CEFC will close the deal with Rompetrol’s shareholder in a few weeks
China’s CEFC could conclude the process of purchasing 51 percent of the shares of oil company KMG International NV by…
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…
Fuel excises to grow in two legs, on Sep 15th and Oct 1st
Finance Minister Ionuţ Mişa announced on Wednesday, at the beginning of the Government meeting, that excise taxes on fuel will…
Competition works, but liberalization is still far from being completed (EBC, Aug 30)
This is the brief description of the situation in Romania’s energy markets – electricity and natural gas, a description which…
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…
Paul, INACO: A politically controlled monopoly on the gas market and the nationalization of the BRM ring should be avoided
Turning OPCOM into a single operator of centralized wholesale gas and electricity markets would be a mistake because nothing good…
Gazprom postpones by two years the launch of Yuzhno-Kirinskoye gas field
Russian energy giant Gazprom plans to launch the Yuzhno-Kirinskoye gas field offshore Russia’s Sakhalin island in the Pacific in 2023,…
Rosneft continues expanding, on Monday it took over Essar Oil of India
Essar Oil announced it has finalized the sale of its assets in India to a consortium led by Russian oil…
Upetrom enters insolvency due to losses
Upetrom 1 Mai, a company owned by Gabriel Comănescu, went into insolvency due to losses, which last year amounted to…
Energy Ministry wants new board members at Oil Terminal
The Ministry of Energy, as a major shareholder, has called for the convening of the Ordinary General Meeting of Shareholders…
The Government is meeting today with professional associations to transpose the Alternative Fuels Directive
Bogdan Tudorache An inter-ministerial commission will meet on Tuesday to discuss the final snapshots of the National Policy Framework, the…
Rompetrol’s shareholder, CEFC, in early talks to buy Rosneft stake
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to…