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,…
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Transportation
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…
Ukraine is going to bring Russia in front of the European Commission for breaking EU Competition Law
Ukraine’s Naftogaz is preparing a formal complaint against Russian Gazprom’s “abusive and illegal practices”, announced Yuriy Vitrenko, Executive Officer of…
Russia wants EU guarantee to continue with TurkStream development
Russian Prime Minister Dmitry Medvedev told his Bulgarian counterpart Boyko Borissov on March 4 that Russia needs guarantees from the…
Gazprom, Georgia plan to agree on gas transit to Armenia in 14 days — minister
Georgia expects to complete talks on a new deal with Gazprom on the transit of Russian gas to Armenia within…
Trans Adriatic Pipeline completes €3.9bn project financing, €1bn from EBRD
The Trans Adriatic Pipeline (TAP) is announcing financial close today, with €3.9 billion secured from public and private lenders. The…
Global automakers spearhead $300 billion global drive to electrify cars
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10…
EC fines BEH Group € 77 million for blocking access to key natural gas infrastructure in Bulgaria
The European Commission has fined Bulgarian Energy Holding (BEH), its gas supply subsidiary Bulgargaz and its gas infrastructure subsidiary Bulgartransgaz…
Gazprom shares fell after EU parliament seeked to block pipeline
Shares in Russian gas producer Gazprom fell on Thursday morning after the European Parliament voted to condemn its under-construction Nord…
Up to Jan 28, Transgaz is waiting bidders for the 400 mil lei Onesti-Lețcani gas pipeline
The bid for realization of the gas pipeline between Onești-Gherăeşti-Leţcani was launched on the Electronic Procurement System. Transgaz’ committed amount…
