oil

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...

Issue of the Day

The war in Ukraine, collateral effects: Hungary remains without oil from the Russians. The Hungarians say that Ursula von der Leyen is aware of...

May 17, 2023 0

Bucharest, May 17, 2023 - The media from Kyiv announced the other day that Ukraine has "temporarily suspended" the supply of oil to Hungary through the Druzba pipeline, the state-controlled Russian media RIA Novosti said on November 15, citing...

Issue of the Day

The empress of Hungary, the oil company Mol, sits dizzy in the chair of sand built by Viktor Orban

August 9, 2022 0

By rbj The bad signs had appeared a few days before, when the "leader" of Hungary, Viktor Orban, was about to drown on a recreational lake in the US. He was saved by a journalist who was following him from...

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,...

Economy

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

May 25, 2022 0

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 offshore oil perimeters entered into force today. The law provides for a set of measures on...

Economy

OMV Petrom signs agreement to transfer 40 fields to Dacian Petroleum S.R.L.

January 8, 2020 0

By Edwig Ban OMV Petrom S.A., the largest energy company in South-Eastern Europe, reached an agreement for the transfer of 40 onshore oil and gas fields in Romania to Dacian Petroleum S.R.L. as part of a business transfer arrangement. The...

Business

StillCanna: Romania will become a major CBD producer in Europe

July 23, 2019 0

By Jerom Bolt StillCanna, a Canadian company specializing in cannabis oil production from hemp leaves, will open in the last quarter of 2019 the world's first large-scale cannabidiol extraction plant, after an investment of about $ 1.8 million. The unit, located...

Aeropspace & Defence

American company Amerocap prepares investments in Port of Constanta, Romania

February 5, 2019 0

By Jerom Bolt Amerocap LLC, a US-based investment firm announces the expansion of its own private equity investment activity, which identifies stranded assets and emerging trends in the energy and defense sectors. On the company's website, Romania appears as an...

Economy

Government extends the agreement with ExxonMobil and OMV Petrom for the Black Sea gas in 2045

January 30, 2019 0

y Edwig Ban The Government today approved the extension by 2045 of the oil agreement between state and ExxonMobil and OMV Petrom for the Neptun Deep offshore gas perimeter in the Black Sea by 2045. The agreement signed in 2000...

Issue of the Day

Trump wins: US becomes net oil exporter after 75 years

December 23, 2018 0

By Jerom Bolt Donald Trump's policy of supporting small oil investors and giving up climate constraints has historical effects in the US. According to Bloomberg, the US has become a net exporter on the oil market. There is an end to...

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Latest News

Fara categorieMay 23, 20250

NAI Romania: A comprehensive evaluation of state-owned assets could improve Romania’s Sovereign credit rating

Bucharest, May 22, 2025 – A thorough and accurate evaluation of Romania’s state-owned assets – from paintings, artworks, and...

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Real Estate

Cushman & Wakefield Echinox: The retail projects delivered in the last two months in Romania accounted for 80% of the entire 2024 new supply

May 23, 2025 0

Bucharest, May 2025 - RBJ - There was no retail project completion in Q1 in Romania, but the delivery pace significantly picked up in...

Business

A culinary journey through Asia: No passport Needed Titan Park hosts the 5th edition of Asian Food Fest, May 23–25

May 22, 2025 0

Bucharest, May 22, 2025 - RBJ - From May 23 to 25, Titan Park in Bucharest will transform into a true culinary garden as...

Banking & Finance

NBR Board decisions on monetary policy: the monetary policy rate at 6.50 percent per annum

May 16, 2025 0

Bucharest, May 16, 2025 - RBJ - In its meeting of 16 May 2025, the Board of the National Bank of Romania decided the...

Business

Craiova is asserting itself in Romanian medicine. An absolutely convincing argument is the “Saint Nectarie” Oncology Clinic

May 15, 2025 0

Bucharest, May 15, 2025 – RBJ – Craiova, the capital of the southwestern region of Romania, has been asserting itself in recent years not...

oil

Latest News

NAI Romania: A comprehensive evaluation of state-owned assets could improve Romania’s Sovereign credit rating

Cushman & Wakefield Echinox: The retail projects delivered in the last two months in Romania accounted for 80% of the entire 2024 new supply

A culinary journey through Asia: No passport Needed Titan Park hosts the 5th edition of Asian Food Fest, May 23–25

NBR Board decisions on monetary policy: the monetary policy rate at 6.50 percent per annum

Craiova is asserting itself in Romanian medicine. An absolutely convincing argument is the “Saint Nectarie” Oncology Clinic

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