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

12.06.2021

Azomures Targu Mures, one of the main producers of fertilizers for agriculture, is going to start preparations for the temporary shutdown of manufacturing operations, as a result of the rising power more

11.30.2021

The Petromidia refinery, the most important asset of Kazakhstan’s KazMunayGas in Romania, as well as assets in the hydrocarbon production area of OMV Petrom, are on the radar of Poland’s PKN more

11.22.2021

Romania’s current situation, where wood is the main heating source is an opportunity to expand gas networks, say the representatives of Premier Energy, the third largest gas supplier for household more

11.12.2021

Electricity and natural gas supplier Restart Energy has decided to withdraw from the natural gas supply business and focus on green power as of 2022. Its 18,000 customers will be allocated by energy more

10.08.2021

OMV Petrom, the largest energy company in South-Eastern Europe, on Friday reported a 10% decrease in the natural gas production in the third quarter of 2021 compared to the second quarter and a 15% more

09.22.2021

Black Sea Oil & Gas (BSOG), together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus Dacia SRL, on Wednesday announced the installation of the Ana natural gas production more

09.17.2021

OMV Petrom, the largest energy company in South-Eastern Europe, made the first delivery of liquefied natural gas (LNG) to Damen Shipyards Mangalia, the largest shipyard in South-Eastern Europe. more

08.25.2021

The European Bank for Reconstruction and Development (EBRD) has become, starting August 25, 2021, a shareholder with a 25% interest in the share capital of gas transmission company Vestmoldtransgaz, more

08.25.2021

Azomures, Romania’s largest gas consumer, a business of around RON2 billion, says agriculture fertilizer prices have soared this year amid the unprecedented natural gas price hikes. more

06.22.2021

OMV Petrom, the largest energy company in South-Eastern Europe, announced Tuesday it has obtained a license to commercialize liquefied natural gas (LNG), thus diversifying its activities on the gas more

05.12.2021

If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be more

05.10.2021

The energy sector requires investments of EUR70 billion over the next decade, of which EUR13 billion in offshore gas projects in the Black Sea, Eric Stab, president and CEO of ENGIE Romania said more

05.06.2021

The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. more

05.05.2021

OMV Petrom Group has all the necessary expertise and is ready to take over the operator role of the Neptun Deep block in the Black Sea after US’ ExxonMobil left, in case the bid submitted by Romgaz more

04.12.2021

Romania’s energy regulator ANRE has approved the annual investment plans for 2021, worth a total RON1.3 billion, for the system and transmission operator and natural gas distribution operators in more

04.08.2021

Romania’s energy regulator ANRE has announced that state-owned gas natural transmission company Transgaz and natural gas distribution operators in Romania carried out investments worth a total more

03.19.2021

Azeri state-run oil company Socar Petroleum has opened two new gas stations, in counties Ialomita and Braila, reaching 63 units in Romania. more

03.16.2021

Oil group MOL, which owns 234 gas stations in Romania, sees the Romanian market as having high growth potential, and 2020 was a good year with 14 new stations opened. more

12.28.2020

Nova Power & Gas, a member of E-INFRA Group, on Monday announced the inauguration of a natural gas network in the town of Huedin (Cluj County). The investment in the first development stage of the more

11.12.2020

Linde Gaz Romania, the local subsidiary of Linde Plc, the largest industrial gas supplier worldwide, posted more than 683 million lei (about EUR144 million) revenue in 2019, an increase of 6.5% on the more