11.02.2011

Condmag Brasov (COMI.RO) will build a gas pipe worth 27.2 million lei (EUR6.2 million) for state-owned gas transporter Transgaz (TGN.RO). more

10.28.2011

ExxonMobil hopes that along with Petrom, Romania’s largest company, it will join the exclusive club of prospectors of the sea depths, through their operations in the Neptun block in the Black Sea. more

10.27.2011

US oil group Chevron will start drilling in Romania in 2012, seeking unconventional gas, Thursday said the company’s Romania manager, Thomas Holst, during a seminar. more

10.13.2011

Romanian liquefied petroleum gas producer and distributor Bulrom Gas on Thursday said it expects sales to reach EUR82 million this year, compared to EUR56 million in 2010. more

10.13.2011

Romania’s Economy Ministry on Thursday announced that natural gas storage operations, for winter consumption, have been completed, using mostly locally made gas. more

10.13.2011

The success rate for deep hydrocarbon exploration is 10%-20%; the rest is risk in the billions of euros. This year, two international giants and Romania's largest oil and gas producer OMV Petrom more

10.05.2011

Romanian senators on Wednesday rejected 47 to 46 votes a government emergency ordinance that kept regulated prices on natural gas unchanged for household consumers and power producers delivering to more

10.04.2011

E.ON Romania chief executive officer Frank Hajdinjak on Tuesday said now would not be a good time for oil and gas company OMV Petrom (SNP.RO) to raise natural gas price, since prices are already more

09.30.2011

Romanian oil and gas company OMV Petrom (SNP.RO) on Friday said it wants to increase the price of locally made gas by some 6%, to 525 lei (EUR120) from RON495 per thousand cubic meters. more

09.29.2011

Romania imported 2.37 million MWh of natural gas through the Arad-Szeged pipeline in the year through August 2011, amounting to 0.001% of the local consumption. more

09.29.2011

Romania’s leading oil company OMV Petrom (SNP.RO) Thursday dismissed reports regarding plans to sell 139 gas stations to Serbian peer NIS, controlled by Russian giant Gazprom. more

09.27.2011

Romanian gas producer Romgaz is analyzing various ways to diversify natural gas imports, including from the Caspian Sea and Western Europe, gas sales director Dumitru Chiselita said Tuesday. more

09.27.2011

The price of natural gas imports from Russia will rise to $545 per thousand cubic meters in October, while Romanian authorities maintain the price of locally made gas at $160, Tuesday said Hilmar more

09.27.2011

Romania has imported natural gas worth a total $8.5 billion between 2004 and 2010, which is “a lot”, Tuesday said Dumitru Chiselita, gas sales director within state-owned gas producer Romgaz. more

09.22.2011

The price of natural gas will grow by 8% for industrial consumers starting October 1, while the price paid by household consumers and thermal power producers will remain unchanged, Romanian energy more

09.15.2011

Shale gas, maybe the most fashionable fuel of the moment, has been on the agenda of the talks between Romanian and U.S. officials during the recent visit of the Romanian authorities to Washington. more

08.29.2011

Romania will be suspended from trading greenhouse gas emission certificates for at least six months, said Environment Minister Laszlo Borbely on Monday. more

08.29.2011

Industrial gas consumers will pay prices higher by up to 10%, most likely starting October, according to agreements between the government and the International Monetary Fund, people close to the more

08.22.2011

The royalties collected by Romania for gross revenue achieved from oil transport and transit will rise to 15%, from 10%, while the royalties for underground gas storage will rise to 5% from 3%, more

07.27.2011

Romanian energy regulator ANRE authorized Gazprom Marketing & Trading, a subsidiary of Russian group Gazprom, to supply natural gas on the local market. more

07.22.2011

Romanian leading oil company OMV Petrom (SNP.RO) reported a 19% increase in natural gas sales to 1.05 billion cubic meters in the second quarter, from 0.89 billion cubic meters in the year-earlier more

07.08.2011

An increase in the natural gas storage capacity in Romania and the rehabilitation of the transport system would require an investment of more than EUR750 million, according to a report of state-owned more

07.08.2011

Romania will launch negotiations with Russian company Gazprom, to increase the volume of gas transited locally to 10 billion cubic meters, from two billion, as well as to increase the quantity of gas more

07.07.2011

Romanian dominant oil company OMV Petrom (SNP.RO) Thursday announced drilling success at its 4539 Totea exploration well in the southwestern region of Oltenia, in what could be the “most important more

07.05.2011

Gabriel Comanescu, owner of offshore drilling company Grup Servicii Petroliere (GSP) and one of the most low-profile Romanian businesspeople, has completed the construction of the around $270 million more