Year: 2016
- Opinion
The agreement in Vienna
The Organization of Petroleum Exporting Countries (OPEC) and a number of oil producing countries outside the cartel reached at the…
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Oil revival: Donald Trump’s energy promises
The outcome of US elections in November 2016 was a surprise for many analysts and the echoes have not ceased…
Read More » - Oil & Gas
Gazprom and OMV signed binding Basic Agreement on asset swap
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, signed on 14…
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Claren Energy started drilling the Bobocu 310 side-track well
Claren Energy Corp. announced that drilling operations have commenced on the Bobocu 310 side-track well (B310-ST1). B310-ST1 is being drilled…
Read More » - Event
Promoting recent projects & groundbreaking tech solutions
ROMANIA OIL & GAS CONFERENCE & EXHIBITION 2016, an event focused on the most recent projects and innovative technological solutions…
Read More » - Interview
Liviu Ilasi: PEOP project – Securing Europe’s future energy supply
This year, the crude oil and derivatives carrier via pipelines and by rail tanks marked 115 years of existence of…
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Alberto Collamati: Crisis to leave major legacy behind – O&G companies reshaping
Weatherford International, one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and…
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Virgil Metea: Romgaz’s impact on the regional markets energy security
In the agitated context of the European energy market reconfiguration and the low natural gas prices, we talked with Mr.…
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Niculae Havrilet: European energy interdependence, best way to security and energy independence
Last Spring, the President of ANRE (National Energy Regulatory Authority), Niculae Havrilet, announced that Romania will no longer depend on…
Read More » - Oil & Gas
SOCAR’s second filling station in Bucharest
SOCAR has inaugurated, on March 16th, a second gas station in Bucharest, coming up to 33 filling stations in Romania.…
Read More » - Tech
Customer Innovation Center 3M Romania
Following an investment of around 300,000 Euro, 3M has launched, on the 8th of March, one of the most important…
Read More » - Oil & Gas
Transgaz – GRTgaz Memorandum of Cooperation
Under the patronage of the French Embassy in Bucharest, Transgaz SA Romania and GRTgaz France signed, on May 25 in…
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OMV Petrom, lower investments in 2016
The Ordinary General Meeting of Shareholders approved the Executive Board proposal not to distribute dividends for the financial year 2015.…
Read More » - Oil & Gas
Growing sales for MOL Romania
MOL service station network in Romania included 206 stations end-March, after the acquisition completed last year and investment in new…
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CEFC and KazMunayGas to build a long term strategic partnership
China CEFC Energy Company Limited and JSC NC “KazMunayGas” (KMG) have signed recently transaction documents to establish a joint venture…
Read More » - Oil & Gas
Rompetrol Rafinare, historical record in the last 11 years
Rompetrol Rafinare, company member of KMG International Group, registered a net consolidated result amounting to USD 62 million in 2015,…
Read More » - Oil & Gas
International Association of Oil & Gas Producers elect new Chair
The International Association of Oil & Gas Producers (IOGP) has a new Chair. She is Monika Hausenblas, Royal Dutch Shell’s…
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An agreement that seems neither to scare nor to comfort anyone
The Russian and Saudi oil ministers signed in Doha, on February 16, together with the Qatari and Venezuelan counterparts, an…
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Gazprom, DEPA and Edison sign Memorandum of Understanding
Alexey Miller, Chairman of the Gazprom Management Committee, Marc Benayoun, CEO of Edison SpA, and Theodoros Kitsakos, CEO of DEPA…
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Repsol sells its wind energy business
After cutting investments by 20 percent, Spanish energy company Repsol said it was selling its entire British wind energy business…
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