KMG International Group will have new chief executive officer
National Company KazMunayGas (KMG), the sole shareholder of KMG International N.V. (KMGI), made a decision on appointment of Bakhyt Kulmakhanov…
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Exploration & production
TotalEnergies does not pull out of Russia, will no longer provide capital
French energy firm TotalEnergies has announced that it will no longer be providing capital for new projects in Russia, in…
OPEC: Under siege by climate campaigners
The OPEC chief and ministers from major African oil producing countries on Monday defended investments in fossil fuels, saying Africa’s…
AEI: EU can completely give up Gazprom gas, a measure that would stop the war
The European Union has the opportunity to sustain its entire gas consumption on its own, with the arrival of spring,…
Virgil Popescu: I am in Baku to negotiate concrete collaborations in the field of energy
Energy Minister Virgil Popescu wrote in a Facebook post on Tuesday that he was in Baku to negotiate “concrete collaborations”…
L. Orban: If resources are exploited efficiently, Romania does not need Russian gas in the hot season
The leader of the Force of Right Party, MP Ludovic Orban, considers that Romania does not need Russian gas in…
Gas-exporting countries are sending a message of calm to the markets in the context of the new crisis
Heads of state and government in the main gas-exporting countries sent a message of calm to markets in Qatar on…
Ministry of Energy is in talks with many external partners to diversify gas sources
The Ministry of Energy has had numerous meetings with foreign partners to diversify gas sources and ensure independence from Russian…
New price control measures unveiled in Coalition on Tuesday – Offshore law to speed up
The reduction of VAT to 5 percent and the capping of suppliers’ profit margins to a maximum of 5% are…
XTB: Exceeding the $100 a barrel threshold is almost a certainty
Brent’s $100 a barrel threshold is almost certain, and more and more opinions are now suggesting that $125 a barrel…
IEA is urging the OPEC+ group to increase its oil production
Fatih Birol, head of the International Energy Agency (IEA), said on Wednesday that the OPEC+ group (composed of the Organization…
IEA cere grupului OPEC+ să-şi majoreze producția de țiței
Fatih Birol, şeful Agenţiei Internaţionale a Energiei (IEA), a declarat miercuri că grupul OPEC+ (compus din Organizaţia Statelor Exportatoare de…
Cosmin Marinescu: Energy crisis, more harmful to the economy than the pandemic and restrictive measures
The current energy crisis is shaping up to be far more damaging to the economy than the pandemic and its…
Romgaz hydrocarbon production rose 11.2% last year
Last year, Romgaz recorded a hydrocarbon production of 32.53 million barrels equivalent to oil (boe), 11.2% higher than that reported…
Bankwatch: Progress in green recovery through PNRR, slowed by investment in fossil fuels
EU Member States’ efforts to target 672 billion euro in recovery and resilience funds to climate action are undermined by…
Oil majors will increase their production by 400,000 barrels a day
The OPEC+ group (composed of the Organization of the Petroleum Exporting States and other major producers) agreed to maintain a…
Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…
Bogdan Aurescu: Gas crisis in Moldova – case study for Russia’s hybrid war
Bogdan Aurescu, the Romanian Foreign Minister, spoke in a CNN interview about the natural gas crisis in the Republic of…
Cristian Păun: The incompetence and ignorance of politicians, to blame for the current energy situation
To accuse the market and liberalization of the current situation in energy and gas betrays an acute lack of logic…
EC: Debate on the inclusion of gas and nuclear in the taxonomy
The European Commission on Wednesday debated the proposal to classify nuclear energy and gas as green sources of energy transition,…
AEI: Romania should exploit shale gas, we need a strategy and correct information of citizens
The price of gas has risen, making shale gas exploitation profitable, and Romania has a huge chance to increase its…
Eurostat: Fossil fuels have continued their downward trend in the 2020 mix
Although oil (34.5%) and natural gas (23.7%) were still the most important energy source in the EU’s energy mix in…
Gazprom: Gas volume in European deposits fell by almost 27% as compared to 2021
Less than a fifth of the volume of gas pumped in the summer season is now filling the European underground…