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SOCAR Petroleum Ends 2025 With 91 Gas Stations, Plans To Overshoot 100 Mark In 2026
Companies

SOCAR Petroleum Ends 2025 With 91 Gas Stations, Plans To Overshoot 100 Mark In 2026

SOCAR Petroleum, the Romanian subsidiary of State Oil Company of the Republic of Azerbaijan (SOCAR), has grown to 91 gas stations in Romania after having opened three more towards the end of this year. The three opened in Salaj, Suceava and Satu Mare Counties.

Loredana Frățilă-Cristescu · 30.12.2025 · 14:35 · 1 min
Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers
Capital Market

Romgaz Expands Into Supplying Natural Gas To Household And Non-Household Consumers

The Energy Ministry welcomes the strategic initiative of Romgaz (SNG.RO) to expand its business to supply natural gas to household and non-household consumers, a decision that comes at an es...

Loredana Frățilă-Cristescu · 09.01.2025 · 18:16 · 1 min
Transgaz: Black Sea Gas Won’t Be Enough For Romania’s Needs
Energy

Transgaz: Black Sea Gas Won’t Be Enough For Romania’s Needs

In one of his rare public appearances, Ion Sterian, chief executive officer of Transgaz (TGN.RO), the national natural gas transmission company, says that the Black Sea will not turn Romania...

Loredana Frățilă-Cristescu · 08.11.2023 · 07:00 · 1 min
Oil, Gas Companies and Refiners Likely to Be Subjected to New 2022 and 2023 Profit Tax
Companies

Oil, Gas Companies and Refiners Likely to Be Subjected to New 2022 and 2023 Profit Tax

Companies operating in the field of oil and gas extraction or those involved in oil product manufacturing are likely to be subjected to a new tax on 2022 and 2023 profit, in line with a draf...

Roxana Petrescu · 28.12.2022 · 10:50 · 1 min
OMV Petrom Posts Record High Gas Result Via Regional Activity
Energy

OMV Petrom Posts Record High Gas Result Via Regional Activity

OMV Petrom, the only local oil and gas producer, posted RON2.9 billion operating result on the gas and energy segment for the first nine months of 2022, almost seven times higher than in the...

Roxana Petrescu · 03.11.2022 · 10:02 · 1 min
Romgaz Sells RON330M Worth of Natural Gas to Electrocentrale Bucuresti
Capital Market

Romgaz Sells RON330M Worth of Natural Gas to Electrocentrale Bucuresti

Romgaz (SNG.RO), a state-run natural gas producer and supplier, on November 1 announced a deal with Electrocentrale Bucuresti, the main provider of heating via the central heating system of...

Loredana Frățilă-Cristescu · 01.11.2022 · 22:45 · 1 min
US Giant Carlyle Starts Strategic Assessment of Black Sea Natural Gas Project
Companies

US Giant Carlyle Starts Strategic Assessment of Black Sea Natural Gas Project

After a 12-year development, Black Sea Oil & Gas (BSOG), whose owner is US giant Carlyle, started drilling for gas in the Black Sea via the Midia Gas Development (MGD) project this June.

Loredana Frățilă-Cristescu · 14.10.2022 · 00:00 · 1 min
Azomures Temporarily Halts Products Due to Natural Gas Price
Companies

Azomures Temporarily Halts Products Due to Natural Gas Price

Azomures, the largest natural gas consumer in Romania and the main fertilizer producer, will temporarily suspend production of ammonia due to natural gas prices, the company said in a press...

Loredana Frățilă-Cristescu · 22.06.2022 · 19:01 · 1 min
Fuel Supplier Artoil Revenue up 45% to EUR145M in 2021
Energy

Fuel Supplier Artoil Revenue up 45% to EUR145M in 2021

Timisoara-based fuel supplier Artoil posted revenue of EUR145 million in 2021, up 45% on the previous year, the company said.

Loredana Frățilă-Cristescu · 11.02.2022 · 09:49 · 1 min