OMV, Exxon and Austria – main losers of BRUA deviation, according to ICIS
While watching Hungarian authorities offering Gazprom a new deal on a platter, Americans of Exxon, that exploit new Black Sea…
OPEC moves to cap Nigerian oil output, boost compliance
OPEC moved on Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts…
EU court reinstates Gazprom’s extra access to German Opal natural gas link
Russia’s Gazprom will soon be able to bid for up to 12.8 Bcm/year of extra capacity in Germany’s 36.5 Bcm/year…
EC and Transgaz announce that BRUA will not be affected by Hungary’s blockage
Following Hungary’s decision not to participate in the construction of the BRUA gas pipeline, the Romanian national operator Transgaz announced…
Bogdan Chiritoiu: 2017 – the most intense year for Competition Council
The Competition Council has the most intense activity this year, both in terms of the carried out investigations and those…
Rompetrol Rafinare announces new multi-million USD contracts with KazMunayGas
Rompetrol Rafinare (RRC) announced the conclusion of new contracts. Thus, RRC acquired from KazMunayGas Trading AG (parent company’s subsidiary) oil…
MOL, Evonik and thyssenkrupp are investing in a new project worth more than 1 billion euro: Poliol
Half a year after the announcement of the 2030 strategy, MOL Group has reached an important milestone in its industrial…
Romania, Bulgaria, Greece and Hungary promise to work for the Vertical Gas Corridor
Transgaz, a company controlled by the Ministry of Economy, signed on Wednesday the memorandum regarding the Vertical Gas Corridor that…
OMV Petrom invests 60 million euro in Petrobrazi’s new poly-fuel unit
OMV Petrom has started works on the new Petrobrazi refinery’s poly-fuel unit. The new unit will allow conversion of LPG…
Gazprom exported 22% more gas to Turkey until mid-July
Russia’s Gazprom exported 22 percent more gas to Turkey on January 1-July 15, the energy giant said Tuesday. During that…
The lack of clarity and predictability of the regulatory environment in the gas field persists
The lack of clarity and predictability of the regulatory framework for natural gas persists, with negative impact on both the…
BRM demolishes arguments for ceding the gas exchange, denies keeping just part of trades
The Romanian Commodity Exchange (BRM) leadership disagrees with the proposals according to which the gas ring is to be given…
Fondul Proprietatea disputes the corporate governance policies of ENGIE Romania
Franklin Templeton, investment manager of Fondul Proprietatea (FP), announces that the Fund, acting as shareholder of ENGIE Romania SA, previously…
Gazprom seen a 19% increase in gas output since the beginning of the year
Gazprom has increased gas production since the start of the year by 18.8 percent to 248.8 billion cubic meters, in…
Russia sanctions bill stalled by GOP over energy provisions
House Republicans are throwing up new roadblocks to a Russia and Iran sanctions bill over concerns from the energy industry…