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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...

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

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...

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

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

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

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...

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

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

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...
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 natural gas development project, from the Black Sea, that this represents a historical moment, in...
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Business

Grüne Woche, 100 years. Romania participates with a wide range of agri-food products

Bucharest, January 17, 2026 - RBJ - The Ministry of Agriculture and Rural Development (MADR) announces Romania's official participation...
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The Romanian Business Journal
Constantin Radut
Editor in Chief
031721 Bucharest, Romania
phone:+40 725 511 887 office.rbjournal@gmail.com; office@romanianbusinessjournal.ro

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