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SOCAR

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 »

petru-vaduva

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 »

sorin-gal

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 Sincro Simleu-Silvaniei

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 »

mariana gheorghe

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 »

oil and gas romania

Analysis. Massive Black Sea energy investments stumble into slow public decision-making process

Oil & Gas May 10, 2017 07:00 0 comments BR Exclusive

Although Black Sea gas was touted as the main solution to help Romania reach energy sufficiency, the slow development of legislation to support risky offshore developments and protracted discussions over the new taxation framework for…more »

rompetrol rafinare

Petromidia Navodari and Vega Ploiesti refineries in technical inspection for 20 days

Oil & Gas May 04, 2017 14:09 0 comments

Rompetrol Rafinarie interrupts the activities of Petromidia Navodari and Vega Ploiesti refineries for technical inspection for 20 days, during May 3-22, according to a release of the company. „Established since November 2016, their total value…more »

fuel market

Works kick off on Romania’s first compressed natural gas filling network

Oil & Gas April 28, 2017 15:30 0 comments

The Association of Producers and Users of Natural Compressed Gas launched the initiative to   build the first network of nine specialized filling stations until the end of 2019. The stations will be developed in Bucharest,…more »

chevron

Chevron dropped shale gas project in Romania over economic reason, says US ambassador

Oil & Gas April 07, 2017 10:02 0 comments

Oil major Chevron abandoned its shale gas project in Romania due to economic reasons, said the US ambassador to Romania, Hans Klemm. The company had started searching for shale gas in Romania back in 2013,…more »

Linde ASU AMG2

M&A alert. Linde Gas Romania completes acquisition of two gas suppliers

Oil & Gas April 06, 2017 16:07 0 comments

Linde Gas Romania, the supplier of industrial gases, has finished the acquisition of ITO Industries International Romania and Rodmir Expert, both suppliers of gas in the retail sector. The deal impacts the industrial gas operations…more »