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…
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Transportation
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…
The BRUA project could return to its original form, following ACER’s decision
The BRUA pipeline, a strategic project for Romania, could return to its original plan, despite the vehement opposition of Hungary,…
Russia signals OPEC and allies could raise oil output
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted…
A consortium led by Engie buys the Petrobras pipeline division
A consortium led by French utility company Engie has won an auction to take over TAG, the Petrobras group’s pipeline…
Canete: The BRUA gas pipeline is fundamental to the EC
The BRUA pipeline is fundamental to the European Commission and it is important that gas reaches Austria, regardless of the…
Bulgaria doesn’t want to give up on coal, uses biomass as statistical trick
Bogdan Tudorache The Bulgarian government doesn’t want to phase out coal, and there is basically no new renewable investment projected…
ACUE welcomes the modification of the rate of return on invested capital – a signal to increase the investments
The member companies of the Federation of Associations of Energy Utility Companies (ACUE) appreciate that the Government’s decision to increase…
Transgaz proposes dividends worth 255 million lei
The Transgaz Board of Directors proposes to grant dividends for the year 2018 in the amount of 255.02 million lei,…
CIS GAZ builds two gas pipelines
CIS GAZ, specializing in pipeline construction and service provision for the oil and gas industry, signed two investment contracts with…
Vladimir Milov: Ukraine’s potential for gas exploitation has not been capitalized
Ukraine has a huge potential to exploit its natural gas reserves, but this potential has not been capitalized so far…