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OIL & GAS
Romania-Hungary clash over Black Sea natural gas
Gas deposits off Romania's coast worth billions of dollars have drawn the country into an economic row with…
Europe is getting more LNG from USA
European nations are far behind Mexico and China when it comes to receiving liquefied natural gas from USA, but the…
Black Sea Oil & Gas and Transgaz sign 15 year contract for the MGD Project…
Transgaz S.A. (“Transgaz”) CEO, Mr. Ion Sterian, and Black Sea Oil & Gas SRL (“BSOG”) CEO, Mr. Mark Beacom,…
Romania: Natural Gas – Facing a Pricy Winter (EPG)
Regardless of the outcome of the heated debate impacting future offshore gas projects, Romania will face winter…
Europe’s LNG gas imports increase but fall short of 2011 peak
According to the US Energy Information Administration (EIA), imports of LNG to the 28 countries that make up…
Romania: The new Network Code for gas transmission, a big step towards…
A new Network Code for Gas Transmission enters into force on 1 October 2018, bringing important changes at the…
Romania: Transgaz to invest 360 million euros in pipeline for taking over Black…
Transgaz is going to invest 360 million euros in building the Tuzla-Podisor pipeline for taking over the gas to be…
Romania: Crude oil production 2.9 percent decrease in the first half of 2018
Data from the National Institute of Statistics (INS) shows that Romania imported about 4.18 million tonnes of oil…
Romania: Rompetrol, a premiere for the city of Bacau – its first EV charging…
Rompetrol Downstream, the retail division of KMG International Group in Romania, inaugurates today a new Rompetrol…
Romania: Lower profit for Romgaz in the first six months
State-owned Romgaz Medias, the biggest gas producer in Romania, recorded revenues of RON 2.47 billion (EUR 531…
Romania: Transgaz posts 30 pct profit drop
Romania’s monopoly gas transport system operator Transgaz had posted a 30 percent lower net profit for the first…
Romania: OMV Petrom drills first multilateral offshore well
Romanian oil and gas group OMV Petrom started production from a new offshore well, the first multilateral well…
Romania: Transgaz has for auction the export and import capacities of natural gas…
Transgaz published on its site the announcements regarding the sale by auction of the export – import capacities of…
Romania: BSOG completes exploration drilling program in the Black Sea
Black Sea Oil & Gas SRL (“BSOG”), together with its co-venture partners, announce the completion of a two well…
Romania: Gas prices for household consumers increase starting August 1
The price of gas for household consumers in Romania will increase by 5.83% starting August 1, the energy sector…
World, Oil market: The oil barrel prospects for the second semester of 2018
Since last July, the cost for a barrel Texas Tea has marched more than 42% higher.
But we knew 2018 was going to…
Romania: Finance Ministry removes draft bill on capping domestic gas price from…
The Finance Ministry removed the draft bill on capping the price of gas extracted in Romania from its website as…
Romania: Petromidia refinery registered last year an increase of the nitrogen…
The Petromidia refinery, including Divizia Petrochimica reduced last year the sulphe oxide (SO2) emissions with…