Oil prices top $70 a barrel amid fears over Suleimani retaliation
Oil prices climbed above $70 a barrel for the first time in four months on Monday amid fears that the…
Harald Kraft, AIK Energy: Markets will become more and more interconnected, and we are ready
2019 has been of maximum turbulence for the Romanian supply market, to which the private environment has adapted in various…
Natural gas price drops in Bulgaria by 5%
The price of Russian natural gas for Bulgarian consumers will go down about 5% due to a change in the…
Pruna, USR: CE Oltenia and the Black Sea gas need urgent decisions
This year will mark the last chance for CE Oltenia to keep in the future a significant contribution to the…
7 wells drilled by NIS Petrol in 8 years of activity in Romania (interview Vanja Aleksic)
In recent months, more signals have been heard that NIS Petrol, one of the most active companies in the hydrocarbons…
Ukraine starts transmitting Russian gas to EU under new deal signed also by Romania
Gas TSO of Ukraine LLC, operator of the gas transmission system, has signed agreements with all neighboring operators, namely in…
F. Cîțu: The elimination of the surcharge reduced the price at the pump; increase of the classic excise duty, an update with inflation
The Ministry of Finance (MFP) has made a change that has been deemed as controversial by some specialists. Immediately after…
Austria supports BRUA and Neptune Deep projects (Energynomics Magazine)
Austria would love to have a new gas supply towards Baumgarten, and it will be great if Romania would have…
Croatian court finds head of Hungary’s MOL, Croatia’s ex-PM guilty of bribery
A Croatian court ruled on Monday that the head of Hungarian energy group MOL and Croatia’s former prime minister were…
Distrigaz Sud, fined by 3.7 mln. euro, the company says it would pay the fine
The Competition Council (CC) sanctioned the natural gas distributor Distrigaz Sud Networks (DGSR) with a fine of about 17.65 million…
Oil hits 3-month highs on upbeat U.S. and Chinese economic data
Oil prices rose on Friday, hitting three-month highs, as upbeat economic data from China and the United States indicated an…
Saipem extends Romanian drilling works
Italian company Saipem announced an extension of their Romanian drilling contracts, as part of overall new contracts worth an overall…
Moldova to continue receiving Russian gas via Ukraine – president Dodon
Moldova will continue to receive Russian natural gas via Ukraine starting January 2020 after Moscow and Kiev reached a gas…
Canada gives struggling oil sector over USD 1 billion boost
The Canadian government said on Tuesday that it would spend C$1.6 billion ($1.19 billion), mostly through loans, to assist the…
Chemical fertilizer manufacturers are requesting state aid for the purchase of natural gas
The Nitrofosfor Organic Chemical Employers Organization asks the Government to include the fertilizer production sector in a state aid scheme…
Russia’s Gazprom to pay $2.9 billion in new Ukraine gas deal
The Russian energy giant has agreed to settle its longrunning dispute with Ukraine over transit fees. A new five-year Moscow-Kyiv…
Gazprom slashes investment budget for 2020
Russia’s Gazprom has approved a 16.5% cut in investments next year, marking the second annual reduction in a row, the…
Stroe, MET: There will be a 30-year marathon on the combined cycle gas market
In the energy sector there will be a marathon of 30 years from now because there are a lot of…
Merkel criticises US sanctions on Russia-Germany gas pipeline Nord Stream 2
German Chancellor Angela Merkel has criticised the US sanctions to be imposed on companies working on the natural gas pipeline…
Distrigaz Sud Reţele invested 280 mln. lei in the gas distribution network
Distrigaz Sud Reţele invested in 2019 about 280 million lei in the rehabilitation, modernization and expansion of the natural gas…
Competition fined Premier Energy by 1.3 mln. euro for abuse of a dominant position
The Competition Council sanctioned with 6.3 million lei (approximately 1.3 million euro) the natural gas distributor Premier Energy, as legal…
Increasing the price of carbon certificates will result in higher fuel prices
The government led by Angela Merkel and the German Lands have reached an agreement on increasing the price of carbon…