Europe urged to invest in LNG infrastructure as winter gas crisis looms
Network operators have called for investments in liquefied natural gas (LNG) infrastructure in order to prevent supply shortages as gas…
Russia will take control of the Sakhalin 1 energy project
Pavel Zavalny, chairman of the Energy Committee of Russia’s lower house of parliament, said the Sakhalin-1 oil and gas project…
Sonatrach and Engie have reached an agreement on the supply and sale of natural gas
The Algerian state company Sonatrach has concluded a three-year contract with the French energy group Engie regarding the price of…
Popescu: Greece – Bulgaria gas interconnector (IGB), inaugurated on Friday
The Greece-Bulgaria (IGB) gas interconnector will be inaugurated on Friday, July 8, says Energy Minister Virgil Popescu. Greek Energy Minister…
Rompetrol: Closing CPC operations will not affect crude oil supply to Petromidia refinery
Closing CPC operations will not affect crude oil supply to Petromidia refinery, says Rompetrol’s shareholder.”In the context of the information…
Roxana Caliminte, GIE: Europe needs new investments in green gas infrastructure and storage
Europe needs new investments in green gas infrastructure and storage and needs to find new sources once Russian gas is…
Government is considering rationing gas for companies
Romanian government is considering for this winter, if the quantities of gas are not imported as planned, to impose a…
Germany will introduce a new tax on gas bills of all consumers
The German government wants to introduce a new tax on gas bills for all consumers, in order to help gas…
EU Taxonomy should not divide the EU in time of crisis
The result of the current political debate on the EU Taxonomy Complementary Delegated Act will significantly shape the European energy…
Antonopoulos, Tallon: It is impossible to estimate an IRR, stability is given by hedging
The volatile period that energy markets are currently going through reveals the impossibility of establishing a fair long-term investment rate…
EU Council adopted the Gas Storage Regulation
Three months after the publication of the legislative proposal by the Commission, the EU Council has finally adopted the regulation…
Ciucă: Decision to compensate the price of fuels was taken by the coalition
PNL President Nicolae Ciuca said on Monday that the decision to offset the price of fuel with 50 bani was…
More and more gas drilling projects resurrected around Europe
Besides diversification, saving energy, or pushing for renewables, some countries have opted to expand existing gas drilling sites or exploit…
Germany triggers second alert stage of three step-emergency gas plan
Citing a “tense situation” following last week’s Russian supply cuts, Germany’s economy and climate ministry has sounded the official alarm…
Gov’t announced a compensation of 50 bani per liter of fuel
Romanian Prime Minister Nicolae Ciuca announced on Thursday a compensation of 50 bani (0.5 lei) per liter of fuel, a…
OMV Petrom will start production of sustainable aviation fuel at Petrobrazi
OMV Petrom, the largest integrated energy company in Southeast Europe, will produce sustainable aviation fuel at the Petrobrazi refinery by…
Concordia launches a study on the impact of technology on the automotive and oil and gas sectors
Concordia Employers’ Confederation launches the research report on the impact of technology on two of the most important sectors of…
PSD proposes capping fuel prices at 7 lei per liter
The capping of fuel prices requested by PSD at the level of 7 lei per liter, according to some sources,…
ANRE approved the settlement of an amount of 376 mln. lei to energy suppliers
The National Energy Regulatory Authority (ANRE) has so far approved the settlement from the state budget of an amount of…
Germany rejects EU plan to ban classic cars from 2035
The German government will not agree with the European Union’s plans to ban the sale of new cars equipped with…
RWE halts early retirements as Germany ramps up coal use to replace Russian gas
RWE, Germany’s largest energy company, has halted early retirement of employees in reaction to the government’s decision to increase the…
Russian crude oil exports to Asia soar 58% after invasion of Ukraine
Some nations have banned the importation of Russian oil following its incursion into Ukraine. According to a CryptoMonday analysis, that…
Ukrainian rockets hit oil rigs off Black Sea near Snake Island
The Ukrainian army has hit with rockets two oil rigs off the Crimea, according to a pro-Russian official in the…