KMGI plans to invest billions of dollars in Romania, funded by China Energy Company
KazMunayGas International plans to make billions of dollars worth investments to improve assets in Romania, but also to acquire new…
Israeli gas could be delivered to Balkans via Turkey
Turkey’s Energy Minister Berat Albayrak is set to visit Israel by the end of this year to conclude an agreement…
Russia’s Gazprom: U.S. sanctions may delay Nord Stream 2, Turkish Stream
Potential new U.S. sanctions against Moscow may delay some of Gazprom’s projects, including Nord Stream 2 and Turkish Stream gas…
Oltchim buys natural gas worth 7 mln. Euro from Romgaz
Oltchim Ramnicu Valcea, which has declared insolvency, has acquired gas from Romgaz through a contract worth 33.15 million lei (about…
Saudi Aramco to inject 300 bln. USD in its oil and gas opps
Saudi Aramco plans to invest some $300 billion in the coming decade to maintain its oil production capacity, and pursue…
The major objective of CONPET is regional interconnection with EU Member States
Conpet, the National Transport System Operator (NTS) through oil pipelines of oil, condensate and gasoline, represents Romania at the World…
Gazprom reviving “mini South Stream” in Balkans
Gazprom has signed “road maps” with Bulgaria, Serbia and Hungary to develop a pipeline for deliveries of gas from a…
Chimcomplex forms a trust for taking over Oltchim
Chimcomplex has made a last-day bid for Oltchim and claims to receive support from the 6 billion dollars in turnover…
Romgaz sells CET Govora gas worth 7 mln. euro
Romgaz, one of the two largest gas producers in Romania, concluded a 32,33 million Lei agreement, including VAT (about 7…
Iohannis: We must take advantage of all the energy offers in the market
Romania wants a North-South corridor for transportation, but also for natural gas, to cross Romania, mentioned President Klaus Iohannis, in…
OMV Petrom resumes operations at the Brazi power station
OMV Petrom resumed operations at its Brazi power plant, but it will still operate at half of the capacity, respectively…
Armax Gaz Medias enters insolvency with debts worth 24 mln. euro
On July 3rd, the Sibiu Court admitted Armax Gaz Mediaş’s application for insolvency. The company with a history of 100…
Gas imports more than double over the small import prices
Romania imported between January and April 2017 542.100 tons of oil equivalent (tep) of usable natural gas of, with 251,1%…
Spanish Repsol and Gazprom set up joint venture
Spain’s Repsol has established a joint venture with Gazprom Neft after selling a 25 per cent stake in its Evrotek-Yugra…
Chiritoiu: There should be a compensation mechanism for BRM
Moving the gas ring from the Romanian Commodities Exchange (BRM) to the OPCOM market should imply a compensation mechanism, Bogdan…
AGRI project will continue with EU money – Tudorache
The Ministry of Energy will ask for the inclusion of the AGRI gas interconnector on the list of projects of…
Breathing time for BRM gas ring, transactions explode
Romanian Commodities Exchange (BRM) may continue trading natural gas until autumn, when it is expected that OPCOM, the electricity market,…