09.03.2014

President Traian Basescu said Wednesday, after visiting the Ocean Endeavor drilling platform, that he is optimistic Romania will be able in 2019-2020 to cover the natural gas needs not only for the more

09.02.2014

Minister-delegate for energy Razvan Nicolescu said Tuesday that he is not ruling out a potential natural gas supply crisis this winter, in the context of the conflict between Russia and Ukraine, but more

09.02.2014

Romanian state owned natural gas producer Romgaz Medias (SNG.RO) invested EUR27 million in raising by nearly 40% the storage capacity of a natural gas facility in Urziceni, Ialomita County. more

08.29.2014

SOCAR Romania, part of Azeri oil group SOCAR, has opened its 29th gas station in Romania, in Ramnicu-Valcea, a EUR1 million investment. more

08.26.2014

The European Commission’s enterprise directorate-general wants Romania to eliminate a legislative provision forcing local natural gas producers to consider household consumers a priority and the more

08.25.2014

The natural gas pipeline linking the Romanian city of Iasi to Ungheni in the neighboring Republic of Moldova will be operational as of Wednesday, August 27. more

08.21.2014

Companies such as Smart Diesel, Turist Service, Rombeer Cringasu or Alsacom, run by little known businesspeople, have been striving to resist competition from companies such as OMV Petrom, Rompetrol, more

08.19.2014

Romania used 3.2% less electricity in the first half, as well as 4.7% less natural gas and almost 3% less fuel. more

08.18.2014

The takeover of the 42 Agip gas stations that Italy’s ENI had in Romania helped Hungarian-held MOL consolidate its position in the south of the country and expansion plans will continue, says Kinga more

08.13.2014

Black Sea gas could reach other countries, as well, OMV Petrom (SNP.RO) chief executive officer Mariana Gheorghe says. more

08.12.2014

Romania’s natural gas consumption fell 5% on the year in the January-June period, while domestic demand for electricity was down 2%, according to estimates from the country’s largest oil and gas more

07.31.2014

MOL Romania, the local subsidiary of Hungarian oil group MOL, opened seven new gas stations in Romania, following an investment of EUR6.1 million, and reached a countrywide network of 154 units. more

07.25.2014

Romania’s leading oil and gas company OMV Petrom (SNP.RO) yesterday sold natural gas worth 15.3 million lei (EUR3.5 million) on the Romanian Commodities Exchange, the market operator said in a more

07.24.2014

Rompetrol Downstream, the local retail unit of Romania’s second-largest oil group KMG International, has rebranded 38 filling stations in the first seven months of the year and plans to upgrade 52 more

07.23.2014

Austria’s OMV, which controls Romania’s leading oil and gas company Petrom (SNP.RO), invested EUR41 million to start activities at the OMV Petrom Global Solutions service center of Romania. more

07.16.2014

KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, plans to open 15 new gas filling stations in Romania in the “near future,” the company said Wednesday. more

07.11.2014

Romania’s Energy Minister Razvan Nicolescu on Friday urged the energy regulatory authority ANRE to revise its decision forcing natural gas producers to sell part of their output on centralized more

07.10.2014

Romanian natural gas producers will have to sell at least 20% of their output on a centralized market, according to a regulation approved by the country’s energy watchdog ANRE. more

07.10.2014

The European Commission sent a reasoned opening to Romania Thursday asking the country to remove unjustified barriers to exports of natural gas, giving Romania two months to make amends before more

07.02.2014

Five years after launching the Litro gas station brand, KazMunayGas is dropping the branding experiment conducted at only four Rompetrol gas stations on the A2 highway connecting Bucharest to more

07.01.2014

Natural gas producers and distributors will be forced by law to sell “minimum quantities” of their production on the local exchanges, such as commodities exchange BRM and OPCOM power exchange as more

06.30.2014

Romania’s leading oil and gas company OMV Petrom (SNP.RO) started the implementation of a new business system in its gas stations network, aiming to diversify its range of products and services such more

06.26.2014

The Romanian government Thursday said domestic natural gas prices for corporate consumers will remain unchanged at the April level, following a report from the energy watchdog ANRE showing that local more

06.25.2014

The natural gas bill will increase by 2.5% for households and by 1.5% for corporate consumers as of July 1, because of higher import volumes from Russia, the Romanian energy watchdog ANRE said more

06.19.2014

Dumitru Rotar, deputy general manager of state-run natural gas producer Romgaz Medias (SNG.RO), stated Thursday that local gas production and deposits can cover medium term consumption in winter, more