02.02.2012

Romanian natural gas consumption rose to yet another record of 72.7 million cubic meters a day Wednesday, from 71.5 million cubic meters in the previous day, while the freezing weather that has more

02.01.2012

Romanian natural gas consumption rose to a record 71.5 million cubic meters a day Tuesday, while companies are producing at full capacity to cover the increasing demand due to extremely cold weather, more

01.31.2012

Romanian natural gas consumption rose by 20% to a record 70 million cubic meters a day on average, due to extremely cold temperatures that have gripped the country over the past days, an official of more

01.30.2012

Romanian leading oil company OMV Petrom (SNP.RO) has increased natural gas imports to cover the growing demand on the local market due to below freezing temperatures, the company said Monday. more

01.24.2012

Toma Veron, former general manager of Rompetrol Gas, the liquefied petroleum gas (LPG) division of the Rompetrol Group, has been appointed in a senior management role with the natural gas distributor more

01.20.2012

British Europa Oil & Gas on Friday announced it relinquishes the 28.75% stake it owns on the EIII-1 Brodina block in northwestern Romania, in order to focus on other assets. more

01.10.2012

Romanian President Traian Basescu has asked the Parliament to reject a bill amending the gas law, whereby domestic production of natural gas is used on the internal market exclusively, until import more

01.10.2012

Cheap gas deliveries to InterAgro group's plants did not raise any competition red flags, buts this does not mean the state was not prejudiced, Tuesday said Bogdan Chiritoiu, president of the Romanian more

01.09.2012

The end of last week came with another increase in the pump price by 0.8 lei of both gas and diesel operated by Petrom. This is the second hike this year. more

12.22.2011

The European Commission is urging the Romanian government to step up the deregulation of natural gas and electricity, recommending the authorities develop a trading exchange in the gas market, similar more

12.22.2011

French Dyneff, owned by the Rompetrol group, on Thursday announced it has expanded its gas station network in France after launching a new station some 320 km from Paris. more

12.21.2011

Romanian government Wednesday authorized the Finance Ministry to sell at auction its carbon credits granted by the Kyoto committee, the executive said in a statement. more

12.20.2011

The gas supply of chemical plants and power producers, with consumption of more than 30,000 cubic meters per hour, will be limited or ceased in case of force majeure, which will also include a 20% more

12.16.2011

OMV Petrom (SNP.RO), the largest company in Romania, could be significantly affected by the changes of the Gas Law approved by the Chamber of Deputies on Thursday. more

12.15.2011

Romanian companies will not be able to export natural gas until import sources are diversified using the current infrastructure, according to a draft amendment to the gas law, approved Thursday in the more

12.08.2011

The transit deal for Russian natural gas on Romanian soil has been extended by another year, until the end of 2012, Thursday said Elisabeta Ghidiu, strategy and corporate management head within more

12.08.2011

Romania’s gas market is not integrated into the EU market because of price disparities, Competition Council president Bogdan Chiritoiu said Thursday. more

12.07.2011

Romanian energy regulator ANRE Wednesday said natural gas tariffs for industrial consumers will grow by 5% as of January 1, due to costlier imports. more

12.07.2011

The price of natural gas for industrial consumers will grow by another 5% starting January 2012, under an agreement concluded between the Government and the International Monetary Fund. more

11.24.2011

The European Commission took Romania and Bulgaria to the European Court of Justice, claiming the two states do not offer backhaul at all interconnection points, which blocks newcomers to the market. more

11.22.2011

Rompetrol Moldova, a member of oil group Rompetrol, will launch six new gas stations in Moldova by the end of November, reaching a total 43 gas stations nationwide. more

11.15.2011

Romania’s Competition Council has expanded an investigation on auction bid rigging, regarding natural gas works, to include another six companies, the authority said in a news release Tuesday. more

11.09.2011

Romanian oil and gas group OMV Petrom's (SNP.RO) natural gas production in Romania and Kazakhstan increased 3% in the first nine months, to 3.96 billion cubic meters, from 3.84 billion cubic meters in more

11.04.2011

The Black Sea depths are becoming the busiest battleground for the world’s oil giants, which have so far announced plans to spend $2.5 billion to explore this unknown area. Early next year, Romania more

11.02.2011

Condmag Brasov (COMI.RO) will build a gas pipe worth 27.2 million lei (EUR6.2 million) for state-owned gas transporter Transgaz (TGN.RO). more