- Oil & Gas
OMV Petrom starts production from new offshore well
OMV Petrom started production from a new offshore well LVO7, drilled in the Lebada Vest field. LVO7 is the first…
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KERUI Petroleum continuously obtaining high-end land drilling rigs projects
KERUI Petroleum and Kuwait BAHMAN successfully signed 4 sets of high-end land drilling rigs contract in a value of over…
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MOL Group and APK strategic partnership for plastic recycling
MOL Group and APK AG signed a strategic cooperation agreement in Merseburg, Germany. As a first step in the cooperation…
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Major shifts transforming the gas market by 2023
IEA’s new report ‘Gas 2018 – Analysis and forecast to 2023’ focuses on major transformations to shape the evolution of…
Read More » - Renewables
Greencells strengthens its position in solar PV market
Greencells, one of the largest independent European solution providers for solar photovoltaic (PV) power plants, has concluded a strategic investment…
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MOL Group raises full year EBITDA target based on H1 results
MOL Group announced its financial results for the first six months of 2018. EBITDA was sustained at the very strong…
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BSOG completes the two well exploration drilling program in the Black Sea
Black Sea Oil & Gas SRL (BSOG) together with its co-venture partners announce the completion of a two well exploration…
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OPCOM starts DAM-NG transactions
According to the press release issued by the operator of the electricity and natural gas market in Romania, a first…
Read More » - Power
Another year of falling investment
The International Energy Agency (IEA) recent report titled ‘World Energy Investment 2018’ provides a critical benchmark for decision making by…
Read More » - Power
ACER adopts a decision on the methodology to establish market coupling algorithms
The methodology covers the rules for development and maintenance of the price coupling algorithm for the day ahead timeframe and…
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EBRD, EIB and EC supporting greener energy in Zagreb
The inhabitants of Zagreb stand to benefit from a large investment in the modernisation of their electricity and heat supply…
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Romania’s petrochemical industry comes into sight
Romania’s petrochemical industry is preparing to come out of the shadow cone, benefiting from the programs through which Rompetrol Rafinare…
Read More » - Power
CEER Benchmarking Report 6.1 on the Continuity of Electricity and Gas Supply
The newly-released document (26 July 2018) provides an update of key data related to continuity of electricity and gas supply…
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LNG on its way to become the fuel of choice for road and maritime transportation
Small scale LNG continues to develop as a reliable and effective solution for off-grid energy supply and as the fuel…
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UZUC Ploiesti, the only European supplier qualified by GE for heat exchanger batteries
UZUC Ploiesti has manufactured the fractionating columns for a refinery in Prahova County (Romania), being designed and executed in accordance…
Read More » - Renewables
Europe adds 4.5 GW of wind energy in H1
Europe added 4.5 GW of wind energy capacity in the first half of 2018, according to figures released on July…
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