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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 »

Romania Oil & Gas Summit

Romania’s gas prices liberalization for households to start in April, after 10-year delay

Oil & Gas March 30, 2017 13:31 0 comments

The Ministry of Energy said that the prices for domestic gas go through a liberalization process starting April 1, as there are no technical reasons to postpone this move any more. Toma Petcu, the minister…more »

Romania Oil & Gas Summit

OMV Petrom and ExxonMobil give up on Midia Deep perimeter in Black Sea

Oil & Gas March 27, 2017 11:49 0 comments

OMV Petrom and ExxonMobil have given up on the oil concession Midia Deep in the Black Sea, taken over from Sterling Resources in 2014. The consortium will focus on the main project of the Romanian…more »

gas price

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 »

Sterling-gas

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 »

camelia-ene

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 »

Petcu_Toma

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 »