Oil & Gas
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Romania Contributes to Europe’s Energy Security and the Competitiveness of European Industry
Offshore gas exploitation in the Black Sea represents an important basis for security of energy supply in the region. By…
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RON 1bn Investment in Caragele by 2027
Romania’s energy minister Sebastian Burduja, accompanied by Romgaz CEO Razvan Popescu and Deputy CEO Aristotel Marius Jude, paid a working…
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20HyGrid Project Successfully Completed
Delgaz Grid, a member company of the E.ON Romania Group, presented to representatives of the Ministry of Energy and ANRE…
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Strategic Sector in Romania: Underground Gas Storage
Underground gas storage (UGS) facilities are strategic infrastructure in which natural gas reserves are kept in order to match supply…
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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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