CEFC is interested on developing KMG International operations
A CEFC (China Energy Company Limited) delegation along with executive management members of KMG International (KMGI) had a series of…
Purice, BRM: About 20-25% of Romania’s population in need of subsidized gas
A possible liberalization of the gas market will result initially in a slight increase in the tariff, but in the…
Romania imported 42% more oil in January
Romania imported in January 2017 a quantity of crude oil of 729,900 tonnes of oil equivalent, with 218,100 toe (42.6%)…
Metea (Romgaz): Gas market liberalization is a challenge
For Virgil Metea, general manager of Romgaz, the liberalization is a challenge. “From a personal point of view, the liberalization…
Gazprom takes Moldova to court over unpaid gas bill
Gazprom has sued Moldova’s national gas grid operator Moldovagaz in Russia’s International Commercial Arbitration Court demanding payment of US$768.6 million…
Niculae Havrileţ: Liberalization from April 1st, and online comparison service from ANRE
The process of liberalization of the natural gas price produced in Romania, for the consumption of the population and for…
Lukoil returns to quarterly profit on crude-price recovery
Russia’s No. 2 oil producer reported net income of 46.6 billion rubles ($786 million), compared with a loss of 65…
Nord Stream 2 not of common interest – EU’s Vestager
The Nord Stream 2 gas pipeline which aims to bring Russian gas to Germany under the Baltic Sea is not…
ACUE: The natural gas market in Romania is not ready for liberalization
The Federation of Associations of Energy Utility Companies (ACUE) fully supports the liberalization of the gas market in Romania with…
KMG Group ups profits due to Romanian sales increase
In 2016, KMG International, member of the National Oil and Gas Company of Kazakhstan – KazMunayGas, improved its technological performance…
Saudi oil minister says oil market fundamentals are improving
Saudi Energy Minister Khalid al-Falih said on Tuesday that oil market fundamentals were improving after an agreement struck with top…
Gazprom: Europe’s appetite for gas, bigger by 5%
Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the…
Black Sea Oil and Gas Conference returns to Romania – energynomics.ro is among the supporters
The leading regional event for oil and gas projects is back again in Romania, on 25 – 26 October at Intercontinental Hotel.…