Oil, gas and coal prices rally as cold winter sets in
Higher demand for oil, natural gas, and coal due to colder than usual winter temperatures in many parts of the…
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Import-Export
Greece has started receiving natural gas from Azerbaijan through the TAP pipeline
Greece is now supplied with natural gas from Azerbaijan, as the Trans Adriatic Pipeline (TAP) is ready and the delivered…
Oil price reaches 11-month high after Saudi Arabia cut production
Oil prices rose to their highest level in February 2020 on Wednesday, after Saudi Arabia agreed to cut production more…
Azeri gas starts flowing to Greece, Bulgaria, Italy via TAP
The Trans Adriatic Pipeline (TAP) started transporting gas from Azerbaijan to Greece, Bulgaria and Italy last week, the consortium implementing…
Local oil imports fell 22% in the first ten months
Romania imported, in the first ten months of 2020, a quantity of crude oil of 5.563 million tons of oil…
EC has adopted the revised rules of the TEN-E Regulation
European Commission has adopted a proposal to revise the EU rules on Trans-European Networks for Energy (the TEN-E Regulation) to…
Rompetrol continues Georgian expansion
KMG International Group recently opened a new Rompetrol gas station in Georgia, near the tourist resort of Borjomi – famous…
Remarkable in the Romanian Oil and Gas industry
At the beginning of 2021, the National Agency for Mineral Resources will amend Order 32/2018 to introduce as reference the…
From 2021, the reference gas price will be calculated by ANRM based on the transactions in Romania
At the beginning of 2021, the National Agency for Mineral Resources will amend Order 32/2018 to introduce as reference the…
Sterian: Hungarians want to take a stress test for the BRUA pipeline on December 2
The Hungarian gas transport company, FGSZ, sent a letter to Transgaz announcing a stress test on the BRUA pipeline on…
Verchere: The completion of BRUA is a great success, the gas pipeline is fundamental
The completion of the BRUA pipeline is a great success, given that this gas pipeline is essential for Romania’s energy…
Moldovagaz prepares investments of 19 million euros in 2021
For 2021, Moldovagaz planned investments of about 385 million lei (about 19 million euros), said Vadim Ceban, president of the…
A new contract between Transgaz and Gazprom is in the final phase
Transgaz announced the completion, on Sunday at 16:15, of the works on the company’s most important investment project, worth almost…
Gal, ANRM: Oil royalties fell by about 21% in the first 9 months
In the first nine months of the year, oil royalties fell by about 21 percent, primarily due to declining oil…
Oil demand will be affected by new restrictions in Europe
New restrictions imposed in Europe to stop the spread of the coronavirus pandemic (COVID-19) will reduce the outlook for global…
ASF is analyzing the request of BRM to launch derivative natural gas contracts
The Financial Supervisory Authority (ASF) has not yet issued the necessary approval to the Romanian Commodity Exchange (BRM) to launch…
Gazprom has taken over most of Bulgarian gas transit pipelines
Gazprom has taken over the most important border points of Bulgarian transit pipelines, without having to pay billions of euros…
Kremlin criticizes US sanctions against Nord Stream 2
Kremlin spokesman Dmitry Peskov said on Wednesday that US sanctions on Russia’s North Stream 2 pipeline project were unfriendly and…
Poland imposes a record fine of more than $7.6 bln. to Gazprom because of Nord Stream 2
The Polish Competition Authority (UOKiK) announced on Wednesday that it had fined Russian group Gazprom by 29 billion zlotys ($7.61…
RCE: Traded volumes increased as a result of the liberalization of the natural gas market
The relevant synthetic data for the first 9 months of 2020 confirm the upward trend of the natural gas market,…
Gazprom expects its gas exports to Europe to reach at least 170 bcm
Russian gas giant Gazprom expects its gas exports to Europe, the key source of the state-owned company’s revenue, to reach…
Romania imported massive amounts of gas on Friday, after OMV Petrom reduced production
Romania’s gas imports amounted to 20% of national consumption on Friday, as OMV Petrom stopped several installations at the Hurezani…
Gas imports increased by 0.4% in the first seven months, production fell by more than 11%
Romania imported, in the first seven months of 2020, a quantity of usable natural gas of 1.116 million tons of…