gas
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2013 In Review: Ten Most Important Events In Energy Sector
The year 2013 looked like it was going to be a bumpy year right from the start. Rumors about the reduction of the green power support scheme, which attracted more than EUR4.5 billion investm...
Giant Schlumberger Reaches 450 Employees In Romania, Plans New Hiring
Schlumberger group, the world’s largest provider of technology and solutions for oil and gas companies, has reached 450 employees in Romania after opening a services center with 170 employee...
How Major Gas Station Operators Divided Turf In Romania
Romania’s largest oil and gas company OMV Petrom (SNP.RO) operates the biggest local gas station network, and rivals Rompetrol, MOL and Lukoil either decided to fight it directly or strength...
OMV Petrom Wants To Replace Natural Gas Processing Plants For Up To EUR260M
Romania’s largest oil and gas producer OMV Petrom (SNP.RO) is looking to award a EUR64 million contract for the replacement of two natural gas processing plants.
The Worst Is Yet To Come For Large Gas Consumers
Large natural gas consumers in Romania say they are now tracking every cent they spend to avoid dropping below the breakeven point, as the deregulation of natural gas tariffs during the cris...
Azomures Says Rising Gas Prices May Hinder Its Planned EUR200M Investments
Romanian chemical fertilizer maker Azomures (AZO.RO) targets total investments of EUR200 million in the next two years, but it might not be able to carry out its investment program due to ri...
GDF SUEZ Energy Romania CEO: GDP Needs To Grow Before Gas Consumption Rises
Eric Stab, chairman and chief executive officer of GDF SUEZ Energy Romania, the largest local gas distribution company, says the country’s gross domestic product should increase by at least...
Romania Got Just 25-30% Of Estimated Revenue From Additional Tax On Gas Producers
Romania has collected only 25-30% of what it estimated at the beginning of the year it would get from companies gaining additional revenue from the liberalization of gas prices, Finance Mini...
Romania To Renegotiate Oil And Gas Royalties
The level of oil and natural gas royalties to the state budget is not sufficient and will be renegotiated at the end of next year, said Gheorghe Dutu, president of the National Mineral Resou...