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…
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Import-Export
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…
CIS Gaz opens a branch in Egypt and delivers the first equipment manufactured in Romania, within the Hayah Karima project
CIS Gaz, a Romanian company with over 30 years of activity in the construction and installation of natural gas transport…
Gas imports decreased by 6.2% in 2023; production increased by 1.5%
Romania imported, in 2023, a quantity of usable natural gas of 2.117 million tons of oil equivalent (toe), 6.2% lower…
AEI: Security of natural gas supply significantly improved in 2023
The security of natural gas supply improved significantly in 2023, and the EU is on track to meet the REPowerEU…
Romania’s oil production down by more than 4%, imports – by 15%, in 2023
Romania produced, in 2023, a quantity of crude oil of 2.795 million tons of oil equivalent (toe), with 129,200 toe…
Gas imports up 2% in the first 11 months of 2023
Romania imported, in the first 11 months of 2023, a quantity of usable natural gas of 1.995 million tons of…
Russia became China’s largest oil supplier, a first since 2018
Russia overtook Saudi Arabia last year to become China’s largest supplier of oil, which highlights the ineffectiveness of the West’s…
Germany: Gas imports fell by a third last year
Germany’s energy regulator (Bundesnetzagentur) said the country’s gas imports fell 32.6% last year, mainly due to energy savings and cut…
Gazprom set a new record for daily gas deliveries to China
Russian energy group Gazprom announced on Wednesday that it has set a new record for its daily gas deliveries to…
Equinor delivers 50 bln. euro worth of gas to Germany
The German group Sefe has concluded a 50 billion euro agreement to receive gas from the Norwegian company Equinor, the…
Azerbaijan to double natural gas exports to Europe
Azerbaijan can meet its goal of doubling natural gas exports to Europe, President Ilham Aliyev said, even though his country…
CIS Gaz strengthens its presence in Egypt, signs an agreement with Town Gas
CIS Gaz, one of the most important players in the natural gas industry in Romania, continues the process of expanding…
Ciolacu: Southern gas corridor will certainly lead to the reconstruction of Ukraine
The Southern gas corridor will certainly lead to the reconstruction of Ukraine, Prime Minister Marcel Ciolacu said on Monday, according…