EU and Ukraine in tug of war over Naftogaz unbundling
The European Commission has repeated its insistence on breaking up the Ukrainian national gas and oil monopoly Naftogaz, separating transmission…
SOCAR interested in gas distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria, Director of SOCAR Balkan company Murad Heydarov said.…
Energy giants opening natural gas spigots, fueling profit rise
The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits…
ANRE has decided to increase the gas price for households by about 6%
The National Regulatory Authority for Energy has decided to increase by 5.83% on average the natural gas price for households,…
The Ministry of Finance proposes capping the price of natural gas from domestic production for 3 years
UPDATE (July 23, 2018) On Friday, July 20th, the Ministry of Public Finance (MFP) withdrew the project for the capping…
KMG International launched the 18th edition of the Internship Program
KMG International, through its member companies, has launched the 2018 Internship Program, addressed to 160 high-school, license and master degree…
Kraft (ROPEPCA): Romania should encourage investment in the manufacturing industry in order to use its natural gas
The best solution for the using domestic natural gas at home would be for the Government to motivate the industry…
Romania has imported over 3.46 million tons of crude oil in the first five months of 2018
Romania has imported over 3.46 million tons of crude oil (tep), in the first five months of 2018, with 620.100…
Rompetrol encourages the use of electronic billing
Rompetrol Downstream, the company operating the fuel distribution stations of KMG International Group, will run a communication campaign from July…
ALDE wants to change offshore law through an emergency procedure
The Alliance of Liberals and Democrats Party – ALDE spokesman Varujan Vosganian said that there are issues ALDE wanted to…
Berlin is under increasing pressure to pull the plug on Nord Stream 2
Nord Stream 2 is a gas pipeline that would allow Germany to effectively double the amount of gas it imports…
Russia, ready to invest $50bn in Iran’s energy industry
Iran has touted $50bn worth of potential Russian investments in its oil and gas sector as it seeks to deepen…
