Emergency Ordinance regarding some measures to implement Council Regulation (EU) 2022/1854 of October 6, 2022
PRESS RELEASE
The new oil and gas sector overtaxation project endangers future investments for Romania’s energy security
RIGC 2022: Europe’s solutions for the energy security and climate crisis, analyzed in Bucharest
September 19, 2022. More than 60 top experts from the industry and prominent representatives at the level of governments, European institutions, and regulatory authorities in the field of energy will gather in Bucharest, between September 21-22, at the 5th edition of the Romanian International Gas Conference (RIGC 2022), annual benchmark event organized by the Oil and Gas Employers’ Federation (FPPG). This year’s edition, which will be held under the theme “Bridge To The Future: From Versailles to Bucharest – Natural gas, the bridge between climate action and energy security”, is held under the High Patronage of the Ministry of Energy and in partnership with the International Association of Oil and Gas Producers (IOGP). In times of energy security challenges, generated by the war in Ukraine and the climate crisis, and ahead of what is expected to be a difficult winter in terms of energy supply, experts will seek to provide solutions that strike the right balance between ensuring the security of energy supply and achieving the ambitious target of net-zero carbon emissions by 2050.
On Oilman’s Day, we celebrate more oilmen in the FPPG family with the addition of FPPG’s newest member, Stratum Energy
On the occasion of Oilman’s Day, FPPG has the honor to once again thank the tens of thousands of people dedicated to this industry, with whose effort and responsibility the beautiful story of hydrocarbon development in Romania is still being written.
FPPG welcomes the EU Parliament’s vote on the new taxonomy for sustainable investment, which argued that natural gas should be included in the taxonomy and therefore considered sustainable by investors.
A majority of 328 members of the European Parliament in Strasbourg voted last week against the European Commission’s objection regarding the delegated act on the Regulation of the taxonomy and therefore in favor of classifying nuclear energy and natural gas as sustainable. Until now, natural gas had been excluded by most sustainable investors, which has contributed to deepening the EU’s dependence on Russian gas, a situation that has become unacceptable following the escalation of aggression in Ukraine.
FPPG welcomes the governing coalition’s initiative to reintroduce Offshore Law in parliament, essential requirement for Romania’s energy security
The Oil and Gas Employers Federation (FPPG), an organization that brings together the main producers of natural gas, which covers over 98% of domestic production, welcomes the reintroduction of the Offshore Law in the parliamentary circuit. This first step is essential to ensure the competitiveness and stability of the fiscal regime while respecting the mechanisms of a free gas market, and which, if implemented, would allow the start of strategic investments in the production of Black Sea resources. Unlocking these legislative changes is indispensable not only for Romania’s energy security, but also for the regional one, especially in the new context of sanctions against Russia. FPPG members are currently assessing the proposed amendments, both those discussed for a long time in the public space, as well as novelty elements and their impact on natural gas developments in the Black Sea. FPPG’s consolidated position will be outlined in the near future.
FPPG becomes the voice of Black Sea concession holders after Black Sea Oil & Gas, the new-est member, joined the federation
The Petroleum and Gas Employers’ Federation is pleased to announce that its members have received Black Sea Oil & Gas SA (BSOG), one of the most important companies in the Romanian offshore sector. Therefore, FPPG continues its consolidation, even in 2022, completing the entire picture of the Romanian upstream sector both onshore and offshore. The natural gas in the Black Sea is closer to use thanks to BSOG, whose recent accession honours all members of the federation.
Oilman Day: Oil and gas industry continues the efforts to support the modernization of Romania
PRESS RELEASE
September 8, 2020
On the occasion of Oilman Day, FPPG thanks the tens of thousands of dedicated people in the industry. Despite the major restrictions generated by the pandemic, they were permanently on duty and provided absolutely vital energy resources for the Romanian economy. Happy Anniversary!
PRESS RELEASE – August 4, 2020
In the context of the latest information in the public space, The Oil and Gas Employers’ Federation (FPPG) would like to take this opportunity to reiterate the major importance of strategic projects in the energy field, especially BRUA – Bulgaria-Romania-Hungary-Austria interconnector.
PRESS RELEASE – Oilman’s Day – september 8, 2019
The Romanian oil and gas industry
September 8th, the Oilman’s Day: On their anniversary, oilmen demand public policies to encourage investments in the sector, to increase the role of industry in the development of the national economy and for the efficient protection of vulnerable energy consumers. The Romanian oil and gas sector once again calls on the Parliament and the Government to ensure a transparent, stable and predictable regulatory framework for the benefit of consumers, the state and investors.
