The Russian Gazprom helped Interagro Group when local gas producer Romgaz did not want to supply gas to the company and local banks refused to provide…
With a stable outlook of Transgaz, a Romanian natural gas transmission system operator, Rating agency Fitch said that it has affirmed BBB- long-term issuer default rating…
The Romanian Competition Council approved SOCAR’s lease of Ipeco stations. The authorized transaction is for SOCAR Petroleum, a Romanian subsidiary of the State Oil Company of…
OMV Petrom’s hydrocarbon production dropped by 2.64 % year-on-year in the second quarter of 2020, reaching 147,300 barrels of oil equivalent per day. OMV Petrom is…
Over the period of next two years, Romanian coal-based electricity producer Energy Complex (EC) Hunedoara will import some 0.2 million tons of coal. The company’s coal…
In order to finance the necessary working capital for the ongoing projects, Romanian natural gas transmission system operator Transgaz plans to borrow some 60 million euros…