TurkishStream pipeline nearly complete: Gazprom
The TurkStream pipeline, due to supply Russian gas to Turkey via the Black Sea from next year, is already 80…
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Transgaz might receive additional European funds to increase interconnection capacity with the Republic of Moldova
Transgaz could receive € 46 million in non-reimbursable European funds to increase the capacity of the pipeline to transport gas…
OMV Petrom started production from the first multilateral well drilled in Romania
OMV Petrom announced it has started production from a new offshore well LVO7, drilled in the Lebada Vest field. According…
Kraft (ROPEPCA): Romania should encourage investment in the manufacturing industry in order to use its natural gas
The best solution for the using domestic natural gas at home would be for the Government to motivate the industry…
ALDE wants to change offshore law through an emergency procedure
The Alliance of Liberals and Democrats Party – ALDE spokesman Varujan Vosganian said that there are issues ALDE wanted to…
MPs sent the gas companies back to the drawing board. Will they be back?
The Chamber of Deputies, in extraordinary session, passed by final vote the draft Law on some measures necessary for the…
New delays threaten investments estimated at USD 22.3 billion
Offshore Law approaches adoption in Parliament. Streamlining the clearance process for the energy projects at the Black Sea would blaze…
Economy minister: BRUA will ensure Romania’s access to at least two more gas sources
The BRUA project will ensure Romania’s access to at least three gas sources and will connect our region to the…
Hajdinjak: Black Sea gas will ensure Romania’s energy security
The gas to be extracted from the Black Sea will be more expensive, but will strengthen the country’s energy security…
Deloitte expects investments of $ 22.5 billion in the Black Sea oil industry by 2040
Investments in the Black Sea oil and gas sector will generate revenues of over 26 billion USD to the state…
Iulian Clişeru temporarily takes the chairman position in ACROPO after Iulian Offenberg’s revocation
Prime Minister Viorica Dăncilă has decided to revoke Iulian Offenberg from the position of Chairman of the Competent Authority for…
Black Sea gas and international expansion are the answers for the future of OMV Petrom
Over the past 12 years, the company has invested over 13 billion euros, said Mariana Gheorghe, CEO of OMV Petrom,…
Romania and Hungary have agreed on natural gas deliveries
Romania will set the technical conditions for the gas exports to Hungary by 2020, according to the agreement signed Monday…
Positive developments in the legislation rise hopes for the offshore sector
This October, Bucharest hosted the 5th edition of the Black Sea Oil & Gas conference, organize by GBC. There were…
