ICGB will auction the free capacity of the IGB pipeline via the PRISMA platform
The project company ICGB, responsible for the implementation of the interconnector Greece-Bulgaria signed a contract with PRISMA European Capacity Platform…
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Bulgaria: 78 mln. euro EU grant to expand gas storage facility
A project to expand the underground gas storage facility in Chiren, northwestern Bulgaria, will be funded with a 78 million…
CE Oltenia asks 800 million euros from the Modernization Fund for two new gas-fired power plants
Oltenia Energy Complex has submitted applications for funding from the Modernization Fund budget for the two natural gas power plants…
EU: Divided on the classification of nuclear and gas projects as green investments
The European Commission (EC) proposes to classify nuclear and gas projects as green investments, under certain conditions, according to an…
Russia denies stopping gas supplies to Europe if sanctions are imposed
The Kremlin has dismissed fears that Russia could shut down its gas pipeline to Europe in the event of sanctions…
EU is examining energy supplies, including from Gazprom
Gazprom’s decision to limit supply despite rising demand is a significant challenge and has prompted regulators to look into energy…
Ukraine gas transit down 25% in 2021, flows to Romania resumed at low speed
As Gazprom resumed transit towards Romania via Republic of Moldova and Ukraine, flows are still weak and reflect a poor…
Alexandr Nikolov: Bulgaria loses money due to delays in completing gas interconnection with Greece (Euractiv Bulgaria)
Bulgaria continues to be depleted of revenue because of persistent delays in completing the gas interconnector with Greece, energy minister…
Gazprom has sued the EU for violating the Energy Charter Treaty
The European Commission strongly disputes that the EU Gas Directive infringed any provision of the Energy Charter Treaty, as Nord…
Petrobrazi Ploieşti Refinery, affected by a voltage variation
Several installations of the Petrobrazi Ploieşti refinery, owned by OMV Petrom, were stopped and restarted, due to a voltage variation…
Termoenergetica refuses to pay the increased gas bills, sues Tinmar
Bucharest Thermal Power Company Termoenergetica received on December 17 from its supplier, Tinmar Energy, a notice of disconnection of 48…
Transgaz readies a JV with a multinational investment fund for hydrogen projects worth hundreds of millions of euro
The operator of Romania’s natural gas transmission system, Transgaz, wants to partner with the Investment Fund of the Three Seas…
Putin: Russia is not to blame for high gas prices in Europe
Russian President Vladimir Putin said on Thursday that it was unfair for Moscow to be blamed for record prices for…
OMV Petrom: Employee remuneration is at competitive levels for the relevant oil and gas industry
The remuneration of OMV Petrom employees is at competitive levels for the relevant oil and gas industry and includes fixed…
RIGC 2021: Black Sea Resources, essential for energy security and the green transition in Romania
The resources discovered in the Black Sea offer Romania the chance to become the main producer of natural gas in…
Nord Stream 2 will not be licensed until mid-2022
No decision on the authorization of the Nord Stream 2 gas pipeline is expected before mid-2022, the German energy regulator…
Chimcomplex will submit an offer to purchase Rompetrol early next year
Chimcomplex announces the completion of preliminary studies and the inclusion of the opportunity to develop partnerships and acquire Rompetrol (KMG…
Ministry of Energy will finalize the hydrogen strategy next year
Removing coal and switching to gas and renewables is an urgent priority, and the Ministry of Energy will finalize the…
Natalia Gavriliță: Interconnection with Romania until 2024, an absolute priority
Romania delivered gas to Moldova in October, before signing a new agreement with Gazprom, helping the neighboring country maintain deliveries,…
Kawasaki to build for RWE one of the world’s first 100% hydrogen-capable gas turbines on industrial scale
Together with Kawasaki Heavy Industries (Kawasaki), one of the world’s leading turbine manufacturers, RWE Generation SE (RWE) is planning to…
OMV Petrom plans to invest 11 bln. euro by 2030, as part of a new strategy
OMV Petrom will invest 11 billion euro by 2030 to reduce carbon emissions, this being the largest private investment plan…
Gazprom is in no hurry to get approvals for Nord Stream 2, in the context of high gas prices
Gazprom’s record profit in the third quarter of this year due to high gas prices on the European market means…
KMG negotiates with PKN Orlen for a stake in Rompetrol
Kazakh oil group KMG is in negotiations with the Polish company PKN Orlen for the sale of a stake in…