Nicolescu, the Department of Energy: Romania has the capacity to deal with russian gas disruptions
Delegate Minister for Energy, Răzvan Nicolescu, said that Prime Minister Victor Ponta contact him to receive assurances that Romania will…
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Ukrainian top politician: Russia will increase in April by 37% the price of gas for Ukraine
Ukraine will pay with 37% more for the natural gas imported from Russia after Gazprom will eliminate, starting with April,…
The Rompetrol Group will become KazMunayGas International
The Rompetrol Group decided to change its name to KazMunayGas International, as part of the process of integration of activities…
Ukraine doubled its Russian gas imports
Ukraine increased its natural gas imports from Russia in recent days, said a spokesman for the state- owned Ukrtransgas in…
Corneliu Cernev, Oltchim union leader: The Government wants a takeover of Arpechim refinery this March
Oltchim’s Victoria union leader, Corneliu Cernev, told Agerpres that the government wants to take over Arpechim Pitești refinery by a…
The Government gives freely over 30.000 tonnes of gasoline to CFR Călători from the state fuel reserve
The Government has decided by Executive Emergency Ordinance to grant CFR Călători from the state reserve, free of charge, 32,487…
Greece inks a 10 year deal with Gazprom; a retroactive price drop by 15%
Natural gas distribution Company in Greece (DEPA) has signed a 10-year contract for the supply of gas with Gazprom, a…
The Black Sea gas requires gas pipelines of nearly 1 billion euros
Transgaz Mediaş, the national gas transmission operator, stated through its managing director that it has investment programs amounting to EUR…
Gas stockpiles diminish the risk of prices increases due to Ukraine instability
The high level of gas stocks in Western Europe will eliminate the risk on price brought by instability in Ukraine,…
Government Emergency Ordinance for upgrading Conpet’s pipelines
Some investment done by Conpet Ploiești are blocked because the company refuses to pay the fees required by administrators of…
Moskow helps MOL in its negotiations about keeping control on INA refinery
Moscow authorities will negotiate with the Croatian government the takeover of MOL stake in INA refinery after the Olympics in…
Transgaz and Transelectrica profits increased last year
National gas transporter Transgaz recorded revenues of 1.55 billion lei (345.2 million euros) in the previous financial year, higher by…
A 13 million euros solar park proposed by Lukoil on the cleaned oil pits near Petrotel refinery
The company Lukoil Energy &Gas Romania, a company that is part of the oil group Lukoil, will build a solar…
Conpet net earnings surpassed 8 million euros last year
Conpet Ploiești made in 2013 a net profit of over 37 million lei (8.4 million euros), up by 21.1% over…
GE Oil & Gas will invest 100 million dollars in 3D printed fuel injectors
General Electric (GE) Oil & Gas, one of the divisions with the fastest growing in GE, will begin 3D printing…
