Russia finds alternatives to the European market in India and Pakistan
Russia, which controls and manages huge gas reserves in energy-rich Iran, plans to export gas to Pakistan and India by…
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Import-Export
Mobile benchmarks for oil royalties; OPCOM is mentioned as the only centralized market for natural gas
The Ministry of Economy launched on October 23rd a draft law regarding the regulation of the royalty system for the…
Hungary – its “perfect” play on the gas market (analysis by Dumitru Chisăliţă)
Dumitru Chisăliţă The construction of monofilar national transport systems is no longer an option to develop the national transport systems…
Ion Sterian (Transgaz) joins the 5th Black Sea Oil & Gas Conference in Bucharest (October 25-26)
As we approach the 5th Black Sea Oil & Gas Conference, GBC has asked Ion Sterian, CEO, Transgaz, a few…
The Oil Market’s Fall Upswing (analysis by Radu Dudău)
Radu Dudău, EPG Director Early September saw the beginning of a significant price increase for Brent, the international crude oil benchmark,…
Polish expert Jerzy Dudek cries foul at Council’s Nord Stream 2 position
EU Council legal experts insist that the Commission should not be granted a mandate to negotiate the contested Nord Stream…
Modified in the Committee for Industry, GEO 64 is back for voting in the Chamber of Deputies; BRM criticizes abusive provisions
The Commission of Industry and Services from the Chamber of Deputies has decided to maintain OPCOM’s privileges regarding the gas…
ANRE postponed an increase in gas prices for consumers, although the suppliers paid more
With a leadership near finishing its mandate, under the spectrum of a parliamentary investigation and violently criticized by some political…
Gazprom signs 10-year deal for gas exports to Croatia
Gazprom Export, a fully-owned subsidiary of Russia’s state-owned gas group Gazprom, said it signed a contract for natural gas supplies…
Gazprom gas supplies to Hungary up 26.6% y-o-y
Russian gas deliveries in the first eight months of 2017 were up by 22.3% year-on-year to Turkey, by 14.3% to…
NAFTA negotiators seek to enshrine Mexico’s energy reforms
U.S., Canadian and Mexican negotiators are zeroing in on ways to enshrine Mexican President Enrique Pena Nieto’s sweeping energy reforms…
Gazprom profit slides but Europe sales push higher
Gazprom, the largest Russian gas producer, saw its profit slump more than 80pc in the second quarter of 2017 despite…
Despite new U.S. sanctions, Russian oil traders say it’s business as usual
Russian oil companies will quickly find ways to work around tighter restrictions imposed this month by the United States on…
Gazprom expects no changes to key projects from new US sanctions
Gazprom said on Aug. 14 that new U.S. sanctions against Moscow would not result in the Russian gas exporter having…
Romania imported 11% less oil in H1
Romania imported in the first half of this year a quantity of crude oil of 3.317 million tonnes, with 415,200…
Poland to continue steps to cancel EU move to grant Gazprom more access to OPAL
Poland will continue its efforts to cancel the decision of the European Commission to grant Russia”s energy giant Gazprom more…
MOL raises bar for 2017 after H1 good results
MOL Group announced all business segments increased their earnings in H1, implying a 23% growth of Clean CCS EBIDTA in…
Bulgaria works for a new energy strategy in 2018; further step for the gas hub “Balkan”, within days
Until mid-2018, Bulgaria will have a new energy strategy for the period up to 2030 with horizon until 2050, the…
Romania approves China Energy bouyout of Rompetrol
KMG International Group (KMGI) announces the recent decisions of the Romanian authorities approving the transaction signed at the end of…