Coronavirus: Oil price collapses to lowest level for 18 years
The price of oil has sunk to levels not seen since 2002 as demand for crude collapsed amid the coronavirus…
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Import-Export
Calls mount for new OPEC+ deal as oil prices and demand slide
Oil producers need to resume cooperation in an effort to stabilise the global market, Russian and OPEC officials said, as…
Oil rises over 3% but set for biggest weekly thumping since 2008
Oil prices were set for their worst weekly drubbing since the 2008 financial crisis, despite rising over 3% on Friday,…
Chisăliță: Gas liberalization might be delayed; there is no political will for it
Bogdan Tudorache The liberalization of the gas market from July 1 may not take place, since there is no political…
Polish gas firm PGNiG sees tough 2020 as virus disrupts prices
Poland’s state-run gas company PGNiG expects 2020 to be very difficult because of the coronavirus-driven fall in oil and gas…
Oil jumps 10% following worst day since 1991
Oil prices surged higher on Tuesday following reports that ongoing talks between OPEC and its allies, known as OPEC+, remain…
ANRE: Gas imports increased by 12% in December 2019
Romania imported in December 2019 an amount of 3,493,356 MWh of natural gas, 12% more than the same month of…
Bulgaria agrees deal to cut price of Russian gas imports by 40%
Bulgaria has agreed a 40% cut in the price of gas it imports under its long-term contract with Russia, its…
Transgaz and EBRD have signed a MoU on cooperation and investment support
Transgaz and the EBRD (European Bank for Reconstruction and Development) signed a memorandum of understanding on cooperation and support for…
EY: The global value of transactions in the oil and gas sector decreased in 2019 amid debates on energy transition
The global volume and value of transactions in the oil and gas industry decreased by 18.4% and 10.8% respectively in…
Romania is considering access to the Southern Gas Corridor
Romania is considering ensuring its access to the Southern Gas Corridor, reveals a statement from the Ministry of Economy and…
China opens fuel export taps as coronavirus slams domestic demand
China has ramped up fuel exports to compensate for losses to domestic demand as it grapples with the coronavirus outbreak,…
OPEC hasn’t run out of ideas – Saudi energy minister
OPEC and its allied oil-producing nations are still working well together and still have options to try to rebalance global…
Minister of Energy: The gas market will certainly be liberalized on July 1, otherwise we risk losing European funds
The gas market will certainly be liberalized on July 1, and the electricity market, on December 31, 2020, otherwise we…
AIK Energy, a London-based company run by Harald Kraft, takes over Valahia Gaz
The Competition Council authorized the transaction by which AIK Energy, a company registered in London and locally managed by Harald…
Seele: OMV does not expect Nord Stream 2 construction to resume soon
Austria’s OMV does not expect construction of Nord Stream 2 gas pipeline to resume soon, the oil and gas company’s…
Bulgaria mulls re-opening Gazprom antitrust probe
According to sources in Sofia, Bulgarian state-owned gas supplier Bulgargaz is preparing to ask the Commission to resume antitrust proceedings…
Transgaz signed the MoU on the development of gas networks in Eastern Europe
Transgaz has signed the Memorandum of Understanding on the Partnership for the Development of Natural Gas Networks in Eastern Europe…
Transgaz: The capacity made available on all interconnection points is of 44.2 mmc daily
The firm capacity made available by Transgaz on all the interconnection points with the adjacent transport and system operators (TSOs)…
Ukraine’s own Green Deal aims to slash energy imports
Ukraine’s long-term climate plan could significantly cut reliance on energy imports, its energy ministry suggested last week. But a 2050…
V. Popescu: Romania has no problems regarding the supply of natural gas during the winter
The Ministry of Economy, Energy and Business Environment informs that there are no problems regarding the provision of natural gas…
First compressor station in Croatian gas transport system put in operation
The first compressor station in the Croatian gas transport system was formally put in operation last week, with Prime Minister…
The price of Romanian gas, 32% higher than at the Vienna stock exchange, in December
The price of Romanian gas on the Romanian Commodity Exchange (BRM) reached, in December, 103.71 lei per MWh, 32% higher…