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…
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OMV Petrom
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…
ANRE fined companies with 12 million lei in 2018
The National Energy Regulatory Authority (ANRE) has imposed, in 2018, fines of 4 million lei to the operators in the…
OMV Petrom moves to complete digitalization of fuel contracts with legal entities
OMV Petrom has implemented the electronic signature for fuel contracts for legal clients. Thus, about 32,000 kilograms of wood and…
Onshore profile of the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!
In partnership with Global Data, Globuc – the organizers of the Black Sea Oil and Gas Conference (October 23-24, Bucharest)…
Johann Pleininger replaces Christopher Veit in SB of OMV Petrom
Bogdan Tudorache OMV Petrom announces the appointment of Johann Pleininger as interim member of the Supervisory Board of OMV Petrom,…
The government wants to collect an additional 264 million lei from the surcharge of Romgaz and OMV Petrom
The government estimates that it will collect more than 264 million lei in addition to the initial budgetary provisions from…
Oil royalties increased by about 4%, as a result of a new methodology
The oil royalties paid by OMV Petrom increased by about 4% as a result of a new methodology published in…
Petrom has stored three times as much gas as last year
OMV Petrom had stored at the end of the second quarter of this 3.4 billion TWh of gas, three times…
Verchere: We need legislative stability for the Neptun Deep project
OMV Petrom continues to be extremely committed to the Neptun Deep project, but it needs clarity and legislative stability “as…
OMV Petrom posted a net profit growth of 53% in H1
OMV Petrom posted a net profit increase of 53% after the first half of this year (H1), the net result…
OMV Petrom, Renault and Continental, among the best employers in Romania
Groupe Renault Romania, OMV Petrom and Continental are the best employers in the Romanian economy, according to the “100 Best…
While Exxon threatens to leave, the Energy Ministry announces that it has issued its drilling license for Tuzla
Bogdan Tudorache While Exxon threatens to sell its Romanian stake in Neptun Deep, the Energy Ministry has announced it has…
ExxonMobil has informed the Government that it wants a new partner in the Black Sea gas project
ExxonMobil, the company exploring the deep Neptune perimeter of the Black Sea alongside OMV Petrom, informed the government representatives late…
Oil royalties may increase, Competition urges oil companies to come up with property papers and pay rent to the state
Bogdan Tudorache The Competition Authority considers that the increase in the oil royalties level will intensify the competitive pressure in…