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Romania’s gas imports up by 271.5 pct in January, production up by 0.2 pct

Oil & Gas March 22, 2017 08:01 0 comments

Romania imported 281,200 tones equivalent in oil (tep) in January, which is 271.5 percent more compared with the same period of 2016, according to the National Institute of Statistics (INS). The domestic gas production amounted…more »

Oil prices

Romania imports over 729,900 tep of crude oil in January

Oil & Gas March 21, 2017 11:07 0 comments

Romania imported over 729,900 tep of crude oil in January, with 218,100 tep (42.6 percent) more than the volume imported in January 2016, according to the data of the National Institute of Statistics (INS). The…more »


ACUE: Romanian natural gas market doesn’t fulfill the liberalization conditions

Oil & Gas March 10, 2017 15:18 0 comments

The authorities need to take the best measures to avoid some major distortions on the natural gas market, due to the anticipated liberalization conditions, and the process needs careful preparation, according to the representatives of…more »


BR’s 17 leaders to watch: Camelia Ene – Mol Romania

Oil & Gas March 08, 2017 12:00 0 comments BR Exclusive

For Camelia Ene, the recently appointed CEO of Mol Romania, the big challenge comes from the company’s main goal to consolidate its position, as it is now ranked third on the Romanian oil market. Anda…more »


Romania’s minister of energy: ExxonMobil and OMV Petrom to start Black Sea gas extraction in 2020

Oil & Gas March 06, 2017 16:19 0 comments

The works at BRUA (Bulgaria - Romania - Hungary - Austria) pipeline will start at the end of this year and it will be functional in 2020, when Exxon and OMV Petrom will start the…more »

oil prices

Romania imported over 7.4 mln tep oil in 2016

Oil & Gas February 20, 2017 10:44 0 comments

Romanian imported in 2016 over 7.4 million tep oil, with 872,800 tep (13.2 percent), more than in 2015, according to the National Institute of Statistics (INS). The oil production amounted to 3.57 million tep,  4.3…more »


Romgaz profit down by 14 pct in 2016

Oil & Gas February 17, 2017 12:39 0 comments

Romgaz posted a 14 percent year-on-year decrease in 2016 to RON 1.02 billion, according to the initial report regarding the financial results. „Due to the sales volume drop by around 17 percent mainly because of…more »

Romania Oil & Gas Summit

Black Sea Oil and Gas could start offshore gas production in Romania in 2019

News February 16, 2017 15:50 0 comments

Black Sea Oil & Gas (BSOG), owned by Carlyle International Energy Partners, could start the gas production from one of its concessions in the Black Sea in 2019, but this target depends on the approval…more »


Rompetrol Rafinare’s consolidated net profit to USD 49.8 mln in 2016

Oil & Gas February 16, 2017 12:55 0 comments

Rompetrol Rafinare, member of KMG International, recorded a consolidated operational EBITDA of USD 182.5 million in 2016, up by 62 percent compared with 2015, according to the data transmitted by the company. The net consolidated…more »

Mark Wagley

Romanian gas production down by 12.5 pct in 2016, imports up by 629 pct

Oil & Gas February 16, 2017 11:33 0 comments

The Romanian gas production went down by 12.5 percent in 2016 to 7.48 million tones oil equivalent, while imports went up by 629 percent compared with 2015, amounting to RON 1.185 million tones oil equivalent,…more »