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…
Black Sea Oil ready to sue Romania over offshore gas field development
Despite announcing last week that it would invest USD 400 million to start natural gas extraction at its offshore field…
Car fuels prices rise by 1% in a week, in Petrom stations
The price of car fuels sold by Petrom climbed by more than 1% as against February 4th, in the fourth…
OMV begins first major offshore project since buying Shell NZ
Austrian-based oil and gas company OMV has begun its first major offshore project since buying Shell’s New Zealand assets for US$578…
Russia’s Gazprom aims to boost its 35% gas market share in Europe
Russia’s gas giant Gazprom aims to further increase its 35-percent market share in Europe, amid higher natural gas demand and…