- Oil & Gas
OMV Petrom invests over EUR 130mn in two gas treatment plants
OMV Petrom completed construction works at two new gas treatment plants located near important production zones. The two projects, which…
Read More » - Oil & Gas
Roxtec transits ensure EMI protection on new LNG carriers
Hudong-Zhonghua Shipbuilding Group and power system provider ABB specified Roxtec EMC solutions for the new-build of four LNG carriers. State-owned…
Read More » - Tech
Micro cutting for everyone!
To cut narrow incisions in hard materials with high precision requires a specially developed waterjet cutting process. FAWJ stands for…
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Gazprom and LUKOIL discuss cooperation prospects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place…
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Honeywell Process Solutions recognized as a Leader in Customer Value
Based on its recent analysis of manufacturing and execution systems (MES) in the European Energy Industry, Frost & Sullivan recognizes…
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Weatherford completes sale of hydraulic fracturing business
The parties agreed to revised deal terms that reflect an asset sale, as compared to the previously announced OneStimSM joint…
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Romanian-Kazakh trade relations
A meeting has taken place recently at the headquarters of the Chamber of Commerce and Industry of Bucharest (CCIB), between…
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Gazpromneft-Lubricants and KPI to cooperate in R&D
Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, has signed an agreement with Kuwait Petroleum International (KPI, part of Kuwait…
Read More » - Renewables
CMS Renewables Guide: A Sector in Transition
CMS’s Energy group recently published a major new guide on the renewables sector. The comparative study compares and contrasts the…
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ROPEPCA’s point of view
The Romanian Association of Petroleum Exploration and Production Companies (ROPEPCA) expresses its concern about the harsh and unjustified accusations brought…
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Romania no.7 in energy security
The World Energy Council’s Energy Trilemma Index tool, produced in partnership with Oliver Wyman, ranks countries on their ability to…
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IoT-based Well Surveillance solution to optimize production and reduce costs
Siemens recently announced a scalable, end-to-end IoT solution, designed to help oil and gas companies optimize production and reduce costs…
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BSOG to receive additional investment from EBRD
Black Sea Oil & Gas SRL (BSOG), currently backed by The Carlyle Group, recently announced that the European Bank for…
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OPEC keeps in 2018 the agreement to cut oil output
The cartel of the oil exporting countries (OPEC) and other major producers, including Russia, have decided to extend by nine…
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Gazpromneft-Lubricants and KPI to cooperate in R&D
Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, has signed an agreement with Kuwait Petroleum International (KPI, part of Kuwait…
Read More » - Metals & Mining
Goals and key results: Historical record for Cupru Min in 2017
The company Cupru Min SA Abrud, controlled by the Ministry of Economy, has planned investments worth over RON 65mln for…
Read More » - Power
Romania energy strategy 2016-2030
According to the Energy Strategy of Romania for 2016-2030, finalised in December 2016, the oil production will slowly decline during…
Read More » - Renewables
The largest onshore wind farm in Europe
Dutch company NERO Renewables is preparing a giant investment in Romania, in a wind farm, in Dobrogea region. The wind…
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5 things to look for in 2017
Wood Mackenzie forecasts 2017 to be a year of ‘stability and opportunity’ for global oil and gas industry.
Read More » - Renewables
Pending stock exchange listing: Hidroelectrica to invest over EUR 1bn
In February 2014, Hidroelectrica became insolvent, being on the brink of bankruptcy. Within three years, it managed to escape the…
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