Gazprom looks to attract $14b for Russia’s biggest gas processing plant
Gazprom is in discussions with banks as it looks to attract in 2020 project financing of US$14 billion for the…
Saudi energy minister: Russians promised me they’d ‚pick up the pace’ on OPEC cuts
Saudi Arabia’s energy minister is hoping Russia will pull its weight on recently agreed OPEC oil production cuts despite its…
The U.S. is set to become a major net energy exporter
This month the Energy Information Administration released its Annual Energy Outlook (AEO) 2019 with projections to 2050. The purpose of…
Denisson Energy gets a $ 2 million bridge loan from FREE for developing CNG stations
The Romanian Energy Efficiency Fund – FREE has granted a $ 1.96 million bridge loan to Denisson Energy (Sibiu) to…
Russia uses gas as a lever for annexation, says Ukraine official
Russia has no interest in finding a compromise in the EU-mediated Ukraine gas transit talks and is using energy as…
Diesel prices rise for the third week in a row, gasoline price under 5 lei/liter in Constanța alone
The price of diesel has risen for the third week in a row, this time by around 0.2%, at Petrom…
Romgaz and SAPE intend to build a new gas and electricity supplier
Romgaz, one of the two largest gas producers in Romania, will build a joint-stock company in association with the the…
Russians owe more than USD 450mln. in gas debt, Gazprom says
Customers across Russia owe a regional subsidiary of the Gazprom gas giant 30.1 billion rubles ($455 million) in accumulated debt,…
Energy Union: EU invests a further €800 million in priority energy infrastructure
EU Member States voted on a Commission proposal to invest almost €800 million in key European energy infrastructure projects with…
ROPEPCA members expect a steep decrease in money collected to the state budget and increased jobs insecurity
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) comes back to the public attention on the negative consequences that…
US shale’s full impact still hasn’t hit oil markets, IEA director says
Shale oil’s impact will have “huge implications” for global energy markets for many years, Fatih Birol, executive director at the…
Capping gas and power prices and the new charging regime may jeopardize Romania’s energy independence
Romania’s economy is now heading for an uncertain future, warns Johan Meyer, CEO Franklin Templeton Investments Bucharest. Unexpected tax changes…
Swiss court cancels arrest of Gazprom-owned Nord Stream Shares
A Swiss court ruled to cancel its previous ruling to arrest Russian energy giant Gazprom’s shares in Nord Stream and…
Diesel prices rise, gasoline’s drops slightly
The price of diesel has risen for the second week in a row, this time with more than 1.5%, at…
Gazprom, Georgia plan to agree on gas transit to Armenia in 14 days — minister
Georgia expects to complete talks on a new deal with Gazprom on the transit of Russian gas to Armenia within…