gas

Economy

The Romanian companies Petrom and Romgaz put into operation the mechanism for starting the extraction of gas fields from the perimeter of Neptun Deep,...

August 3, 2023 0

Bucharest, August 3, 2023 - OMV Petrom and Romgaz will invest up to 4 billion euros for the development phase of the Neptun Deep project, which will generate production of about 100 billion cubic meters of natural gas, with...

Economy

Romgaz SA, the largest producer of natural gas in Romania and one of the largest producers in Eastern Europe, has joined the Oil and...

July 21, 2023 0

Bucharest, July 21, 2023 - SNGN Romgaz SA, the largest producer of natural gas in Romania and one of the largest producers in Eastern Europe, has joined Oil and Gas Methane Partnership 2.0 (OGMP 2.0), the flagship program for...

Economy

Romania, the only country in the EU where the amount of natural gas from domestic production will increase in the coming years

July 9, 2023 0

Bucharest, July 9, 2023 - Natural gas production is estimated to grow at an average annual rate of 3.6%, in the period 2023-2026, after a decrease of 1.1% (to 7.343 million toe) in 2022, according to estimates of National...

Economy

The Romanian company Petrom announces the discovery of new oil and gas deposits. Romania has been producing crude oil and gas for over 150...

June 13, 2023 0

Bucharest, June 13, 2023 - OMV Petrom has discovered new oil and natural gas resources in the Oltenia and Muntenia regions of southern Romania. According to the company, the investment in the exploratory drilling campaign amounted to approximately 20...

Economy

Romania and Azerbaijan signed the first individual contract for the delivery of Azeri natural gas

December 16, 2022 0

By RBJ S.N.G.N. Romgaz S.A. and Socar Trading, the subsidiary of the national oil company of the Republic of Azerbaijan, signed on December 16, 2022, the first individual contract for the delivery of Azerbaijani natural gas to Romania. The individual...

Issue of the Day

OMV Austria, the company founded after the Second World War by the Stalinist regime in Moscow, continues the policy of Soviet imperialism

December 8, 2022 0

By Constantin Radut In great difficulty after the start of Moscow's war against Ukraine, OMV Austria seeks to obtain advantages from its strong subsidiaries, especially from Petrom Romania. For those who are not familiar with the field, it should be pointed...

Bilateral

Romania, Azerbaijan: collaboration for the construction in Romania of the gas transport and liquefaction infrastructure in the Caspian area

October 19, 2022 0

By RBJ The state company Romgaz, the largest gas producer in Romania, signed a Memorandum of Understanding with SOCAR, the national oil company of the Republic of Azerbaijan. The two companies propose to build a natural gas liquefaction terminal and...

Economy

Romania has the capacity to fully cover, from its own resources, the domestic consumption of natural gas. It is a singular case in the...

August 18, 2022 0

By rbj Gas production from the new fields in the Black Sea, operated by Black Sea Oil and Gas (BSOG), will increase by one million cubic meters of gas per day, said today the general director of the national gas...

Business

The pinnacle of Austrian arrogance: OMV Petrom boasts of an investment from 10 years ago. In fact, it is the only one in Romania

August 8, 2022 0

By rbj OMV Petrom, the company that owns the majority stake in the former Romanian state company Petrom, boasts that it has invested 530 million euros in the Brazi power plant, this being the largest greenfield private investment in Romania,...

Issue of the Day

Hungary is preparing the population for a state of an energy war. Gasoline supply restricted to 50 liters/day

June 29, 2022 0

By Constantin Radut As the whole of Europe prepares for the big holiday, after years of restrictions imposed by Covid-19, Hungary enters the energy winter earlier than its citizens expected. MOL, the state company, is preparing a new restriction, according to...

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Latest News

Issue of the DaySeptember 25, 20230

Ignorance, stupidity, or diversion: the House of Commons in Ottawa gives a standing ovation to a former Ukrainian Nazi, in the presence of the...

Bucharest, September 25, 2023 – On Friday, September 22, 2023, on the occasion of the visit and speech of...

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Economy

Exim approved the financing of engineering and feasibility studies for reactors 3 and 4 at the nuclear power plant in Cernavoda/Romania

September 25, 2023 0

Washington, September 25, 2023 - The Export-Import Bank of the US (Exim) approved a financing of 57 million dollars for engineering and feasibility studies...

Issue of the Day

Two American tourists amazed by the beauty of Romania. “Bucharest is the hidden gem of Europe”

September 23, 2023 0

Bucharest, September 23, 2023. (Source: adevarul.ro) - Jacob and Jenny Warren, two young American tourists very passionate about travel, spent a few days in...

Bilateral

Hidroelectrica will invest, together with the Emirati company Masdar, in floating photovoltaic panels on the reservoirs of hydropower plants in Romania

September 22, 2023 0

Bucharest, September 22, 2023 - The state company Hidroelectrica, the largest in Romania, in the electricity production sector, wants to invest, together with the...

Business

Genesis Property, the first real estate company in Romania with the goal to reduce carbon emissions approved by the Science Based Targets initiative

September 22, 2023 0

Bucharest, September 21, 2023 - Genesis Property becomes the first real estate company in Romania to obtain the approval of its short-term CO2 emissions...

gas

Latest News

Ignorance, stupidity, or diversion: the House of Commons in Ottawa gives a standing ovation to a former Ukrainian Nazi, in the presence of the...

Exim approved the financing of engineering and feasibility studies for reactors 3 and 4 at the nuclear power plant in Cernavoda/Romania

Two American tourists amazed by the beauty of Romania. “Bucharest is the hidden gem of Europe”

Hidroelectrica will invest, together with the Emirati company Masdar, in floating photovoltaic panels on the reservoirs of hydropower plants in Romania

Genesis Property, the first real estate company in Romania with the goal to reduce carbon emissions approved by the Science Based Targets initiative

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