RWEA presses Romania in Brussels to return to the original support scheme
Romanian Wind Energy Association (RWEA) submitted to the European Commission (EC) a complaint against Romania, on behalf of over 100…
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Ukraine, Romania to sign gas trade agreement in October
The Ukrainian Government wants to import natural gas from Romania, and a trade agreement in this sense might be signed…
Brent crude stays above 109 dollars
Brent crude oil hovered near 110 dollars a barrel on Thursday as upbeat data from Europe and China kindled hopes…
Russian Stroytransgaz to build overland balkan sections of South Stream
Russian company Stroytransgaz is preparing to sign contracts for the construction of the overland sections of the South Stream gas pipeline on the…
US experience in gas and smart grid, not available for Europe
###author### In the last few years US registered a boom in natural gas production, from shale gas deposits exploitation. Of…
Ukraine region rejects Chevron shale gas deal draft
A local council in Western Ukraine voted against a draft production-sharing agreement with Chevron. The draft received critics that essentially…
Power and Utilities Q2 Global Deals Reached USD 33 billion
Q2 2013 emerged as an exciting quarter for the global power and utilities (P&U) sector. While volume remained flat, there…
The largest US bank is being investigated for manipulating power prices
US Department of Justice decided to investigate JP Morgan bank under the accusation it gamed the prices in the electricity…
Increased Profits for the State Energy Giants Ahead Stock Exchange Listings
Only three of the energy companies entered the top 10 most profitable companies listed on Bucharest Stock Exchange, based on…
Transgaz and OMV lend 7.5 million euros to Nabucco
Romanian state-run natural gas transporter Transgaz and Austrian oil and gas company OMV AG will provide a loan of up…
OMV pays a record 2.65 billion dollars for Statoil North Sea oil fields
Norway’s Statoil has sold to OMV 19 percent of Gullfaks oil field, 24 percent of Gudrun and agreed optional cooperation…
Exports of U.S. oil,gas and coal have doubled in the last three years
US exports of petroleum and petroleum derivatives, natural gas and coal have doubled in the last three years, reaching 110.2…
Atlas Copco Buys British Vacuum-Pump Maker Edwards for $1.2 Billion
Swedish engineering group Atlas Copco said on Monday it would acquire British industrial technology firm Edwards Group for up to…
Romania may use its relationship with Poland for the regional integration of its gas market
###author### Romania has the benefit of having a balanced energy mix, and the perspectives for development of an enlarged pool…
energynomics.ro Enters Partnership with BRIDGE to Encourage British-Romanian Businesses
All the editorial content available on www.energynomics.ro will be even more accessible for the British companies after partnership that will…
OMV Petrom to turn into oil storage facilities a part of Arpechim storage installations
OMV Petrom CEO Mariana Gheorghe said the company will transform a part of Arpechim Pitesti refinery in an oil deposit.…
Coal-based power plants remain the preferred power producers for the world’s major economies
###author### States and international organizations have recently made announcements that they decided to withdraw their support for the operation or…
OMV Petrom’s First-Semester Net Income Increases 18 Percent; Sales fall 5 Percent
OMV Petrom SA, Romania’s biggest oil company, said its first-semester profit rose 18 percent because of stable production. Net income…
OMV Petrom close to start preliminary works at Skifska field
A Ukrainian senior official says that a production sharing agreement (PSA) could be signed in the next three months to…