Shell sees oil demand peaking by late 2020s as electric car sales grow
The world’s oil consumption could peak as early as the end of the next decade as electric vehicles become more…
Germany, steering clear of diesel bans, plans city transport fund
Germany’s transport minister announced plans on Thursday for a fund to help cities modernize their transport systems and reduce pollution,…
Romania approves China Energy bouyout of Rompetrol
KMG International Group (KMGI) announces the recent decisions of the Romanian authorities approving the transaction signed at the end of…
OMV, Exxon and Austria – main losers of BRUA deviation, according to ICIS
While watching Hungarian authorities offering Gazprom a new deal on a platter, Americans of Exxon, that exploit new Black Sea…
OPEC moves to cap Nigerian oil output, boost compliance
OPEC moved on Monday to cap Nigerian oil output and called on several members to boost compliance with production cuts…
Romania, Bulgaria, Greece and Hungary promise to work for the Vertical Gas Corridor
Transgaz, a company controlled by the Ministry of Economy, signed on Wednesday the memorandum regarding the Vertical Gas Corridor that…
The lack of clarity and predictability of the regulatory environment in the gas field persists
The lack of clarity and predictability of the regulatory framework for natural gas persists, with negative impact on both the…
BRM demolishes arguments for ceding the gas exchange, denies keeping just part of trades
The Romanian Commodity Exchange (BRM) leadership disagrees with the proposals according to which the gas ring is to be given…
Fondul Proprietatea disputes the corporate governance policies of ENGIE Romania
Franklin Templeton, investment manager of Fondul Proprietatea (FP), announces that the Fund, acting as shareholder of ENGIE Romania SA, previously…
Gazprom seen a 19% increase in gas output since the beginning of the year
Gazprom has increased gas production since the start of the year by 18.8 percent to 248.8 billion cubic meters, in…
KMGI plans to invest billions of dollars in Romania, funded by China Energy Company
KazMunayGas International plans to make billions of dollars worth investments to improve assets in Romania, but also to acquire new…
Gazprom reviving “mini South Stream” in Balkans
Gazprom has signed “road maps” with Bulgaria, Serbia and Hungary to develop a pipeline for deliveries of gas from a…
Competition investigates Gaz Sud for a possible abuse of dominant position
The Competition Council announced that it has carried out unannounced inspections at the headquarters of Gaz South and at its…
Mihnea Constantinescu: We have a major institutional problem in regulating natural gas
The Committee for Industries and Services has finalized the Report on the DRAFT of Law on the approval of Government…
Aristotel Jude defends the key provisions in the GEO 64/2016
The Committee for Industries and Services has finalized the Report on the DRAFT of Law on the approval of Government…
