Crude oil price remains near 4-year low
Representatives of the Organization of Petroleum Exporting Countries (OPEC), responsible for one third of the oil produced globally, met on…
Acasă » Oil&Gas » Processing »
Processing
Russia is preparing a new South Stream, without Bulgaria
Russia is “ready to negotiate” with several of the countries formerly participating in the Russian-Italian gas pipeline South Stream, abandoned…
E.ON sells Spanish assets for 2.5 billion euros
E.ON sells assets it holds in Spain for 2.5 billion euros to the Australian investment bank Macquarie Group and Kuwait’s…
Solar and wind energy win price war with the conventional fuels
For the solar and wind industries in the United States, it has been a long-held dream: to produce energy at…
Italy casts doubt on South Stream gas pipeline
An Italian minister on Wednesday cast doubt on the future of Russia’s South Stream gas pipeline project, which was already…
Rompetrol Rafinare increases its revenues and reduces losses
Rompetrol Rafinare increases its revenues and reduces losses Rompetrol Rafinare, a member company of KMG International, recorded a USD 4.33…
Russia supplements gas supplies to China
Russian natural gas supplies to China via the “western route” pipeline could exceed deliveries to Europe in the mid-term perspective,…
OPEC oil price falls below 80 USD, to 4-year low
OPEC members’ average crude price fell below 80 USD for the first time in four years as Saudi Arabia and…
Hungary defies EU and greenlights South Stream pipeline
Hungary’s parliament approved a law that would open the way for the construction of the Russian-backed South Stream natural gas…