Rompetrol to invest into a new petrochemical unit in Romania
The investment plan of KMG International (Rompetrol group) includes the opening of a new petrochemical unit, sayd the vicepresident of…
Gazprom takes Moldova to court over unpaid gas bill
Gazprom has sued Moldova’s national gas grid operator Moldovagaz in Russia’s International Commercial Arbitration Court demanding payment of US$768.6 million…
OPEC vs US shale showdown is biggest oil risk of 2017, says energy investor
The biggest oil market risk for 2017 is the prospect of a market share war — or at least a…
Shell CEO urges switch to clean energy as plans hefty renewable spending
The oil and gas industry risks losing public support if progress is not made in the transition to cleaner energy,…
Niculae Havrileţ: Liberalization from April 1st, and online comparison service from ANRE
The process of liberalization of the natural gas price produced in Romania, for the consumption of the population and for…
Engie looks for minority pack in RWE’s Innogy
Engie SA is considering an offer for German renewable-energy utility Innogy SE as its majority owner RWE AG weighs strategic…
Lukoil returns to quarterly profit on crude-price recovery
Russia’s No. 2 oil producer reported net income of 46.6 billion rubles ($786 million), compared with a loss of 65…
Nord Stream 2 not of common interest – EU’s Vestager
The Nord Stream 2 gas pipeline which aims to bring Russian gas to Germany under the Baltic Sea is not…
KMG International launches its 2017 Internship Program
KMG International, owned by KazMunayGas Kazakhstan, through its member companies, has launched the 2017 Internship Program, addressed to 141 students…
ACUE: The natural gas market in Romania is not ready for liberalization
The Federation of Associations of Energy Utility Companies (ACUE) fully supports the liberalization of the gas market in Romania with…
KMG Group ups profits due to Romanian sales increase
In 2016, KMG International, member of the National Oil and Gas Company of Kazakhstan – KazMunayGas, improved its technological performance…