Gas prices continue to fall after Russia ruled out an export ban
Reference prices for natural gas in Europe fell on Friday, for the fourth day in a row, after Russia announced…
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Brent oil prices have risen by more than 3% amid supply uncertainties
The price of a barrel of Brent oil supplied in May rose by more than 3% on the London futures…
Gas prices have fallen by 10% in Europe, with Russian deliveries running normally
Reference prices for natural gas in Europe fell by as much as 10% on Thursday, while Russian gas supplies to…
EU drafts plan to ditch Russian gas
Europe needs to build up its renewable energy capacity and diversify its gas supply to end its dependency on Russian…
OMV joins large energy companies and withdraws from Russia
The Austrian group OMV announced on Saturday that it is withdrawing from Russia, being the latest energy company to make…
Petromidia refinery – scheduled technological shutdown
Rompetrol Rafinare, member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Năvodari refinery,…
Iohannis: The European Union’s dependence on Russian gas must end
The European Union’s dependence on Russian gas must end, President Klaus Iohannis said in a joint conference with European Commission…
Virgil Popescu spoke with the Azerbaijani president about Europe’s gas supply
Romanian Energy Minister Virgil Popescu in Baku spoke with President of the Republic of Azerbaijan Ilham Aliyev and other officials…
OMV has stopped talks with Gazprom on a gas field and revises role in Nord Stream 2
Austrian energy group OMV announced that it has abandoned plans to take over a stake in a Gazprom gas field…
Italy freezes 500 mln. euro loan for Russian Arctic LNG project 2
Russia’s invasion of Ukraine has prompted Italy to suspend its $21 billion Arctic LNG 2 project, led by private Russian…
KMG International Group will have new chief executive officer
National Company KazMunayGas (KMG), the sole shareholder of KMG International N.V. (KMGI), made a decision on appointment of Bakhyt Kulmakhanov…
TotalEnergies does not pull out of Russia, will no longer provide capital
French energy firm TotalEnergies has announced that it will no longer be providing capital for new projects in Russia, in…
Switzerland: All Nord Stream 2 employees have been fired
All employees of the Swiss-based consortium behind the controversial Nord Stream 2 project have been fired, Swiss Economy Minister Guy…
OMV, an investor in the Nord Stream 2 project, convened the crisis team on Monday
OMV held a meeting of the crisis team on Monday, a spokesman for the Austrian energy group announced, Reuters reports,…
Germany will accelerate plans to reduce its dependence on Russian gas
Germany will implement plans to build two new liquefied natural gas (LNG) terminals and also increase its natural gas reserves…
Transgaz: Level net result, appointment of the chairman of the Board – Petru Văduva
The Transgaz National Natural Gas Transmission Company registered a net profit of 166.938 million lei last year, 1.03% higher than…
Transgaz: There are no problems with Romania’s gas imports through Ukraine
Romania’s gas imports through Ukraine are normal and, if there are interruptions, the gas flow can be easily redirected through…
OMV Petrom and Tinmar want to build new solar and gas power plants together with CE Oltenia
OMV Petrom and Tinmar will be the partners of the Oltenia Energy Complex in 9 of the 10 projects of…
Ukraine deems the blocking of Nord Stream 2 as a correct step
Ukrainian Foreign Minister Dmitro Kuleba on Tuesday described as morally and politically correct the step taken by Germany to block…
Russia among the three countries providing most of the LNG for Europe
In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and…
Minister of Energy: We will not have problems with gas supply in case of a conflict in Ukraine
A conflict in Ukraine will not lead to problems in Romania’s gas supply, which can ensure its entire consumption from…
Transgaz has completed the environmental assessment for the National Natural Gas Transmission System Development Plan 2021-2030
Transgaz has completed the environmental assessment procedure for the Development Plan of the National Natural Gas Transmission System 2021 –…
Russia has exported a record amount of gas through the Nord Stream 1 pipeline in 2021
Exports of Russian natural gas to Germany via the Nord Stream 1 pipeline remained at a record high in 2020…