Grup Servicii Petroliere (GSP) has successfully set in place more than 120 km off the Romanian Black Sea shores the first fixed offshore oil platform in the gas field, according to a... Read more »
Beimbet Shayakhmetov was appointed CEO of the Rompetrol Group (KMG International) at the end of 2019, ie before the outbreak of the coronavirus crisis. In an interview for our publication, he talks... Read more »
Ministry official Niculae Havrilet: Energy sector’s development thwarted by maze of conflicting laws
Romania is single-handedly sabotaging the development of its energy sector through a maze of conflicting laws, and the only way out is a new Energy and a new Gas Law that transpose... Read more »
The merger of the three distribution companies in the Electrica group, made precisely to streamline the activity, could initially produce a huge loss. This is because, after the merger, following a new... Read more »
The authors of the new energy strategy have included in the document a chapter on priority investment projects. There are six, and we present them to you as they appear in the... Read more »
National gas pipeline operator Transgaz recorded a net profit of 231 million lei in the first half of this year, an increase of 18 pct compared to the result in the same... Read more »
Rompetrol Rafinare through its petrochemical division – the only polymer producer in Romania has successfully developed a new product in the last 3 months, a special type of polypropylene dedicated to protective... Read more »
Out of the 3.000 electric vehicle car charging stations that Enel announced it would install in Romania, Italy and Spain, 650 will be in Romania. The Italian group Enel recently announced that... Read more »
US-based oil and gas company ExxonMobil is in talks with Russia’s Lukoil and Poland’s PGNiG for the sale of its 50 percent stake in the Black Sea Neptun Deep oil and gas... Read more »
Petrom will operate 30 percent of an offshore perimeter in Bulgaria, along with two of the largest oil companies in Europe, Total and Repsol, after the takeover of OMV’s stake in this... Read more »