- Oil & Gas
MoU Between Romgaz and Liberty for the Development of Greenfield Projects
Romgaz and Liberty have concluded a MoU aimed at setting up a joint venture, in view of developing Greenfield investment…
Read More » - Renewables
Hollandse Kust Zuid World’s Largest Offshore Wind Project Officially Green-Lighted
Vattenfall has taken final investment decision for Hollandse Kust Zuid 1-4 proceeding with the construction of what will be the…
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OWS Romania Receives API 7-1 Monogram for its New Repair Facility
Odfjell Well Services (OWS) has been awarded the API Spec 7-1 Monogram License for its new repair shop in Ploiesti,…
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Declining Turnovers for Prahova-based Oil & Gas Companies
The COVID-19 crisis has caused, in Prahova County, considered the county of ‘black gold’ in Romania, more than half of…
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Electrica, Hidroelectrica and SAPE Interested in Acquiring CEZ Romania
Electrica, Hidroelectrica and SAPE to participate in the competitive procedure organized by CEZ for the sale of its subsidiaries in…
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Bitumen Production in Romania, ‘non-existent’ or Historic High?
Vega Refinery in Ploiesti, the only bitumen producer in Romania, says bitumen production in 2019 was 120,000 tons, the largest…
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Bulgaria to Set up a State-owned Oil Company
Bulgaria plans to set up a state-owned oil company, which will manage the oil and fuel depots and also build…
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Impact of COVID-19 on Renewable Energy Auctions
In a recent Policy Brief, AURES assesses the impact of COVID-19 on Renewable Energy Auctions. AURES is a European research…
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Hundreds of Rotork Actuators to Be Used on Southern Indian Pipeline
More than 300 Rotork actuators have been specified for use on an Indian pipeline almost 700 km in length. The…
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OMV Petrom and Eldrive to Install 30 Fast Charging Stations for Electric Cars in Romania and Bulgaria
OMV Petrom and Eldrive will install 30 fast-charging stations for electric vehicles in OMV branded filling stations in Romania and…
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Conpet to Enter the Solar Energy Market
The general objective of the project is to increase energy efficiency and supply security - in the context of climate…
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First Quarter 2020 Results for Romania’s Energy Sector in Full Pandemic
In full pandemic, the companies in the energy sector in Romania present their financial results related to the first quarter…
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Rompetrol, Growing Retail Activities in the First Four Months of 2020
KMG International Group continued for the first four months of the year to consolidate and develop its retail activities in…
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ACER Finds Growing Contractual Congestion in European Gas Transmission Network
The European Union Agency for the Cooperation of Energy Regulators (ACER) published on May 20 the 7th edition of its…
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Romgaz Management Performance Led to an Increase of the Company’s Share Price
ROMGAZ share price follows an upward trend after the company published its 2020-2025 Development/Investment Strategy estimating an investment schedule of…
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Talking to Experts: Ion Lungu, AFEER President
Ion Lungu has been President of Association of Electricity Suppliers in Romania (AFEER) since 2006. He joined CEZ team in…
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OMV Petrom Installed Photovoltaic Panels in 40 Filling Stations in Romania
OMV Petrom installed photovoltaic panels in 33 OMV branded filling stations and in 7 Petrom-branded filling stations, so that they…
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State Aids for Energy-intensive Companies in Romania for Indirect Emission Costs
The European Commission approved Romania’s plans to partially compensate energy-intensive companies for the increase in prices for electricity
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Shell Divests Shale Gas Appalachia Assets to National Fuel
Shell’s Appalachia operations are located in the predominately rural northern and western portions of Pennsylvania, where the company drills and…
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