Chinese tariffs on US gas exports may shift the global market
China’s threats of new tariffs on $60 billion worth of U.S. imports will create shifts in the energy market, as…
In 2017, Romania had the lowest EU gas price in euro for the household consumers – Eurostat
In 2017, Romania recorded the lowest price in euro for natural gas for household consumers, among EU member states, according…
EU and Ukraine in tug of war over Naftogaz unbundling
The European Commission has repeated its insistence on breaking up the Ukrainian national gas and oil monopoly Naftogaz, separating transmission…
SOCAR interested in gas distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria, Director of SOCAR Balkan company Murad Heydarov said.…
ANRE has decided to increase the gas price for households by about 6%
The National Regulatory Authority for Energy has decided to increase by 5.83% on average the natural gas price for households,…
The Ministry of Finance proposes capping the price of natural gas from domestic production for 3 years
UPDATE (July 23, 2018) On Friday, July 20th, the Ministry of Public Finance (MFP) withdrew the project for the capping…
Kraft (ROPEPCA): Romania should encourage investment in the manufacturing industry in order to use its natural gas
The best solution for the using domestic natural gas at home would be for the Government to motivate the industry…
Rompetrol encourages the use of electronic billing
Rompetrol Downstream, the company operating the fuel distribution stations of KMG International Group, will run a communication campaign from July…
The transaction between KMGI and CEFC has failed
The deal for the takeover of 51% of the shares of the oil company KMG International NV, the former Rompetrol…
Saudi Arabia plans to pump up to 11 million bpd of oil in July, a record high (Reuters)
Saudi Arabia plans to pump up to 11 million barrels of oil per day (bpd) in July, the highest in…
The gas price on the wholesale market will be about 15% higher in December 2018 compared to December 2017
The weighted average price of natural gas from domestic production traded on the Romanian Commodities Exchange (RCE) increased in the…
Valentin Kunev (BBSPA): With gas projects, it is about evolutionary rather than revolutionary changes
Balkan and Black Sea Petroleum Association BBSPA held recently its annual conference in Bucharest, a two days event with over…
GEO 64/2016 becomes law in the form proposed by the Government, sensitive changes have been moved into law 123
Parliament approved by law the GEO 64/2016, a decision welcomed by Energy Minister Anton Anton as a consensus that “strengthens…
New delays threaten investments estimated at USD 22.3 billion
Offshore Law approaches adoption in Parliament. Streamlining the clearance process for the energy projects at the Black Sea would blaze…
