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...

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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...
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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...

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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...
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Issue of the Day

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

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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...
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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

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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,...
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Economy

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

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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...
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Economy

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

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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...
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Business

StillCanna: Romania will become a major CBD producer in Europe

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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...
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Aeropspace & Defence

American company Amerocap prepares investments in Port of Constanta, Romania

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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...
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Economy

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

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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...
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Issue of the Day

Trump wins: US becomes net oil exporter after 75 years

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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

Business0

Nuclearelectrica Romania and Framatome are exploring the possibility of producing the medical isotope Lutetium-177 at the Cernavodă nuclear power plant. Lutetium-177 is used for...

Bucharest, November 30, 2023 - # rbj (Source: Agerpres) - SN Nuclearelectrica SA and Framatome announced the signing of...
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Autos & Transportation

The Romanian manufacturer of Dacia presented the Dacia Duster 3, which will be exhibited at the Geneva Motor Show

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Pitesti/Romania, November 29, 2023 - # rbj - The Dacia/Renault company presented today the third generation of the Duster model. The car will be...
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Bilateral

Elbit from Israel and the Romanian company Romarm signed the cooperation agreement for the production of 155 mm mobile howitzers in Romania

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Bucharest, November 29, 2023 - # rbj - Israelis from Elbit Systems Ltd. (Elbit Systems) and Romarm, through its subsidiary Uzina Automecanica Moreni (UAM),...
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Tech & Innovation

Romanian Startup among the best in Central and Southeast Europe at BASF Innovation Hub Competition

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Bucharest, November 29, 2023 - # rbj - Romanian startup Peelhy won the regional phase of pitch competition for sustainable future, organized for Central...
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Business

DOUGLAS celebrates Romanian entrepreneurial spirit and success by promoting local brands in the ROBrands project

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Bucharest, November 28, 2023 - # rbj - DOUGLAS Romania continues its mission of supporting Romanian brands and local producers within the ROBrands project,...
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The Romanian Business Journal
Constantin Radut
Editor in Chief
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