Russia may cut its oil output by 10%
Russia may see a natural decline in oil output by around 1 million barrels per day (bpd) at most but…
Ministry of Energy: Government resumed talks on the Rompetrol Memorandum
###author### The government has resumed talks with KazMunayGas on Rompetrol memorandum, particularly relating to the creation of the Romanian-Kazakh investment…
Oil-driven Russia downturn negatively affects emerging economies
###author### The average European Bank for Reconstruction and Development (EBRD) growth is now seen negative for 2015, while oil price…
Efficiency in the Energy Supply & Consumption, Energy Breakfast Club (February 11)
On Wednesday, February 11, from 9 A.M., at Godot Cafe in Bucharest, energynomics.ro proposes a new informal meeting for you…
How much the gas prices offered for non-household customers increased from January 1, 2015
The gas market liberalization for non-household customers from 1 January 2015 determined the gas suppliers to increase the price of…
IEA: Oil prices start recover in the second half of the year
Oil prices will begin to rise in the second half of the year as OPEC production will diminish its growth…
New Gas Discovery in EIV-1 Suceava Concession, Romania
Raffles Energy SRL (“Raffles”) a wholly owned subsidiary of Raffles Energy Group is delighted to announce that a new gas…
OPEC: 2015 demand to lowest level in a decade
The collapse in oil prices is starting to slow growth in U.S. output, the Organization of the Petroleum Exporting Countries…
Dumitraşcu: I hope to come back. I did not resign because of the Rompetrol affair
###author### The Rompetrol Memorandum’s application stagnates because of the fear of the negotiation committee members to attend its meetings, but…
Oil price pressed as World Bank cuts growth forecast
Oil prices pared early losses on Wednesday but remained under pressure after the World Bank cut its economic growth forecast,…
Things to watch in 2015’s energy (Radu Dudău, Energy Policy Group)
The major trends of 2015’s world energy have been largely set in the second half of 2014. Undoubtedly, the stunning…
Gasoline has fallen below 5 lei per liter; other discounts are possible
Gasoline has fallen below the threshold of 5 lei per liter in Romania, the last time this took place more…
A diminished oil price may throw Romania into deflation
###author### While deflation has already bitten the euro area, Romania was held still standing and only registered a decrease of…
Brent crude fell below 49 dollars per barrel
The price of a barrel of Brent crude oil fell below 49 dollars on Monday, for the first time since…
