Petrom finalizes the 50 million euro investment in the Hurezani gas treatment plant
OMV Petrom invested around 200 million euro between 2010-2019 for development of a centralized gas treatment hub serving domestic gas…
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Transportation
Transgaz approves the smaller dividend, but if it does not invest it will have to provide additional dividends
Bogdan Tudorache Transgaz shareholders were able to approve the dividends for the financial year 2018 with 93.7% of votes. Thus,…
The Ministry of Energy and the KEVR support the creation of a natural gas exchange in Bulgaria
“Only in case of diversification of natural gas supplies we can talk about competition and create conditions for market liberalization”,…
Nord Stream 2 ready by 57% – Gazprom
Nord Stream 2 gas pipeline, which lies from Russia to Germany is constructed by 57%, as Gazprom’s information office informed,…
OMV chief criticises US pressure over Russian gas pipeline
The head of OMV has accused the US of trying to “dictate” energy policy to its allies, calling on the…
Bulgartransgaz changed the consortium which will build “Turkish Stream” through Bulgaria
Bulgartransgaz changed the consortium, which will build “Turkish Stream” through Bulgaria. The reason – the previous favourite did not submit…
Russia halts transit of Kazakh LPG and coal to Ukraine
Kazakhstan’s state railway company has suspended liquefied petroleum gas (LPG) and coal shipments to Ukraine after transit nation Russia banned…
GEO 114 diminished the gas market liquidity and increased prices for companies
The amount of gas available to non-household customers on centralized markets has significantly decreased, which has led to price increases,…
Transgaz: Works on the BRUA gas pipeline accelerated
Transgaz claims that work at BRUA is accelerating, and the deadline for completion is kept on for December 31, 2019.…
Austria not backing away from Russian gas pipeline despite US threats
Austrian company OMV does not intend to back away from the Russian gas pipeline project Nord Stream 2 despite the…
Gazprom confirms first gas via TurkStream by December
TurkStream sub-sea section and Russia’s land section have been finished while Turkey’s onshore section is nearly 73% complete. Russia’s Gazprom…
Ukraine sues Gazprom over ”anticompetitive practices”
Ukrainian national oil and gas firm Naftogaz said it filed a complaint to the European Commission accusing Russian energy giant…
High-tech solutions for Rompetrol Rafinare’s transports
Rompetrol Rafinare, a member of the KMG International Group, together with its main partner for domestic rail transport, Romanian Rail…
Transgaz has signed the Memorandum of Understanding to take over the gas to be produced by Black Sea Oil & Gas
On Monday, May 6, SNTGN Transgaz SA signed the Memorandum of Understanding on the use and development of the natural…
Transgaz greenlighted to start the 360 mln. euro works at the Podisor pipeline
Bogdan Tudorache The Ministry of Energy has issued the decision that allows Transgaz to start the works of the Podişor…
Oil Terminal signs a 30 million-dollar contract with Oscar Downstream
Oil terminal has signed a new Downstream Oscar transport contract. The contract, worth 30.5 million ROL excluding VAT, provides for…
On May the 2nd the last orders were issued for starting work for Ungheni-Chisinau
Vestmoldtransgaz issued on Thursday the last three orders for the start of the works related to the Ungheni-Chisinau gas pipeline,…
Transgaz shareholders reject both dividend proposals, summon OGSM again on June 6, with the same proposals
Transgaz shareholders rejected yesterday the dividend proposals made by the company and government, but proposed the same figures for a…
MOL says that BRUA constructions works have started
Hungarian company MOL, that owns the national gas transporter FGSZ, announced that the BRUA works have started. “The construction works…
ENGIE invests 5 million lei in the training of about 120 young people
In the context of an acute shortage of skilled labor, ENGIE Romania, through its Distrigaz Sud and ENGIE Servicii, invests…
Nord Stream 2 could pass through the territorial waters of Denmark
The company that promotes the Nord Stream 2 pipeline has proposed a third possible route for the pipeline to be…
New Gas Directive opens the way for a common EU approach on Russian imports
The EU Council agreement on its negotiating mandate under the Romanian Presidency of the EU Council came as a rather…
Conpet prepares a contract with NIS Petrol
The Conpet National Oil transporter (COTE) concluded a partnership protocol with NIS Petrol SRL Romania for the provision of oil…