UK households pick up £80m bill left over from failed energy firms
British households face an £80m bill to cover the costs of transferring more than half a million customers from bust…
Rompetrol opened a new station in the town of Filiaşi
Rompetrol Downstream, the retail division of the KMG International Group in Romania, has opened a new filling station under the…
Total has ‘Uber-like’ ambitions to shake up French power market
Total’s French retail electricity arm is on track to win 700,000 customers this year, challenging former state monopolies EDF and…
Black Sea Oil & Gas and ENGIE sign a sale agreement for Midia gas
Black Sea Oil & Gas SRL (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas…
Over 1 bln lei worth profit for Romgaz in the first nine months this year
The Romgaz Group obtained a net profit of 1.027 billion lei in the first nine months, down from the same…
MOL ups EBITDA medium-term target by 10%
MOL held an Investor Day in London to provide a progress report and an update on the strategic targets defined…
Russia ready to cut gas price for Moldova – president Dodon
Russia is ready to cut the price for its gas to Moldova, Moldovan President Igor Dodon said on Tuesday, adding…
Oil tanks while US midterm theatre reaches financial markets
Global stock markets bounced and the dollar weakened following comments from President Trump that trade discussions with China were “moving…
Ringhel enters the Serbian market with IT solutions for power and natural gas suppliers
Ringhel, the leading provider of IT solutions and services dedicated to the Romanian power and gas markets, recently concluded two…
Polish state-run energy company signs 20-year deal for US natural gas
Poland’s state-run energy company PGNiG has struck a 20-year deal to buy liquified natural gas from the US, as the…
AOAR: Romania needs new power generation units
Romania needs, first of all, a law to allow the recommissioning or construction of new power generation units (a group…
Russia’s Gazprom abandons Norwegian asset swap deal with Austria’s OMV
Gazprom will no longer pursue an asset swap deal with Austria’s OMV that would have given the Russian gas giant…