Alexey Miller and Rainer Seele seal the deal for Nord Stream 2 pipeline
Alexey Miller, the CEO of the Russian energy giant Gazprom met Rainer Seele, the head of Austria’s OMV energy company,…
Bulgartransgaz: yearly capacity allocation procedure will take place on March 6
Bulgartransgaz highlighted that it is offering of bundled year capacity at IP Kulata/Sidirokastro in reverse flow direction, transfer point between…
Gal, ANRM: In March, a new methodology for the reference price for gas
The government could approve this spring a new methodology for calculating the reference price for natural gas, said Sorin Gal,…
US has trouble finding enough fracking sand, as production grows
Demand for frac sand has surged in recent weeks as U.S. producers rush back to the oil patch, stoking concern…
Net income declined (23%) in Rompetrol Rafinare, while the operating profit climbed by 62%
Depressed prices for oil products impacted seriously the net profit made in 2016 by Rompetrol Rafinare, a company member of…
Gazprom additional share purchase values Nord Stream 2 at 1.5 bln USD
The board of directors of Russia’s state-run energy company Gazprom has approved the purchase of additional shares in the Nord…
Oil overhang points to need for extended OPEC output cuts
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing…
Gazprom requests Russia’s gov’t partially liberalize gas market
Russia’s energy giant Gazprom asked the Russian government in 2016 to take steps aimed at partial liberalization of natural gas…