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SOCAR has opened the second gas station from Timis, reaches 38 units across Romania

Oil & Gas July 19, 2017 17:00 0 comments

Azeri oil company SOCAR has opened the second gas station from Timis county, in Ghiroda locality, reaching 38 units at national level. The gas station also features car recharge units, GPL filling points, phone cards…more »

BP: Romanian hydropower consumption up by 7.4 pct to 4.1 mln toe in 2016

Oil & Gas July 07, 2017 16:31 0 comments

Romania's hydropower consumption went up by 7.4 percent to 4.1 million toe (tonnes of oil equivalent) in 2016 and represented 0.4 percent of the global consumption, according to the data of British Petroleum. In the…more »

omv petrom

OMV Petrom Marketing and OMV Petrom Aviation to merge

Oil & Gas June 16, 2017 11:13 0 comments

OMV Petrom Marketing and OMV Petrom Aviation, controlled by OMV Petrom, will merge through absorption in the oil products sales division. The two companies want to effectively implement the merger from November 1. „Considering that…more »

Virgil Marius Metea gets 4-year mandate at helm of Romgaz

Oil & Gas June 08, 2017 17:08 0 comments

Gheorghe Gheorghe-Gabriel has been appointed as the new president of the Administration Council of gas producer Romgaz and Virgil Marius Metea is appointed again general director for four years, according to a report sent to…more »

Black Sea Oil & Gas to start the gas production in Black Sea in 2019

News May 26, 2017 15:44 0 comments

Oil company Black Sea Oil & Gas aims to start the gas production in the Black Sea in 2019, according to Reuters. „We hope that the first gas quantities to be extracted in 2019,” said…more »

SOCAR opens second gas station in Bucharest, reaching 36 units in Romania

Oil & Gas May 23, 2017 16:51 0 comments

SOCAR has opened the second gas station in Bucharest in the second district, reaching 36 stations across the country. The station is fitted with a unit for recharging the electric cars, jetwash spaces, facilities for…more »

Petre Ion Vaduva resigns from general director position at Transgaz

Oil & Gas May 17, 2017 11:57 0 comments

Petre Ion Vaduva resigns from the position of general director at Transgaz because of personal reasons, but will continue the non-executive administrator mandate, while Ion Sterian will be appointed as interim general director, according to…more »

Romania to define reference gas price for new royalties scheme

Oil & Gas May 15, 2017 17:01 0 comments

The National Agency for Mineral Resources (ANRM) will establish the reference price of royalty calculations for natural gas, said Sorin Gal, general director within the institution, according to Agerpres. „The reference price for natural gas…more »

Tiriac Energy opens the first four gas stations in franchise, worth EUR 200,000

Oil & Gas May 12, 2017 12:23 0 comments

Tiriac Energy, the energy division of Tiriac group, opens officially the first four stations in franchise, for which it aims to attract 50 partners, after an investment of EUR 200,000. The gas stations chain will…more »

OMV Petrom Q1 net profit up two fold to RON 618 mln over higher sales

Oil & Gas May 11, 2017 14:37 0 comments

OMV Petrom group posted a net profit of RON 618 million in the first quarter of this year, growing by 114 percent compared with the net profit during the same period of 2016, according to…more »