AEI: The price of natural gas will remain constant this winter, without syncopes in supply
Bogdan Tudorache Although the natural gas market is undergoing a major transformation and we will see increases in the price…
BSOG and GSP launch MGD project, US ambassador criticizes harshly Russia’s position in the region
Bogdan Tudorache The American company BSOG and Grup Servicii Petroliere launched the MGD project, the first Romanian offshore natural gas…
Romania imported massive amounts of gas on Friday, after OMV Petrom reduced production
Romania’s gas imports amounted to 20% of national consumption on Friday, as OMV Petrom stopped several installations at the Hurezani…
Gas imports increased by 0.4% in the first seven months, production fell by more than 11%
Romania imported, in the first seven months of 2020, a quantity of usable natural gas of 1.116 million tons of…
FP to sell about 25% of its OMV Petrom shares
Bogdan Tudorache The Investment Manager of Fondul Proprietatea (FP) announces the launch of an accelerated bookbuild offering of a base…
Just Transition Fund: MEPs voted in for financing natural gas
The European Parliament voted yesterday the regulation of the Just Transition Fund worth 17.5 billion euro, which will allow the…
Christopher Veit, new member of the Management Board of OMV Petrom
The Supervisory Board of OMV Petrom has appointed Christopher Veit as a member of the Management Board of OMV Petrom…
Virgil Popescu: The price of natural gas this winter will be lower than in 2019
Natural gas has become cheaper in Romania, said Virgil Popescu, Minister of Economy, Energy and Business Environment, offering assurances that…
Austrian officials: Poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of Nord Stream 2 gas pipeline
The poisoning of Russian opposition politician Aleksei Navalny does not jeopardize the future of the Nord Stream 2 gas pipeline,…
IEA expects a slowdown in oil demand in 2020
International Energy Agency (IEA) has worsened its oil demand estimates for 2020 amid reduced air travel, continued long-distance work and…
Ukrainian operator GTSO wants to sign new interconnection agreements with Transgaz
The operator of the Ukrainian gas transmission system, GTSO, intends, for the second half of this year, to sign interconnection…
Vadim Ceban, Moldovagaz: There are requests from some Romanian suppliers, but Gazprom gas is cheaper
Moldovagaz is already receiving requests for cooperation from Romanian natural gas suppliers, but it is currently more convenient for gas…
Orban: We will find the best solution to make the investment from the Black Sea
Prime Minister Ludovic Orban told Austrian investors that they could rely on a partnership with the Romanian government to develop…
Oil prices are falling, there are fears about the recovery of the global economy
Oil prices fell again on Wednesday after a significant decline in the previous session, as rising Covid-19 cases in the…
OMV Petrom and Enel X to install 10 fast charging stations for electric cars in Romanian gas stations
OMV Petrom, the largest energy company in South-Eastern Europe and Enel X Romania will install, in the coming months, in…
Havrileţ: Investors will extract 10% of the country’s gas consumption from the Black Sea next year
Investors will extract 10% of the country’s gas consumption from the Black Sea, starting next year, Niculae Havrileţ, secretary of…
BSOG to extract the first gas from the Black Sea at the end of 2021
Black Sea Oil and Gas (BSOG), a company controlled by the American giant Carlyle and currently the only company that…
Law limiting the number of fuel distributors and abolishing 1,000 companies – contested at CCR
The controversial law recently voted in the Chamber of Deputies, which limits the number of companies on the fuel distribution…
Romgaz and GSP are building a new 200 MW plant
Romgaz, one of the country’s two largest state-controlled gas producers, and GSP Power, part of Grup Servicii Petroliere, controlled by…
Costel Alexe: The expansion of natural gas networks reduces the pressure on Romania’s forests
The Minister of Environment, Waters and Forests, Costel Alexe, said that the extension of the natural gas network in Romania…
Energy Minister: We are glad that Turkey and Bulgaria have found gas in the Black Sea
The global energy sector will turn its attention to the Black Sea, with the recent gas discoveries of Turkey and…
Stab, Engie: The project of the authorities to expand the gas network may pose risks
The project of the gas network extension authorities is similar to the local legend of Master Manole and we must…
Havrileţ: Transgaz can provide Azerbaijan with infrastructure for efficient delivery of gas to Europe
Transgaz can provide Azerbaijan with the infrastructure needed to safely and efficiently deliver Azerbaijani natural gas to the European market,…