Oil & Gas
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First Rompetrol Integrated Service Centres on the A1 Highway
The Kazakh-Romanian Energy Investment Fund (KREIF) and Rompetrol Downstream – the retail structural subdivision of the KMG International Group in…
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Methane Emissions in Romania: Monitoring of Gas Installations
In 2022, the draft EU Regulation on methane emissions reduction (14615/22), which has reached Revision VII, has gone almost unnoticed,…
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Equinor Sells Its Oil Terminal at the Bahamas
Equinor has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at…
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Recalibration on the European Gas Market
On the background of the energy crisis stirred by the Russian-Ukrainian conflict, Romania and Serbia are interested in joining their…
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Baltic Pipe Project Passes DNV Certification
DNV, the independent energy expert and assurance provider, has announced the issuance of a Certificates of Conformity (CoC) for the…
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EU Embargo on Russian Oil, Implications and Consequences
The European Union (EU) embargo on Russian oil, which came into force on December 5, 2022, is a long-awaited sanction…
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New Oil and Gas Sector Overtaxation Project
The new oil and gas sector overtaxation project endangers future investments for Romania’s energy security, warns the Oil and Gas…
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First Individual Contract for Gas Deliveries from Azerbaijan to Romania
S.N.G.N. ROMGAZ S.A. and SOCAR Trading, a subsidiary of the State Oil Company of the Republic of Azerbaijan, signed on…
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EU Embargo on Russian Oil, Implications and Consequences
The European Union (EU) embargo on Russian oil, which came into force on December 5, 2022, is a long-awaited sanction…
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New MoU on the Vertical Corridor between Gas TSOs from Greece, Bulgaria, Hungary, and Romania
On December 1st, 2022, in Athens, a Memorandum of Understanding (MoU) was signed between DESFA (Greece), Bulgartransgaz (Bulgaria), FGSZ (Hungary),…
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OMV and Wood MoU for Commercial Licensing of ReOil® Technology
OMV, the international, integrated oil, gas and chemicals company headquartered in Vienna, and Wood, a global leader in consulting and…
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Investment of EUR 130mn at Petrobrazi Refinery to Build New Unit of Aromatic Products
OMV Petrom, the largest integrated energy company in South-Eastern Europe, invests approximately EUR 130 million in the next 3 years…
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Rompetrol Rafinare Invests in Storage Capacities
Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated this year an extensive program of maintenance, rehabilitation,…
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Dietsmann Awarded New Maintenance Engineering and Inspection Contract by QatarGas
Dietsmann have signed a two-year Asset Master Data Review, Physical Asset Verification & Bill of Material (BOM) Review and Development…
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Uniper and Vesta to Develop Green Ammonia Terminal Site in the Netherlands
Uniper Global Commodities SE and the Dutch Vesta Terminals B.V. signed a Memorandum of Understanding to evaluate the feasibility of…
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First Natural Gas Available from EemsEnergyTerminal in Mid-September
On Thursday 8 September, in the presence of Minister Rob Jetten (Climate and Energy), Prime Minister Petr Fiala of the…
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Dacian Petroleum Deploys HiberHilo to Boost Efficiency of Gas Wells
Following a successful initial pilot, Dacian expands HiberHilo installations to remotely monitor tubing pressure and other parameters at wells located…
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N’GENIUS Series™ to Change the Way Oil & Gas Sector Views Austenitic Stainless Steels
A ground-breaking new series of high strength austenitic stainless steels – N’GENIUS Series™, has been developed that will transform how…
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Schlumberger, Aker Solutions and Subsea 7 to Drive Innovation & Efficiency in Subsea Production
Schlumberger, Aker Solutions and Subsea 7 announced an agreement to form a joint venture to drive innovation and efficiency in…
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Uranus Drilling Rig Ready to Move to the SASB Natural Gas Field
Trillion Energy International announced the Uranus drilling rig, owned by Romania’s GSP Offshore, is currently being prepared to move to…
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