Oil&Gas

Economy

The BSOG project – a huge step toward Romania’s energy independence in the natural gas sector. Romania is the only EU country that does...

By rbj The Prime Minister of Romania, Nicolae Ciucă, declared on Tuesday on the occasion of the beginning of the gas production within the Midia...
Economy

The largest onshore natural gas field in Europe “sleeps” in Romania. The Ministry of Energy shows how incompetent it is in energy policy

By rbj In the context of the European energy crisis, caused in particular by the invasion of Ukraine by the Russian Federation, the way each...
Economy

The new offshore law provides additional benefits to investors in the Romanian oil and gas sector

By rbj Law amending and supplementing Law no. 256/2018 on some measures necessary for the implementation of oil operations by holders of oil agreements on...
Economy

Romgaz becomes equal shareholder with OMV Petrom in the largest energy project for gas extraction in the deep perimeter of the Black Sea

By Jerom Bolt Romgaz, the largest natural gas producer in Romania, signed today the sale-purchase contract of all shares issued (representing 100% of the share...
Economy

The biggest Romanian investment in the last 30 years: Romgaz’s Board of Directors approved the signing of the contract to buy 50% of ExxonMobil’s...

By rbj The Board of Directors of the S.N.G.N. ROMGAZ SA, on March 22, 2022, approved the conclusion of the sale-purchase contract of all shares...
Economy

In 2021, Romania estimates an amount of crude oil of almost 3.3 million toe. In 1976, our country produced 15 million toe of crude...

By Edwig Ban Romania produced, in the first 11 months of 2021, a quantity of crude oil of over 2.848 million tons of oil equivalent...
Economy

In Q1 2022, Romgaz Romania signs the contract to take over 50% of Exxon Mobil’s participation in the Neptun Deep offshore gas project on...

By Edwig Ban Sources close to the energy sector inform that the Romanian state gas producer Romgaz (SNG.BX) will pay up to $ 1.07 billion...
Economy

GSP Holding, the largest Romanian company in Southeast Europe in onshore and offshore drilling and construction, has taken over part of the Schlumberger Group

By Constantin Radut The Romanian Competition Council authorized the transaction by which Forasol S.R.L., a member of the GSP Group (Petroleum Services Group), Romania, took...
Economy

With resources of over 200 billion c.m. of gas, Romania will become a net exporter of natural gas to Europe in the next decade

By Constantin Radut The energy crisis is evident in Europe after a sinuous and chaotic policy of the European Union. As in agriculture, where the...
Economy

Romgaz SA and ExxonMobil extend until November 15 the exclusivity period regarding the negotiations related to Neptun Deep

By Edwig Ban Romgaz SA and ExxonMobil have announced that they are extending the exclusivity period from October 15, 2021, until November 15, 2021 regarding...
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Romania: Palace of Parliament

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Latest News

Economy

JT Grup Oil completes JT Terminal, the first private oil terminal with access directly to the Black Sea

Constanta/Romania, September 3, 2026 - RBJ - JT Grup Oil S.A. (BVB: JTG), a Romanian company active in the...

Romania: Cantacuzino Castle

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