- Oil & Gas
Chevron to acquire Anadarko
Chevron announced on April 12 that it has entered into a definitive agreement with Anadarko Petroleum Corporation (APC) to acquire…
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ACER adopts Decision on gas interconnection between Hungary and Austria
ACER published on 11 April 2019 its Decision on the ‘HUAT project’ - between Hungary and Austria, which was adopted…
Read More » - Metals & Mining
Rovina gold-copper mine
Euro Sun Mining shared an update on the current strategy regarding development of the 10mln gold equivalent ounce Rovina Valley…
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ACUE: The modification of ROIC, a message to increase the investments
ACUE appreciate that the Government’s decision to increase the regulated rate of return on invested capital (ROIC) is a message…
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Mineral products ranked first in Romania’s exports to the United Arab Emirates
The main categories exported by Romania are: mineral products, wood and wooden products, electrical equipment, common metals and optical instruments.
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LUKOIL continues successful appraisal drilling at Eridu field in Iraq
LUKOIL and INPEX CORPORATION have successfully completed testing of the fifth well at the Eridu field (Block 10) in the…
Read More » - Power
Hydro-Québec plans to invest in Romania
Canada’s Hydro-Québec to invest in the field of power production and transmission grid in Romania. A priority field for the…
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McDermott starts up largest ever CDAlky reactor in China
McDermott International announced the successful commercialization and start-up of its single largest CDAlky® reactor to date at PetroChina’s refinery in…
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Nuclearelectrica’s Management Plan for 2019-2022
Consolidation of electricity production at Cernavoda NPP, while complying with nuclear security requirements, extension of the life cycle of Unit…
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Saipem awarded new onshore drilling contracts worth approximately USD 220mn
On March 13, Saipem has been new awarded new contracts, and extensions to other already existing contracts, in Onshore Drilling…
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EC calls on Romania to correctly transpose EU rules
The EC decided to send a letter of formal notice to Romania for failing to correctly implement certain requirements of…
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Three oil and gas reserve blocks sold in online auction for USD 5.1 million in Ukraine
A remarkable moment for the whole oil & gas industry in Ukraine: three concession blocks (Kharkiv and Poltava regions) have…
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BP awards contracts to McDermott and BHGE for GTA natural gas project
BP Awards Contracts to McDermott and BHGE, for Greater Tortue Ahmeyim Natural Gas Project, located offshore Mauritania and Senegal.
Read More » - Construction
Heat insulating panels and turnkey premises have increased TeraSteel’s exports
TeraSteel, part of TeraPlast Group, last year recorded an increase by over 53.7% in exports, amid expansion to the Serbian…
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Transgaz shareholders rejected the plan for the development of the national transmission system for 2018-2027
According to 2018-2027 TYNDP, Transgaz had planned total investments of EUR 1.9bn to expand the gas transmission system.
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First meeting of the Romanian-Kazakh Energy Investment Fund
The Board of Administration of the Romanian-Kazakh Energy Investment Fund recently met on their first working meeting since the fund…
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BRUA gas pipeline evolution on the agenda of the TTE Council
Romania’s Energy Minister Anton Anton attended, in Brussels, a meeting with representatives of Austria, Bulgaria and Hungary on the evolution…
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E.ON and MOL launch the Iasi-Targu Mures ‘electric highway’
E.ON Energie Romania put into operation, in the city of Iasi, in MOL station the fifth fast charging station for…
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GEO 114/2018 negative effects on the natural gas market
ROPEPCA brought to public opinion the results of a study analysing the impact of GEO 114/2018 on the natural gas…
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ExxonMobil adds 4.5B BOE to reserves
ExxonMobil added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s…
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