Ministry of Finance will combine royalties with a tax on profits from Upstream
The future system of royalties in the field of hydrocarbons, which should enter into force by the end of this…
Wintershall’s Chairman will become CEO of OMV
Rainer Seele, chairman of the board from 2009 at Wintershall, the largest oil and gas producer in Germany, will take…
Petrofac dropped the contract with OMV Petrom
Oil services company Petrofac waived the contract with OMV Petrom concluded in 2010, which aimed to exploit the deposits in…
Norges Bank could invest more in Romanian energy shares
Norway’s private investment fund manager, the largest sovereign wealth fund in the world, with 890 billion worth of assets, will…
Vestas revenues in Romania exceed the 200 million euro mark
Vestas, the largest wind turbine manufacturer in Europe, last year reached a turnover of approximately 204 million euro in Romania,…
Petrom put 18 mln. euros in the refurbishment of a fuel storage
OMV Petrom has completed the upgrading of the oil depot in Bacău, in which has invested about 18 million euros.…
The extra duty on fuel makes some types of gasoline to cost over 6.8 RON/liter
The introduction on April 1 of an additional fuel excise of 7 eurcents on every liter of fuel purchased, which…
The tax on additional profit obtained from the gas market liberalization: inaccurate statements and hidden general taxation
###author### Authorities in Romania seem to not know exactly neither the purpose nor the extent to which the money from…
President Băsescu meets today the management of Chevron Europe , ExxonMobil and Petrom
President Băsescu meets today the general manager of Chevron Exploration and Production Europe , Derek Magness , head of state…
FP`s SPO in London by the year-end, the Fund sells shares in Petrom and Conpet
###author### Fondul Proprietatea (FP) will have its SPO (secondary public offering) on the London Stock Exchange (LSE) by the end…
