Dutch court approved Naftogaz petition to freeze Gazprom assets in Holland
Ukraine’s Naftogaz said on Tuesday that a Dutch court had approved its petition to freeze Gazprom assets in the Netherlands…
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Import-Export
Brussels set for compromise deal in Gazprom antitrust case
Brussels is set to announce it has reached a compromise deal with Gazprom in a long-running antitrust case over the…
Aforti Exchange: Crude oil price will be subject to correction after recent increases
According to Aforti Exchange experts, panic on the oil market, which has been seemingly triggered by a tense situation between…
Baltic, German foreign ministers split on Nord Stream pipeline
The foreign ministers of Estonia, Latvia and Lithuania, who met with their German colleague in Palanga on Friday, disagreed with…
Preventing imbalances on the gas market
A few days of freezing weather have uncovered the lack of flexibility in the national natural gas system and have…
Russia’s Gazprom takes $3.4b impairment on Ukraine legal dispute
Russian gas giant Gazprom took a 213 billion rouble ($3.4 billion) impairment in relation to its legal row with Ukraine,…
Egypt is ready to be an energy hub for Europe
With gas production in full swing across a number of sites in Egypt, the country is ready to become a…
Romania imported 20% more oil in the first two months
In the first two months of 2018, Romania imported 1,453 million tons of crude oil equivalent, with 242,500 toes (20%)…
KMGI extended a 360 mln. USD credit line by 2021
The KMG International Group (KMGI) has amended and extended its USD 360 million multicurrency revolving credit facility on Friday, 20…
Greece accepts Snam-led consortium’s offer for gas grid DESFA, Romania’s Transgaz loses bid
Greece has accepted a 535 million euro offer from a consortium led by Italy’s Snam for a majority stake in…
MOL’s shareholders approve worth of HUF 94 bln. dividends
MOL held its Annual General Meeting in Budapest, which accepted the Board’s proposal for the distribution of profits through a…
Naftogaz to go after Gazprom’s assets in Europe
Ukraine’s state-owned energy firm Naftogaz will go to court to try to seize Gazprom’s assets in Europe after the Russian…
Gazprom set to gain EU antitrust approval with concessions
The European Union and Gazprom are poised to settle a long-running antitrust case after the Russian gas company agreed to…
Gazprom refuses to resume gas supplies, pay $2.6 bln. compensation to Ukraine
Russian gas monopoly Gazprom has refused to abide by a Stockholm arbitration court ruling that it pay Ukraine $2.6 billion…
Natural gas trading obligations on centralized markets in Europe (a Deloitte analysis)
Romania is one of the three European states with obligations related to centralized trade of natural gas. In Europe, the…
Kazakh KMG sees sale of stake in KMGI to CEFC by end-June
KazMunaiGas’s deal to sell 51 percent of its Romanian business KMGI to China’s CEFC is still going ahead but has…