The World Bank: Oil could go as high as 37 dollars per barrel this year
The World Bank believes that oil will close at 37 dollars / barrel this year, down by 27% compared to…
Daniel Apostol, ROPEPCA: Over half of fuel price represents state charges
Economic growth based on private consumption received additional incentives once the global oil prices and the local VAT rate decreased,…
10 Key Energy Trends To Watch For In 2016 (Nick Cunningham, oilprice.com)
www.oilprice.com contributor Nick Cunningham has recently identified 10 trends that will dominate 2016 in the energy industry. Given his background,…
Gas imports could rise to 30% of daily consumption
The low temperatures that Romania has met in recent days have increased energy needs which in turn increased the need…
Lukoil reduces investments, negotiates the sale of Baltic business
Lukoil plans to reduce investment this year with about 1.5 billion dollars from the amount previously expected, due to lower…
The EU could secure its gas imports using existing excess capacity
The dependence on Russian gas in Europe should be offset by the creation of an insurance market to ensure that…
Transgaz receives a 179 million euros EU grant for BRUA gas link
EU Member States have accepted, on Tuesday, the European Commission’s (EC) proposal to invest 217 million euros in 15 trans-European…
Daniel Apostol, ROPEPCA: Oil prices affect the auto industry
The continuous drop in the price of a barrel of oil at the lowest prices in 13 years not only…
Crude oil price will stay in the 20s, but not for long
Brent crude, used as an international benchmark, fell on Monday as low as $27.67 a barrel, its lowest since 2003,…