06.28.2013

Romanian household consumers will pay by 8% more for natural gas as of July 1, the energy watchdog ANRE said Friday. more

06.28.2013

Russia’s Gazprom will invest over EUR150 million in its Romanian gas filling station network by 2015, Gazprom Neft’s deputy general manager Kirill Kravchenko said Friday. more

06.27.2013

Kazakhstan’s state-run oil and gas company KazMunayGas could ship its gas to Romania via Bulgaria through the planned South Stream pipeline project, the authorities in Bucharest said in a statement more

06.11.2013

Romania has enough shale gas resources to meet consumption needs over the next century, according to estimates from the US Energy Information Administration, or EIA. more

05.27.2013

Romania will import more natural gas this summer, even if consumption may be covered from internal production, to avoid higher bills in winter, when natural gas imported from Russia is more expensive. more

05.02.2013

Serbian oil group NIS, held by Russia’s Gazprom, will open two new gas stations in Romania in July, which will be located at the 59th kilometer of the Bucharest-Pitesti highway. more

04.29.2013

A joint venture possibly between oil-company OMV Petrom (SNP.RO), U.S. giant ExxonMobil and natural gas transporter Transgaz (TGN.RO) might build a pipeline to bring onshore the natural gas Romania more

04.25.2013

Romania requires about EUR10 million more to complete its investment in the Arad-Szeged pipeline and start exporting natural gas to neighboring Hungary, an official of state-run gas transporter more

04.24.2013

Serbia-based oil group NIS now has five gas stations in Romania, after having opened its first in Vestem near Sibiu (center of the country) at the end of last year. more

04.19.2013

The partnership between Romania and Russia in the natural gas sector is working as it should, but things could get bumpy due to some problematic EU regulations, the head of Russian Federal Agency more

04.04.2013

Romania’s taxation system for shale gas and gas extracted from Black Sea blocks might differ from that currently applied for conventional gas, if the country has such gas resources and begins more

03.30.2013

Romania may export natural gas to other European Union member states provided that there are interconnection points between their transport systems, the country’s energy regulator ANRE said in a more

03.20.2013

U.S. oil group Chevron said that if Romania wants to start shale gas drilling, now is the time to do it because exploration work alone takes five years. No European country is currently producing more

03.19.2013

Romania should postpone the deregulation of natural gas prices to avoid a “major impact” on industrial consumers, Romanian steelmaker ArcelorMittal Galati said in a press release Tuesday. more

03.15.2013

Grup Servicii Petroliere, an offshore drilling company part of the Upetrom group of businessman Gabriel Comanescu, is bidding in what could be the tender of the year to get a contract with ExxonMobil more

02.28.2013

Romania’s Economy Minister Varujan Vosganian said Thursday he supports shale gas exploration, as it will bring out information concerning available resources and the opportunity to start more

02.28.2013

The head of ExxonMobil Exploration & Production Romania Thursday said Romania will be one of its main retail markets for the natural gas extracted from the Black Sea blocks. more

02.28.2013

Azeri state-run oil company SOCAR plans to expand its Romanian gas station network by another 20 units in 2013, the company’s general manager Hamza Karimov said Thursday at ZF Power Summit '13. more

02.28.2013

Romanian filling stations that sell less than 1 million liters a year will hardly survive, as the number of units is increasing, according to Titov Buzescu, advisor of Rompetrol's chief executive more

02.27.2013

US oil giant Chevron Corp. will start exploration drilling at its Barlad shale concession in Romania in the second half of 2013, the company said in a report recently. more

02.27.2013

Shale gas will play an important role in the energy sector, Eric Stab, president of GDF Suez Energy Romania, told Wednesday the ZF Power Summit ’13 in Bucharest. more

02.14.2013

Hungary’s oil and natural gas company MOL said Thursday it opened two new gas stations in Romania, following a EUR500,000 investment, thus expanding its local network to 137 units. more

02.06.2013

Romania might secure its independence from gas imports if the blocks U.S. oil group Chevron will exploit contain significant amounts of shale gas, a company representative said Wednesday. more

02.01.2013

Romanian leading oil company OMV Petrom (SNP.RO) reported a 56.3% increase in natural gas and power sales volumes to 14.44 terawatt-hours in the last three months of 2012 compared with a quarter more

01.30.2013

Romania used 4% less natural gas last year than in 2011, even though the year started and ended with very cold weather, which caused consumption spikes for a few weeks. more