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Turkish, Greek and Tesla Streams re-routing energy supply in Eastern Europe
Russia cancelled its South Stream gas pipeline project in December 2014 replacing it with new Turkish Stream pipeline. The follow-up…
OMV talks with Bulgaria about gas transport from Romania
Officials of Austrian OMV Group, which controls Petrom, asked the representatives of Bulgartransgaz what are the opportunities of gas transport…
Ponta: Romania can invest in interconnections with Republic of Moldova
Romania is able at this time to invest in Republic of Moldova for energy interconnection projects, so the neighbor state…
US wants Greece focus on TAP, not on Turkish Stream
The United States wants Greece to focus on the Western-backed TAP pipeline project rather than the rival Gazprom-favoured project Turkish…
KMG borrows 360 mln. USD sindicated from BCR, ING, Raiffeisen and UniCredit Ţiriac
KMG International N.V. (formerly “The Rompetrol Group N.V.”), signed a 3-years USD 360 million senior secured multicurrency revolving credit (Facility)…
Ukraine claims it can bring Norwegian natural gas in Southeast Europe
Ukraine has the ability to transport natural gas from northern Europe in Romania, Bulgaria, Turkey and even Greece, said the…
Russian oil floods export market as refiners lose money
Crude oil exports from Russia, the world’s biggest producer, grew about seven times faster than output in the first quarter…
KMG Memorandum ready in July, payments in 6-7 months
###author### The investments planned for the special fund created by KMG International with the Romanian state will be made next…
Gazprom does not give up South Stream, in spite of 70% lower profit
Gazprom’s net profit, calculated under Russian Accounting Standards (RAS), fell 70 percent last year to 189 billion roubles (3.3 billion…
