Midia Marine Terminal – over 700 vessels operated at the offshore terminal in 15 years
Midia Marine Terminal (MMT), a member company of the KMG International Group (Rompetrol), exceeded the threshold of 700 vessels operated…
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Romania, Bulgaria and Greece signed a joint declaration for regional energy projects
Romania signed, along with Bulgaria and Greece, a joint declaration for regional energy projects, with investments in offshore wind power…
EU: Record of wind farms in 2023, but the potential is much greater
The member countries of the European Union built new wind farms with a record capacity of 17GW in 2023, more…
Niculescu: Romania, the first country bordering the Black Sea with offshore wind legislation
Romania aims to become the first country bordering the Black Sea to have legislation in the offshore wind sector, said…
US Ambassador: Romania will play a vital role in strengthening energy security in the region
Romania will play a vital role in consolidating energy security and diversifying supply sources in the region by developing offshore…
Midia Marine Terminal has successfully completed works on the offshore terminal
Midia Marine Terminal (MMT), member company of the KMG International Group, has successfully completed the turnaround of the offshore marine…
Part of the taxes owed by the holders of oil agreements to finance investments and restructuring activities
Part of the sums owed by the holders of oil agreements related to deep offshore and onshore perimeters as a…
Rompetrol Rafinare invests 40 mln. USD in storage capacities
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated this year an extensive program of maintenance, rehabilitation…
Ovidiu Trofin, Renomia: There are insurance solutions for renewable projects, including in case of war
Renomia Gallagher provides insurance solutions for renewable projects in all phases of project development, including war insurance, said Ovidiu Trofin,…
Green NGOs are calling for new protection regulations in offshore oil operations
Environmental organizations Greenpeace, Bankwatch, 2Celsius, WWF and Declic have sent an open letter to members of Parliament regarding the offshore…
Radu Dudău: We hope for a positive result of the strategic project of the Black Sea gas
Romania’s Parliament is finally moving at a record speed on the Black Sea gas strategic project and we hope for…
Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…
Dr Gabriela Dan Unterseh joins wpd offshore Romania as Head of Project Development Wind Offshore
wpd has been active in Romania since 2009 and, in addition to the two offshore projects, has further projects for…
Serinus Energy: The tax regime discourages investment in the oil and gas industry
Romania needs all the natural gas it can reach. It is not a question of better budgets, anymore, neither it…
Renewable energy investors may also be forced to build storage capacity
New investors in the renewable energy sector could be forced to invest in storage capacity, and ANRE will conduct, with…
CEEP invites you to the 5th Central European Day of Energy
Central Europe Energy Partners (CEEP) in co-operation with the European Commission (DG Energy) have already organised four editions of the…
Virgil Popescu: Transformation of the energy system must be done with clean technologies
Romania needs investments to transform the energy system, which must be done with clean technologies, based on competitive mechanisms, said…
RWEA: Offshore wind energy needs an ambitious and pragmatic development framework
Wind energy, both onshore and offshore, is one of the foundations on which Europe and its Member States will implement…
Exxon plans for new offshore gas in Australia at the beginning of 2021
Exxon looks to push forward with production of offshore gas in Australia, in 2021. The West Barracouta project, located in…
Trump and Iohannis review Black Sea gas, nuclear energy stressed as of major importance for US
US Administration issued a joint statement of the president of the United States, Donald Trump and president of Romania, Klaus…
Exxon eyes UK North Sea exit after 50-year presence
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and…
Development of offshore deposits in the Black Sea, necessary to avoid increasing dependence on gas imports
The development of offshore deposits discovered in the Black Sea is necessary to avoid the significant increase of dependence on…
OMV Petrom invests another 30 mln. euro in offshore drilling in the Black Sea
OMV Petrom has launched a new offshore drilling campaign in shallow waters in the Istria region of the Black Sea.…