Lukoil to invest in a Nigerian project with Chevron
Russia’s second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major…
Gas price liberalization could be delayed for at least one year
###author### Department of Energy and the National Energy Regulatory Authority (ANRE) study the possibility of delaying with at least one…
Zakonyi Botond: Hungary is an active promoter of the North-South Gas Corridor
Zakonyi Botond, Hungarian ambassador in Bucharest Energy demand in Hungary is primarily covered by fossil fuels like oil products or…
EBRD expands energy efficiency financing with 15 million euro
###author### The European Bank for Reconstruction and Development (EBRD) is providing 15 million euro of new financing to Romania’s Banca…
EBRD injected 700 million euro in Petrom, which spends now 1 billion euro annually
###author### EBRD First Vice President, Phil Bennett, said that EBRD invested about 700 million euro into Petrom over the years,…
Halliburton to buy Baker Hughes for about USD 35 bln
Halliburton Co will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth…
Germany tables ambitious plan to uphold energy efficiency targets
In order to meet EU energy efficiency targets, the German government has tabled a national action plan, including a tendering…
Rompetrol Rafinare increases its revenues and reduces losses
Rompetrol Rafinare increases its revenues and reduces losses Rompetrol Rafinare, a member company of KMG International, recorded a USD 4.33…
The net result of Romgaz, increased by 40% after nine months
Romgaz ended the first nine months of the year with a net profit of 1.114 billion lei, with 317,1 million…
Konieczny, FP: Romania must continue liberalizing energy prices
###author### In Romania reform progress has been slow, particularly in energy and transport sectors, said Greg Konieczny, Templeton Emerging Markets…
ACUE: Only in Romania consumers can switch providers without paying the energy bill
Romania is the only country in Europe which gives consumers the opportunity to change energy suppliers with bills unpaid, according…
Russia supplements gas supplies to China
Russian natural gas supplies to China via the “western route” pipeline could exceed deliveries to Europe in the mid-term perspective,…