
OMV Petrom sells production assets in Kazakhstan, will focus on the Black Sea region
OMV Petrom has signed the transaction for the sale of 100% of its stake in Kom-Munai (KOM) and Tasbulat Oil…
Gal, ANRM: Investment needed in Black Sea gas projects, worth USD 6-7 bln
The Black Sea may become a small North Sea, as there are more than 200 billion cubic meters of gas…
Orban: We will find the best solution to make the investment from the Black Sea
Prime Minister Ludovic Orban told Austrian investors that they could rely on a partnership with the Romanian government to develop…
Energy Minister: We are glad that Turkey and Bulgaria have found gas in the Black Sea
The global energy sector will turn its attention to the Black Sea, with the recent gas discoveries of Turkey and…
Daniel Apostol (FPPG): Turkey can become Romania’s partner in Black Sea gas projects
Turkey could become Romania’s partner in Black Sea gas exploitation projects, with the huge discovery of gas from Turkish waters,…
Nicolescu: Romanians could take advantage of gas discoveries in Turkey
Romanians could benefit from gas discoveries in Turkey, which will increase competition in the region and determine the construction of…
Turkey discovered energy resources in the Black Sea
Turkey has discovered energy resources in the Black Sea, most likely natural gas, market sources told Bloomberg on Wednesday. Turkish…
Popescu: For the moment we do not have a political consensus in the Parliament to amend the Offshore Law
Parliamentary political parties haven’t so far reach to a consensus to amend the Offshore Law and for Black Sea investors…