03.16.2023

Romanian natural gas producer and supplier Romgaz (SNG.RO) has announced that its subsidiary, ROMGAZ BLACK SEA LIMITED, concluded on Thursday (March 16, 2023) a transmission framework agreement for more

02.03.2023

Romanian natural gas producer and supplier ROMGAZ (SNG.RO) and SOCAR TRADING, a subsidiary of the State Oil Company of the Republic of Azerbaijan, signed on February 3, 2023, in Baku, a new individual more

12.28.2022

Companies operating in the field of oil and gas extraction or those involved in oil product manufacturing are likely to be subjected to a new tax on 2022 and 2023 profit, in line with a draft more

11.03.2022

Delgaz Grid, the natural gas and electricity distribution company of German utility group E.ON in Romania, sets off in November a pilot project to test the compatibility and operation of utility more

11.03.2022

OMV Petrom, the only local oil and gas producer, posted RON2.9 billion operating result on the gas and energy segment for the first nine months of 2022, almost seven times higher than in the more

11.02.2022

Gas production in Romania reached 6.7 billion cubic meters In the first nine months of the year, up slightly from 6.6 billion cubic meters in the same period last year, data provided by the national more

11.01.2022

Romgaz (SNG.RO), a state-run natural gas producer and supplier, on November 1 announced a deal with Electrocentrale Bucuresti, the main provider of heating via the central heating system of Bucharest, more

10.31.2022

Electricity prices for household consumers rose in almost all EU member countries in the first half, with the highest increases seen in the Czech Republic (62%), Latvia (59%) and Denmark (57%), more

10.27.2022

Romgaz (SNG.RO), a natural gas and electricity producer held by the Romanian government via the Energy Ministry, on October 27 announced conclusion of three deals with Engie Romania, Electrocentrale more

10.19.2022

Romanian natural gas producer and supplier ROMGAZ (SNG.RO) on Wednesday (Oct 19) concluded a Memorandum of Understanding with SOCAR, the state-run oil company of the Republic of Azerbaijan, which sets more

10.14.2022

After a 12-year development, Black Sea Oil & Gas (BSOG), whose owner is US giant Carlyle, started drilling for gas in the Black Sea via the Midia Gas Development (MGD) project this June. more

10.13.2022

Alro Slatina, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, has been declared as “selected investor” following a public tender organized more

09.28.2022

Nuclear power producer Nuclearelectrica and Nova Power & Gas launch RoPower Nuclear, the project company for the development of small modular reactors (SMRs) in Romania, on the site of the former more

07.25.2022

OMV Petrom, Romania’s largest natural gas producer after Romgaz, ended the first half of this year with a natural gas production of 1.7 billion cubic meters, 11% lower from the same period of last more

07.13.2022

The Kazakh-Romanian Energy Investment Fund (KREIF), controlled by KMG International and the Romanian State, has contracted a loan of RON119 million (about USD$24.75 million) from OTP Bank Romania for more

06.22.2022

Azomures, the largest natural gas consumer in Romania and the main fertilizer producer, will temporarily suspend production of ammonia due to natural gas prices, the company said in a press release. more

06.15.2022

Black Sea Oil & Gas SA (BSOG) together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus Dacia on Wednesday announced that production has started from the Midia Gas Development more

05.16.2022

The European Investment Bank (EIB) and Romania’s natural gas transmission company Transgaz (TGN.RO) have signed an agreement for the provision of advisory services to prepare and develop a more

04.11.2022

The Investment Committee of the Modernization Fund has approved Romania’s request for financing for the future gas-fired power plants of state-run energy holding Complexul Energetic Oltenia (CE more

04.08.2022

Romanian state-run state-owned hydropower producer Hidroelectrica said in a statement that it plans to acquire up to three electricity and natural gas suppliers. more

03.30.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) said on Wednesday that it signed a bank loan agreement with Raiffeisen Bank in the amount of EUR325 million which covers a part of the price more

03.03.2022

The European Union's dependence on Russian gas must end and countries must insist more on alternative energy sources, Romania's President Klaus Iohannis told a joint news conference with European more

02.11.2022

Timisoara-based fuel supplier Artoil posted revenue of EUR145 million in 2021, up 45% on the previous year, the company said. more

01.10.2022

Romanian state-owned gas natural transmission company Transgaz (TGN.RO) has concluded a contract of RON262 million for the procurement of natural gas necessary to cover the company’s technological more

12.08.2021

OMV Petrom, Romania’s sole oil and gas producer, is radically changing its investment directions until 2030, with over half of the company’s budget set to go to green energy and gas. more