Fuel import grew 70% during the first quarter
Fuel import increased by 70% in the first quarter of the year, amid the unfavorable weather conditions in the winter…
Gazprom may leave Turkish gas market, Turkish Stream not affected
Gazprom will adapt the specific operating model on the Turkish gas market for a long-term to changing situation on the…
OPEC is in no rush on deeper oil output cut
OPEC will not rush into making a further cut in oil output or end some countries’ exemptions to output limits,…
An NGO criticizes changes to Gas Law regarding vulnerable consumer
The NGO Center for the Study of Democracy (CSD) criticizes the new measures taken by the Chamber of Deputies’ Industry…
Competition investigates Gaz Sud for a possible abuse of dominant position
The Competition Council announced that it has carried out unannounced inspections at the headquarters of Gaz South and at its…
KMG and Rompetrol: 32 mln. tons of crude through the Black Sea in 10 years
The volume of the unloaded crude by KMG International through the offshore terminal in the Black Sea reached over 32…
Putin to Erdogan: Turkish Stream’s pipe-laying work has started
The Russian president informed his Turkish counterpart of the beginning of the pipe-laying work at the Turkish Stream pipeline’s deep-water…
Mihnea Constantinescu: We have a major institutional problem in regulating natural gas
The Committee for Industries and Services has finalized the Report on the DRAFT of Law on the approval of Government…
Gazprom says the issue that blocked the gas flow to Poland was solved
Russia’s Gazprom said on Thursday a technical issue that caused poor quality gas to be delivered to Poland via the…
Aristotel Jude defends the key provisions in the GEO 64/2016
The Committee for Industries and Services has finalized the Report on the DRAFT of Law on the approval of Government…
Giving up gas storage, a risky price deflator
The abandonment of gas storage will be a solution for reduced pressure on prices, but this will happen in the…
Gazprom’s local gas station network posts losses
Nis Petrol, the company that manages Gazprom’s gas distribution network in Romania, failed to make profit in 2016, recording a…
The European Bank for Reconstruction and Development (EBRD) will launch its Green Economy Financing Facility in Romania
The European Bank for Reconstruction and Development (EBRD) will launch its Green Economy Financing Facility (GEFF) in Romania on Tuesday,…
Mark Wagley (ROPEPCA): Romania has a bright future if it will invest in the O&G sector
By stimulating capital investment in the O&G industry, Romania will both support the activity in sector, and simultaneously increase its…
Bela Kelemen, new president of European Petroleum Refiners Association
Members of the European Petroleum Refiners Association unanimously appointed Dr. Béla Kelemen as President of the Association for the next two-year…
Germany, Austria tell U.S. not to interfere in EU energy policy
While Nord Stream 2 pipe may be exposed to a US ban, Germany and Austria condemned a proposed expansion of…
Florina Sora (NAMR): The development of offshore resources is a priority for the NAMR
The law under which oil concessions were granted is not specific to the offshore field, so improvements need to be…