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…
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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…
Romgaz hydrocarbon production rose 11.2% last year
Last year, Romgaz recorded a hydrocarbon production of 32.53 million barrels equivalent to oil (boe), 11.2% higher than that reported…
Biden says Nord Stream 2 won’t go forward if Russia invades Ukraine
President Joe Biden and German Chancellor Olaf Scholz had an awkward exchange with a reporter Monday at the White House…
Cristian Păun: We need to reduce diesel taxes
Economic analyst Cristian Păun supports the need to reduce excise duties on diesel, according to a position on the social…
Bankwatch: Progress in green recovery through PNRR, slowed by investment in fossil fuels
EU Member States’ efforts to target 672 billion euro in recovery and resilience funds to climate action are undermined by…
New gas distribution networks for 45 localities to be financed with European funds through the POIM
The Managing Authority for the Large-Scale Infrastructure Operational Programme (POIM) in the Ministry of European Investment and Projects announced the…
Verchere: High gas prices are not reflected in profit, with a tax rate of 47%
High gas prices are not reflected in OMV Petrom’s results due to extremely high taxation – in 2021, the effective…