Solar energy production up 60% in the first eight months
Energy production in solar power plants was 2.57 billion kWh, in the first eight months of this year, up 60.5%…
MET Group contracted the first LNG vessel in partnership with Celsius
As part of its growth strategy in the liquefied natural gas (LNG) segment, Swiss company MET Group has partnered with…
Russia expects a decline in oil and gas revenues over the next three years
Russia’s revenues from oil and gas to the state budget would decrease between 2025 and 2027, due to lower raw…
Gas imports up by almost 6% in the first seven months
Romania imported, in the first seven months of 2024, a quantity of usable natural gas of 1.013 million tons of…
Dorin Junghietu: In order to be competitive, Moldovagaz will have to undergo a large transformation process
At 37 Dorin Junghietu won the competition for the selection of Moldovagaz Board of Directors representing the Ministry of Energy.…
Azerbaijan is negotiating gas deliveries in three European countries
Azerbaijan is in talks to expand its natural gas exports to at least three countries in Europe, President Ilham Aliyev…
Ukraine: An adviser to Zelenskiy backtracks on statements about stopping Russian oil transit
An adviser to the Ukrainian presidential administration, Mihailo Podoliak, backed off to the comments regarding the stoppage of Russian oil…
Gas imports increased by almost 20% in the first half
Gas imports increased by almost 20% in the first half Romania imported, in the first six months of 2024, a…
OPEC revises its 2024 oil demand forecasts
The Organization of the Petroleum Exporting Countries (OPEC) revised its forecast for global oil demand growth in 2024, citing weaker-than-expected…
Lukoil stops supplying oil to Hungary after Ukraine tightened sanctions
Hungary and Russia are looking for a solution so that the Russian oil group Lukoil PJSC can resume oil deliveries…
Turkey to increase EU gas exports if the level of demand is guaranteed
Turkey is ready to sell more natural gas to the European Union, but wants long-term commitments that justify the necessary…
MET Group signs long-term deal with Shell to supply US LNG
Swiss company MET Group has concluded a FOB (Free-On-Board) purchase agreement for long-term liquefied natural gas by signing a 10-year…
Ukraine discusses sending natural gas from Azerbaijan to the EU
Ukraine is discussing the sending of natural gas from Azerbaijan to the European Union, in the context of which it…
BRM: Moldova’s natural gas market is still under construction
The natural gas market in the Republic of Moldova is still in the construction phase and all the players involved…
Europe remains dependent on gas imports in a market with volatile prices
Dependence on energy imports in Europe has not undergone significant changes in recent years, with Europe remaining heavily dependent on…
INS: Romania’s crude oil production fell by 3.4% in Q1
Romania produced, in the first quarter of 2024, a quantity of crude oil of 682,400 tonnes of oil equivalent (toe),…
Russia’s plan to expand exports of liquefied natural gas, affected by US sanctions
Russia’s plan to rapidly expand its exports of liquefied natural gas (LNG) is stalling because of US sanctions, which are…
Republic of Moldova buys LNG from the USA
The state energy company from the Republic of Moldova, Energocom, is using the liquefied natural gas (LNG) purchase system from…
Russian oil feels the brunt of Western sanctions
Russian oil exports that fund the Kremlin’s war machine are finally slowing down. Refineries in India – Moscow’s second biggest…
Gas imports increased by over 143% in January 2024
Romania imported, in January 2024, a quantity of usable natural gas of 107,800 tons of oil equivalent (toe), 143.3% higher…
Kadri Simson: EU must reduce Russian liquefied gas imports this year
The European Union is putting more and more pressure on Russian liquefied natural gas importers to reduce their purchases this…
Europe remains heavily dependent on energy imports even after the energy crisis
Europe remains heavily dependent on energy imports even after the energy crisis, with dependence on Russia being replaced by dependence…