Gazprom gas exports to Romania, up 11% in 2018
Russia’s Gazprom increased its natural gas exports to Southeast Europe (SEE) by 1.2% to 12.482 billion cubic metres in 2018,…
MOL Group 2018 Results: Highest EBITDA since 2011, up 10%
MOL increased its EBITDA by 10% comfortably beating its upgraded 2018 target as Upstream and Consumer Services continued to significantly…
Minister of Energy promises to build a wind-gas storage system at CE Oltenia
Energy Minister Anton Anton said on Thursday in Craiova that the “most interesting” system for storing electricity in wind-powered gas…
Gazprom Neft 2018 net profit up 49%, oil output to rise 2% in 2019
Russian oil producer Gazprom Neft announced an about 49% profit rise and says it expects its oil output to go…
Bulgaria OKs transfer of 20% of offshore block exploration rights from Shell to Repsol
Bulgaria’s government said on Wednesday it approved the transfer of 20% of the exploration rights on offshore Block 1-14 Khan…
Diesel price rose by almost 7% in 2019
The price of diesel sold by Petrom climbed by more than 1% as against February 11th, in the sixth week…
Romania’s Transgaz and Romgaz 2018 profit drop
Romanian gas transmission company Transgaz [BSE:TGN] said on Friday its 2018 net profit fell 14% on the year to 498.9…
Romgaz: 2018 net profit declined by 22%, production and investment grew
Romgaz recorded a net profit of 1.4 billion lei in 2018, 22% less than in 2017, with a turnover of…
Havrileţ: GEO 114 was requested by households gas suppliers
Power and as suppliers for household customers are those who have requested adoption of GEO 114/2018 and they benefit from…
FT: Nord Stream 2 marks a failure for EU energy policy
The EU has agreed to tighten its rules on natural gas pipelines — in a way that may force a…