Romgaz extended the term of execution of the contract for the Iernut power plant
Romgaz extended the term of execution of the contract with DuroFelguera and Romelectro, for the Iernut power station, according to…
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Processing
First compressor station in Croatian gas transport system put in operation
The first compressor station in the Croatian gas transport system was formally put in operation last week, with Prime Minister…
Chisăliță: The figure of 70% of pipes replacement is wrong, but the system needs to be replaced
Bogdan Tudorache Transgaz announced that, following the closure of the gas balance for the year 2019, the total gas consumption…
NIS to invest 72 mln. euro in Pancevo refinery modernization
Serbian oil and gas company NIS, majority owned by Gazprom, plans to invest over 72 million euro ($80 million) in…
Transgaz: Works at the Ungheni-Chisinau gas pipeline are on schedule
Transgaz offered assurances that the works at the Ungheni-Chisinau gas pipeline are on schedule and it will be ready in…
Putin says Nord Stream 2 to be completed by early 2021
Russian President Vladimir Putin said that he hopes work on the Nord Stream 2 gas pipeline will be finished by…
Transgaz: The Competition Council investigation refers to the period 2009-2011
The investigation of the Competition Council regarding the contracts concluded by Transgaz refers to the award procedures that took place…
Romgaz will take part in the second stage of the market test for the LNG terminal in Greece
Romgaz will participate in the second stage of the market test on the completion of the liquefied natural gas (LNG)…
Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…
Russia and Turkey officially inaugurate TurkStream
President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan met in Istanbul to inaugurate TurkStream pipeline in a ceremony…
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…
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…
Ukraine and Russia look to strike new gas deal
Ukraine’s state energy firm Naftogaz and Russian gas giant Gazprom agreed to continue working on options for continuing the transit…
Romgaz wants a 300 million euro methanol plant of and new wind farms
Romgaz plans to invest towards diversifying the company, one of the main objectives being a methanol plant of about 2-300…
The Greece-Bulgaria Intersystem gas connection financing agreement was ratified
On December 6, the Bulgarian Parliament ratified the Guarantee Agreement between Bulgaria and the European Investment Bank (EIB) concerning a…
KMG International welcomes the finalizing of “Rompetrol II” judicial case
KMG International and the KMG Rompetrol group announced that they welcome the decision by the Prosecution Office of the High…
EU gas supply is safe even if Russia and Ukraine will not reach a new agreement
Europe will have no problems with the natural gas supply this winter, even if a new agreement on Russian gas…
Russia launches gas supplies to China via Power of Siberia pipeline
Russian President Vladimir Putin on Monday formally launched the start of natural gas supplies to China via the Power of…
BRUA gas pipeline, among the priority projects in the field of Energy of the Three Seas Initiative
The BRUA gas pipeline project, phases 1 and 2, and the Black Sea – Podisor transport infrastructure are priority projects…
Rompetrol Rafinare, increasing results in the jet fuel segment
Rompetrol Rafinare, a member company of KMG International, has continued to constantly increase its production of Jet A1 – the…
Transgaz reports a net profit of 224 mln. lei at 9 months, down 25%
The National Transgaz Mediaş National Gas Transport Company reported a net profit of 224.6 million lei in the first nine…