Tag: OMV Petrom

ExxonMobil reported losses from the Romanian Black Sea operations – Romania, 21 July 2016

US oil company ExxonMobil announced that its Romanian subsidiary recorded a loss of 72 million euros in 2015, compared to 65 million euros loss in 2014 and 11.6 million euros loss in 2013. Since 2008, ExxonMobil Exploration and Production Romania has been exploring large offshore perimeter in the Romanian part of the Black Sea, in […]

Gas market investigation launched after a complaint from Hungarian company – Romania, 8 July 2016

According to the Romanian media, the Directorate-General for Competition of the European Commission (EC) has launched an investigation of the Romanian gas market after a complained from one Hungarian company. EC investigation is targeting three gas companies in Romania (Transgaz, Romgaz and OMV Petrom), but mostly natural gas transmission system operator Transgaz, because for many […]

EC investigation on domestic gas market is extremely serious – Romania, 7 July 2016

The head of the Prime Minister’s Control Body Valentin Mircea said that the European Commission’s (EC) investigation on natural gas market in Romanian is extremely serious and the allegations against three large players on the market Romgaz, Transgaz and OMV Petrom are serious as well. Mircea added that the EC will probably send a preliminary […]