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 »

Error or premeditation? Electrica, close to mark a loss of 620 million lei in the next three years. What’s the cause?

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 new energy strategy of Romania: The list of priority investment projects worth 22.6 billion euros

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 »

Transgaz reports net profit up 18 pct for first semester

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, a new type of product for the production of protective medical masks

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 »

Enel X will install 650 electric vehicle charging stations in Romania, by 2022

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 »

ExxonMobil in talks with Lukoil, PGNiG to sell its stake in Neptun Deep offshore gas project

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 »
Reprezentanții Exxon Mobil vor veni miercuri, la Palatul Victoria.

EXCLUSIVE!  Petrom to takeover OMV’s stake to a Bulgaria Black Sea offshore block

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 »

Stephen Birrell is the new president of ROPEPCA

The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) announces that, following the annual elections held within the association according to statutory requirements, Stephen Birrell (Fora Oil and Gas)  has been voted... Read more »

Romanian State to build two new deposits for oil products, close to the Black Sea, on Oil Terminal’s land

The Romanian Company for Administrating State Owned Shares in Energy Field (SAPE), in partnership with Oil Terminal, want to build two deposits for oil products, according to sources in the industry. The... Read more »