Seele, OMV: Q2 has been stable, positive
Austrian oil and gas group OMV has seen stable business in the second quarter, CEO Rainer Seele told reporters, after…
EU, Gazprom buy time to settle gas antitrust case
Gazprom and the European Commission need further talks to assess the Russian gas giant’s compliance with EU competition law, they…
Linde board to vote on Praxair merger on June 1
German industrial gases group Linde’s supervisory board is due to vote on a merger agreement with U.S. peer Praxair on…
Rompetrol opened its first gas station with electric car charging stations
Rompetrol Downstream, the retail company of KMG International, today inaugurated May 26, the first gas station equipped with electric power…
Transgaz to invest more than 130 mln. euro in new pipelines to the Republic of Moldova
Transgaz will build a new transport infrastructure so that the Romanian gas will reach over the Prut. The project is…
ANRE supports BRM and ”effective competition”, the exchange announces record trades
While at the BRM exchange ring, 300.000 MWh were traded at a record price of 68,50 lei/MWh, one of the…
OPEC nearing deal to extend oil output cut to March 2018
OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months…
Expert Petroleum gets $5 million from the EBRD for operations in Romania
The European Bank for Reconstruction and Development (EBRD) announced it have provided a US $ 5 million loan to Expert…
India asks OPEC to stop subsidizing western buyers at Asia’s cost
India has asked oil producing countries to stop discrimination against it and other Asian countries on petroleum and gas prices.…
SOCAR reaches 36 fuel stations in Romania
Romania’s subsidiary of Azerbaijan’s national oil company, SOCAR, opened its second gas station in Bucharest, which also allows charging of…