The boldest oil price predictions for 2017
Predicting where oil prices would go next month or next year has always been a game of hit and miss,…
Legislative changes for local and regional energy security (Varinia Radu, CMS România)
VARINIA RADU Partner CMS, Head of Oil&Gas in Central and Eastern Europe Romania has the largest reserves of natural gas…
When will we fully liberalize the gas market?
The Government issued an emergency ordinance making two amendments to the gas law. The first amendment refers to article 124,…
Experts advocate for a systematic geologic research of the Romanian unconventional resources
Romania has a quite large inventory of unconventional continuous plays in the Paleozoic, Mesozoic, and Cenozoic periods mainly in the…
First commercial announcement from the Black Sea – end of 2017, at best, first gas in 2019
At least 5 promising discoveries have been made in recent years at the Black Sea, starting from 2008, still no…
Lukoil and Conpet sign a new 62 million lei deal
Conpet will transport Lukoil’s oil next year in a contract of about 62 million lei, according to a notification submitted…
US natural gas market suggests a spectacular comeback of prices (Mihai Nichişoiu, Tradeville)
Mihai Nichisoiu – Senior Broker Tradeville Apparently, not much is happening. In the US, the natural gas quotes in the…
Victor Grigorescu, minister of Energy: Our mission is to maintain Romania’s energy balance and security
With a little while before the expiry of the one year mandate of the leading team at the Ministry of…
Gazprom expects 2017 investment program worth USD 14.7 Bln.
The amount of financing of the Gazprom investment program in 2017 will total USD 14.73 billion, according to official company’s…
EU, EIB and EBRD offer 92 million euro for the Moldovian gas pipe
In a joint effort to strengthen Moldova’s energy security, the European Union (EU), the European Bank for Reconstruction and Development…
Oil Terminal looks for a general director and a financial director
Oil Terminal, the company that operates the oil terminal in Constanta, looks for CEO and CFO, announced the recruitment company…
KMGI will rise Romanian refining capacity to 10 million tons a year
The National Company KazMunayGas Kazakhstan and China Energy Company Limited want to increase their refining capacity at 10 million tons…
U.S. oil industry cheers Trump energy pick, seeks gas export boost
The U.S. oil and gas industry on Wednesday welcomed President-elect Donald Trump‘s choice of former Texas Governor Rick Perry to…
Transaction between CEFC and KazMunayGas entered the final stage, according to the majority shareholder of Petromidia
The negotiations between the National Company for the oil and gas sector of the Republic of Kazakhstan KazMunayGas KMG (CN)…
New oil agreements between Iran and Gazprom
Iran signed preliminary agreements with Russia’s Gazprom on Tuesday to develop two major oil fields in the latest of a…
There are much more investments needed for the Bulgarian gas pipe to work
The Bulgarian-Romanian gas pipe needs more investments to work, say sources consulted by energynomics.ro. The flow of gas through the…