Rosneft, Gazprom boost combined offshore investment to $1.4B
Russia’s top oil producer Rosneft and gas giant Gazprom plan to invest a combined $1.42 billion (80.8 billion rubles) in…
As Trump targets energy rules, oil companies downplay their impact
President Donald Trump’s White House has said his plans to slash environmental regulations will trigger a new energy boom and…
CEFC is interested on developing KMG International operations
A CEFC (China Energy Company Limited) delegation along with executive management members of KMG International (KMGI) had a series of…
Major oil producers look to extend limiting the oil output by another six months
A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to…
Gas price in Bulgaria to hike by 30%, over the average price in Romania
Bulgaria’s Energy and Water Regulatory Commission (EWRC) will likely approve a 29.63% gas price hike as of April 1, writes…
Gazprom seeks $50bln at Stockholm arbitration hearings from Naftogaz
Russia’s gas giant Gazprom seeks $50 billion from Ukraine’s Naftogas at the Stockholm Arbitration hearings and its claims can increase…
DNV GL will check compliance with the EU offshore safety directive for Black Sea Oil and Gas
Black Sea Oil and Gas (BSOG) chose DNV GL for the Front End Engineering and Design (FEED) verification of the…
Gazprom and Eni agree on gas supplies via Southern Corridor
Gazprom and Italy’s Eni signed a memorandum of understanding to jointly develop the so-called Southern Corridor of gas from Russia…
Gas imports increased almost threefold in January
Romania imported in January 2017 an amount of natural gas of 281,200 tonnes of oil equivalent (toe), about 271.5% (205.5…
Purice, BRM: About 20-25% of Romania’s population in need of subsidized gas
A possible liberalization of the gas market will result initially in a slight increase in the tariff, but in the…
Black Sea Oil and Gas to build a gas treatment plant in Corbu
The Black Sea Oil and Gas S.R.L. company, owned by Carlyle, the largest private equity fund in the world, that…
Romania imported 42% more oil in January
Romania imported in January 2017 a quantity of crude oil of 729,900 tonnes of oil equivalent, with 218,100 toe (42.6%)…
Metea (Romgaz): Gas market liberalization is a challenge
For Virgil Metea, general manager of Romgaz, the liberalization is a challenge. “From a personal point of view, the liberalization…
Rompetrol to invest into a new petrochemical unit in Romania
The investment plan of KMG International (Rompetrol group) includes the opening of a new petrochemical unit, sayd the vicepresident of…
