New Directors and New President for The Petroleum
The first changing of the guard of the Petroleum Club of Romania
occurred on April 28th at the “Casa Petrolistului” in
Bucharest, a familiar location for important oil and gas events
for the past 75 years, when the members elected a new Board of Directors.
Its president Andrew Costin led the election, assisted by founder
James Angelus and two board members Joel Maes (Shell Romania) and
Philip Stephenson (Rompetrol).
Andrew Costin served as president for two years since the
Club was first established, and continues to have Prime Minister
Adrian Nastase as its honorary president. The Club is notable for
its industry seminars and social events, following a 100-year old
tradition that began in Texas. Explaining his decision to make way
for a new president, Costin said “it is time for this young
club to have someone more directly involved in the oil and gas business
in the lead.”
The meeting opened with warm personal
introductions by each member present, representing a wide variety
of executives from the industry – upstream, midstream, downstream
– and others in related fields such as insurance. A notable
but welcomed exception was Valeriu Costea, Trade Development Officer
for the Canadian Embassy.
Prior to the vote the members approved two resolutions regarding
the five available seats on the Board, one of which will serve as
the new president who will be chosen by the directors and another
will be reserved for a representative of Petrom. Mr Mihnea Spataru
from Air France provided some insight into the airline’s famous
“Petroleum Club” for traveling people in the oil and
gas business, and proposed a close working relationship with Petroleum
Club of Romania.
Of the six candidates in the running, the following four people
• Andrew Costin, Senior Associate
Lawyer Haarmann Hemmelrath
• Gheorghe Tucu, Country Manager, Honeywell
• Karina Rosu, Global Accounts Executive KaRo
• Bogdan Popescu, Senior Vice President Upstream, Rompetrol
There was a general discussion about
the plans for 2004, with a proposal generated by Costin Neagu, the
new Events Manager for the Club to replace Luiza Stanescu who now
works with Rompetrol. Some of the proposals include “Risk
Management and Insurance for the Oil and Gas Industry”, “Connections
and Cooperation – Pipelines, storage, and distribution”,
“The Refining and Processing Industries – Can Romania
be competitive again?” The final calendar for 2004 will be
made by the new Board after the election of the new President in
the near future.
The meeting adjourned with congratulations to the new directors,
followed by the traditional cocktail party and buffet for the members.
At the first meeting of the new Board the Directors elected Mr Bogdan
Popescu, Senior VP Rompetrol, as President of Petroleum Club.