gas
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OMV Petrom Switches from Oil to Green Energy and Gas
OMV Petrom, Romania’s sole oil and gas producer, is radically changing its investment directions until 2030, with over half of the company’s budget set to go to green energy and gas.
Poland’s PKN Orlen Said to Be Looking at Oil and Gas Assets in Romania
The Petromidia refinery, the most important asset of Kazakhstan’s KazMunayGas in Romania, as well as assets in the hydrocarbon production area of OMV Petrom, are on the radar of Poland’s PKN...
Premier Energy Set to Further Expand Gas Networks
Romania’s current situation, where wood is the main heating source is an opportunity to expand gas networks, say the representatives of Premier Energy, the third largest gas supplier for hou...
Harri Kiiski, Azomures: We’d Want to Use Romanian Gas, but It’s Cheaper for Us to Import
Azomures, Romania’s largest gas consumer, a business of around RON2 billion, says agriculture fertilizer prices have soared this year amid the unprecedented natural gas price hikes.
Christina Verchere, OMV Petrom CEO: We Need Solid Guarantees to Start Black Sea Gas Drilling
The natural gas project in the Black Sea is extremely valuable, but solid guarantees, predictability and fiscal and legislative stability are needed for it, says Christina Verchere, CEO of O...
Offshore Bill Modified By MP Committee, Sets Higher Tax Rates For Additional Income
Romanian Lower Chamber MPs modified on Tuesday several provisions of the pending bill which regulates Black Sea offshore exploitations, changing the manner in which investors’ additional inc...
ZF Power Summit ’18: Reality Is Austria And Hungary Vie Over Black Sea Gas
The Romanian government could collect EUR2.8 billion royalties over twenty years from the natural gas drilled in the Black Sea and natural gas production is expected to double by 2025, when...
Energy Industry: We’re Working In The Dark In The Absence Of Country Strategy
Investments are the keyword on the energy market this year and companies in the sector are ready to bring new gas and electricity generation facilities online.
Prospex Oil and Gas Shares Grow 30% After Romanian Find
UK-based natural resources investment company Prospex Oil and Gas shares soared 30% after it announced on Monday that Raffles Energy, the operator of the Bainet-1 well in Romania, had made a...