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…
A few days of freezing weather have uncovered the lack of flexibility in the national natural gas system and have…
The National Regulatory Authority for Energy (ANRE) paid fines totaling one million lei to a number of 15 participants in…
Investments in the Black Sea oil and gas sector will generate revenues of over 26 billion USD to the state…
MOL Group announced its financial results for Q1 2018. In the first quarter MOL Group increased its clean CCS EBITDA…
OMV Petrom announced a net profit of 854 million lei, in the first quarter of this year, up 38% compared…
Russian gas giant Gazprom took a 213 billion rouble ($3.4 billion) impairment in relation to its legal row with Ukraine,…
The Ordinary General Meeting of Shareholders approved OMV Petrom S.A.’s 2018 investment budget of 5.55 billion lei, up 58% from…
When oil and gas major BP published its 2018 Energy Outlook last February, the group’s chief executive underlined in the…
Shell Argentina signed an agreement for the sale of its 645 service stations to Brazil-based Raízen for US$950mn in cash,…
With gas production in full swing across a number of sites in Egypt, the country is ready to become a…
In the first two months of 2018, Romania imported 1,453 million tons of crude oil equivalent, with 242,500 toes (20%)…
The Russian Energy minister said that sanctions imposed on his country are economic competition measures that impact negatively on its…
The KMG International Group (KMGI) has amended and extended its USD 360 million multicurrency revolving credit facility on Friday, 20…
Greece has accepted a 535 million euro offer from a consortium led by Italy’s Snam for a majority stake in…
Although the European directives include compressed natural gas (CNG) in the list of green alternative fuels, it is not included…