Competition: The reduction of excise duties was fully transmitted in the fuel price
Bogdan Tudorache The reduction of excise duties by 0.32 lei/ liter (including VAT), applied from January 1, 2020, for both…
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OMV Petrom
OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum
Bogdan Tudorache OMV Petrom has announced on Wednesday that it has reached an agreement for the transfer of 40 onshore…
ExxonMobil confirms may exit Romanian offshore gas project
U.S. energy major ExxonMobil confirmed late on Tuesday it is weighing an exit from a long-stalled Romanian natural gas venture…
Austria supports BRUA and Neptune Deep projects (Energynomics Magazine)
Austria would love to have a new gas supply towards Baumgarten, and it will be great if Romania would have…
Competition authorizes the acquisition of the Art Petrol stations by OMV Petrom
Competition Council authorized the transaction through which OMV Petrom Marketing takes over the fuel distribution network owned by Art Petrol…
Niculae Havrileţ, State Secretary at the Ministry of Economy; Sevil Shhaideh, released from office
Bogdan Tudorache Niculae Havrileţ was appointed State Secretary at the Ministry of Economy, Energy and Business Environment, by a decision…
Chiriţoiu: Competition will monitor the price of fuels after eliminating the overcharge
The Competition Council will monitor the fuel market, so that the elimination of the overcharge will lead to a corresponding…
Rompetrol Well – Offshore oil services in the Black Sea
This year Rompetrol Well Services (RWS) resumed and expanded the range of oil well services provided for upstream operations in…
Verchere: OMV Petrom, ready for Neptune Deep, barriers must be removed
OMV Petrom announced that it is ready to accelerate a billion-dollar injection into a giant Black Sea energy project it…
Caprau: There is no single answer to future fuels; the industry is in a dilemma regarding investments
The oil industry is in a dilemma, as there is no predictability for the fuel of the future and it…
Exxon’s Neptun Deep participation, estimated at USD 250 million
Exxon has put its 50% stake in Neptun Deep up for sale, worth an estimated USD 250 million, according to…
R. Dudău: We no longer have the luxury to postpone energy efficiency measures
Energy efficiency has become a priority globally, but also in the policies of the European Commission, which Romania has the…
Stephen Birrell is the new president of ROPEPCA – Romanian Association of Oil Exploration and Production Companies
Stephen Birrell, CEO of Fora Oil and Gas, is the new elected president of the Romanian Petroleum Exploration and Production…
Competition Council: Oil companies await OMV Petrom’s decision to change fuel prices
Oil companies are waiting for the strategic moves of the market leader, OMV Petrom, to decide how to change the…
Competition authorized the acquisition of Rohrer’s assets by the Petroleum Services Group
The Competition Council has authorized the transaction through which some assets and activities are transferred from the Rohrer Group to…
Neel: Romania has the opportunity to become the main gas producer in the EU
Bogdan Tudorache Romania has the “major opportunity” to become the largest gas producer in Europe, says Franck Neel, president of…
OMV Petrom: 2.8 billion lei worth net profit, at 9 months, one third of the contributions to the state budget
OMV Petrom announces a 13% increase in consolidated sales in the first nine months of the year compared to 2018,…
The Neptun Deep investment standstill affects OMV, but also macro indicators
OMV Petrom is expected, according to Transgaz estimates, to halve its production in the next ten years, if the Neptun…
OMV Petrom and CivicNet launch Meserii.ro, the first digital platform for vocational and technical education in Romania
OMV Petrom and the non-governmental organization CivicNet launched, on Tuesday, the digital platform Meserii.ro, which presents the interactive map of…
Petrom gets another 500,000 cm/day after a 50 million euro investment for a new gas well in Totea area
OMV Petrom has discovered new hydrocarbon resources in the Oltenia region, the company announced. “Throughout the years, the Totea deposit…
Rainer Seele, confirmed for two more years at the helm of OMV
The term of office of the current CEO and Chairman of the Executive Committee of the OMV, Rainer Seele, was…
Dafora goes back in black: Profit of 1 million euro in H1, revenues increase 17%
Bogdan Tudorache Dafora Mediaș reports going back into black, with a net result for the first six months (H1) of…