Weak Turkish lira may favour SOCAR expansion plan
SOCAR wants to reach a 20% share of Turkey’s gas market, and the country’s recent economic woes are likely to…
Solar and wind power could soon compete with oil and gas on scale and cost
In 2010, using solar power to boil your kettle would have cost you about £0.03. By 2020, according to estimates…
Rompetrol inaugurated its first EV charging station in Bacau
Rompetrol Downstream, the retail division of KMG International Group in Romania, inaugurated its first e-car charching station in Bacau. This…
ANRE approved standard products for natural gas trading on centralized markets
The Regulatory Committee of ANRE approved the centralized list of natural gas standardized products to be traded on the centralized…
Fair enough: WTO ruling welcomed by both sides in case made by Russia over EU energy market access
Gazprom says it is satisfied with a World Trade Organization (WTO) ruling on Russia’s challenge to Europe’s Third Energy Package,…
Chinese tariffs on US gas exports may shift the global market
China’s threats of new tariffs on $60 billion worth of U.S. imports will create shifts in the energy market, as…
In 2017, Romania had the lowest EU gas price in euro for the household consumers – Eurostat
In 2017, Romania recorded the lowest price in euro for natural gas for household consumers, among EU member states, according…
OMV Petrom started production from the first multilateral well drilled in Romania
OMV Petrom announced it has started production from a new offshore well LVO7, drilled in the Lebada Vest field. According…
Romgaz looks for a new general manager
Romgaz, the largest producer and the main natural gas supplier in Romania, started the recruitment process for a new general…
MOL Group raises full year profit target based on first half results
MOL Group announced its financial results for the first six months of 2018. EBITDA was sustained at the very strong…
Klaus Iohannis re-sends to Parliament the offshore Law, for review
President Klaus Iohannis has decided to resubmit the offshore Law to the Parliament for review. One of the reasons put…
Trump bets on new European LNG terminals, but EU funds meagre
US President Donald Trump expects the European Union to fund 9 to 11 liquefied natural gas (LNG) ports to absorb…
OMV Petrom: Net profit up 6% in H1
OMV Petrom Group posted a net profit worth 1.28 billion lei in the first half of this year (S1), up…
