Economy Ministry: Transgaz doesn’t give up the buyout of Moldovian gas operator
The Ministry of Economy continues to support Transgaz’s takeover of Moldova’s Vestmoldtransgaz gas operator, and the vote in the company’s…
Italy declares state of emergency after the Austrian gas terminal explosion
Italy has declared the state of emergency regarding energy supplies after the explosion at the Baumgarten gas terminal in eastern…
15 years of business for Rompetrol in Bulgaria and Moldova
The KMG International Group is celebrating 15 years of Rompetrol brand presence in the Republics of Moldova and Bulgaria. “The…
Diesel war goes on: BMW rejects allegations
BMW has denied that engine management software shut off a system filtering nitrogen oxides (NOx) emissions in some of its…
Gazprom’s gas production grows by 12% in 2017
Gazprom expects natural gas production to be 470 bln cubic meters in 2017, Chief Executive Officer of the company Alexei…
Bulgaria on collision course with EU in gas monopoly case
At a secret session on Saturday (24 November), the Bulgarian Parliament decided not to recognise the European Commission’s positions with…
Poland reduces its Russian gas dependence and signs in the Americans
Poland’s dominant gas firm PGNiG has signed its first mid-term deal for liquefied natural gas (LNG) deliveries from the United…
Gazprom speaks out against OPEC production cut extension
While OPEC is said to be mostly leaning toward a 9-month extension of the production cuts, Russia’s Energy Minister Alexander…
Mexico to liberalize fuel prices one month earlier
Mexico will liberalize fuel prices nation-wide on 30 November, moving ahead by 30 days plans to remove price caps in…
MOL gets a newly upgraded investment grade rating from S&P
MOL group has been upgraded to BBB- investment grade long-term credit and issuer rating with stable outlook by Standard and…
OMV Petrom doubled its net profit in the first nine months of 2017, compared to 2016
The OMV Petrom Group reports a net profit of 1.84 billion lei after the first nine months of the year,…
Fossil fuels will be main energy source for decades – OPEC
OPEC says growth in global oil demand will steadily lessen from an annual average of 1.3 million barrels a day…
E.ON has supply offers on the platform of the most important online store in Romania – emag.ro
E.ON launched a new channel for household customers in a dedicated section in the eMAG platform. According to the energy…
KMG International’s profit up six times
KMG International, historical records in the first 9 months of 2017 KMG International (KMGI) has recorded a net profit of…
Oil rises to the highest level of the past two years
The Brent oil barrel rose on Monday at the ICE Futures London stock exchange to $ 62.46, the highest level…
