Lukoil stops supplying oil to Hungary after Ukraine tightened sanctions
Hungary and Russia are looking for a solution so that the Russian oil group Lukoil PJSC can resume oil deliveries…
Rompetrol Rafinare completes a new investment worth USD 13 mln.
Rompetrol Rafinare, a KMG International Group (Rompetrol) member company, has recently finalized modernizing the Delayed Coking Unit (Cx) of the…
Turkey to increase EU gas exports if the level of demand is guaranteed
Turkey is ready to sell more natural gas to the European Union, but wants long-term commitments that justify the necessary…
Suppliers request the start of preparations for the re-liberalization of the electricity and natural gas market
The Romanian Energy Suppliers Association – AFEER requests the authorities to urgently start preparations for the re-liberalization of electricity and…
Bulgaria: Bulgargaz could transfer part of BOTAS agreement rights to third parties
An informal agreement was reached on the possibility of Bulgargaz offering for transfer part of the rights under its agreement…
IEA: Oil demand growth continues to slow
Oil demand growth continued its slowing trend in the second quarter of this year, registering an increase of 710,000 barrels…
MET Group signs long-term deal with Shell to supply US LNG
Swiss company MET Group has concluded a FOB (Free-On-Board) purchase agreement for long-term liquefied natural gas by signing a 10-year…
Lóránt Antal: Electricity consumption decreased by 8%, and gas consumption by 21%, in the last three years
Romania’s electricity consumption decreased by 8%, and natural gas consumption decreased by 21% in the last three years, said the…
Ukraine discusses sending natural gas from Azerbaijan to the EU
Ukraine is discussing the sending of natural gas from Azerbaijan to the European Union, in the context of which it…
Petromidia Refinery celebrates 45 years of activity
Petromidia Refinery, one of the most important refineries in the region and the largest profile unit in the country, is…
ANRM changes into the National Regulatory Authority in the Mining, Petroleum and Geological Storage of Carbon Dioxide (ANRMPSG)
The Government established, on Friday, through an emergency ordinance, the National Regulatory Authority in the Mining, Petroleum and Geological Storage…
Republic of Moldova also relies on Bulgaria for security of energy supply
During the discussion with his Bulgarian counterpart, Vladimir Malinov, the Minister of Energy from the Republic of Moldova, Victor Parlicov,…
Construction of Germany’s first land-based LNG terminal has begun
The Hanseatic Energy Hub (HEH) consortium, in which the Spanish energy infrastructure operator Enagas has a 15% stake, on Friday…
Russia will temporarily lift restrictions on gasoline exports
Russia will allow refineries to continue exporting gasoline for another month because the domestic market remains well supplied, reports Bloomberg.…
OMV Petrom: Biofuel deal that could bring Expur about 750 mln. euro in six years
OMV Petrom and Expur concluded a contract for the purchase of pre-treated vegetable oil intended for the production of diesel…
ANRE approves a 19% increase of regulated gas distribution tariffs
ANRE approved the regulated natural gas distribution tariffs applicable to natural gas consumers benefiting from the distribution service, starting from…
Investment of 10 mln. USD at Petromidia Hydrogen Plant
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), has renewed the Hydrogen Power Plant (HPP) in the Petromidia…
Petrobrazi Refinery: Investments of over 2 bln. euro by 2030
The Petrobrazi refinery is celebrating its 90th anniversary, OMV Petrom announced. Petrobrazi will continue to play an essential role for…
The energy market must be left to adjust itself
The energy market needs, in the current context, a balance that should be achieved through the market’s own mechanisms, without…
New energy strategy aims to ‘accelerate decarbonization’ of national energy system
Romania’s future energy strategy will be based on three main pillars: renewables, nuclear energy and natural gas. The new strategy…
Antal Lorant: Time for the EU to rethink its energy transition
The elections that have just ended were important because they showed that the voices that wanted to ban the exploitation…
Romania is Moldova’s gateway to Europe
Romania is the gateway to the EU and Moldova’s connection to the European energy market, said Moldovan Energy Minister Victor…
BRM: Moldova’s natural gas market is still under construction
The natural gas market in the Republic of Moldova is still in the construction phase and all the players involved…