Oil & Gas
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Extended Support for the Vertical Corridor
The Vertical Corridor, a European gas pipeline system involving TSOs of seven countries – Greece, Bulgaria, Romania, Hungary, Slovakia, Moldova,…
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OMV Strengthens Supply Chain Integration in Europe
OMV has made two acquisitions to strengthen its refinery and supply chain integration and improve the coverage of its existing…
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Gasum Responding to the Growing Demand for Biogas
Energy company, Gasum will open a new filling station in Vänersborg, Sweden, in March 2024. The station is a result…
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Transgaz in 2023: A 150% Higher than Budgeted Profit
Transgaz’s individual net profit was RON 159.9 million in 2023, 56% lower than in 2022, but 150% higher than budgeted,…
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2 Green H2 Production Projects at Petrobrazi Refinery
OMV Petrom signed two financing contracts through the National Recovery and Resilience Plan (NRRP), for the construction of two production…
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Equinor – Deepak Fertilisers 15-year LNG Agreement
Equinor and the Indian fertiliser and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural…
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Etihad Tubulars, Tenaris’ New Facility in Abu Dhabi
Tenaris has inaugurated its new Abu Dhabi industrial complex, Etihad Tubulars, with a 60 million USD investment. This industrial complex…
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IGB Pipeline Capacity Expansion Announced
Following a tender procedure under the Public Procurement Act, ICGB is awarding a Bulgarian company with the contract for detailed…
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Decoupling From Russian Gas: Vertical Corridor
An important step towards the activation of a bi-directional corridor of natural gas flows from Greece to Ukraine and vice…
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Oil Terminal Has Completed a 55,000cbm Storage Tank
Oil Terminal Constanta on January 5 completed the construction of a 55,000 cubic metre storage tank, the company’s newest and…
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Oil & Gas Clean Energy Technology Continues to Advance
By Maureen McCall In this climate of conventional energy company mega-mergers and acquisitions in both the U.S., and Canada creating…
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XP Achieved Gold Standard Pathway Status from the Oil & Gas Methane Partnership (OGMP) 2.0
On December 1st at the COP28 was launched the Annual International Methane Emissions Observatory (IMEO) report in which it is…
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Exploring Environmental Gas Sensors
Gas sensor technology makes the invisible – visible. This technology has the potential to identify a huge range of gaseous…
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Gold at the World Youth Invention and Innovation Award for 2 Romanian Students
Andrei Stefan Dulgheru Oprisescu, a student of Oil and Gas Engineering at the University of Petroleum and Gas (UPG) in…
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Over 80% of Execution Agreements for Neptun Deep Project Awarded
OMV Petrom has continued to make significant progress in implementing Neptun Deep project. The company has signed an agreement with…
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Serbia-Bulgaria Gas Interconnector to Reduce Dependence on Russia
Serbia on December 10, 2023, completed a gas interconnector with Bulgaria, which will diversify gas supplies and reduce Bulgaria’s dependence…
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First LNG and CNG Filling Station in Petrom Network
OMV Petrom has entered a partnership with Vulcangas Romania for opening liquefied and compressed natural gas filling stations. The first…
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SLB to Deliver Global Methane Emissions Reporting Project for Eni
SLB’s End-to-end Emissions Solutions business (SEES) has been selected by Eni to deliver comprehensive fugitive methane emissions measurement and reporting…
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Brussels Partly Funds Energy Investment Projects Proposed by Romania
On August 23, 2023, Transgaz’s Director General Ion Sterian sent a letter to the European Commission, the European Investment Bank,…
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Groundbreaking H2 Project in France
Burckhardt Compression, a global leader in compressor technology, announced the provision of three advanced oil-free hydrogen compressors for a groundbreaking…
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