Oil Terminal cuts wages by 25% for 10 days
Oil Terminal suspends full wage payment for ten days in order to reduce expenses. Almost a thousand employees will be…
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Transportation
EU Observer: Putin strikes blow against Russia’s isolation by Europe
Russian leader Vladimir Putin has joined forces with Germany against the US over a new gas pipeline. His weekend trip,…
Fair enough: WTO ruling welcomed by both sides in case made by Russia over EU energy market access
Gazprom says it is satisfied with a World Trade Organization (WTO) ruling on Russia’s challenge to Europe’s Third Energy Package,…
Romgaz looks for a new general manager
Romgaz, the largest producer and the main natural gas supplier in Romania, started the recruitment process for a new general…
SOCAR interested in gas distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria, Director of SOCAR Balkan company Murad Heydarov said.…
The Ministry of Finance proposes capping the price of natural gas from domestic production for 3 years
UPDATE (July 23, 2018) On Friday, July 20th, the Ministry of Public Finance (MFP) withdrew the project for the capping…
Berlin is under increasing pressure to pull the plug on Nord Stream 2
Nord Stream 2 is a gas pipeline that would allow Germany to effectively double the amount of gas it imports…
MPs sent the gas companies back to the drawing board. Will they be back?
The Chamber of Deputies, in extraordinary session, passed by final vote the draft Law on some measures necessary for the…
Romania faces Russian aggression on a daily basis and is fending off a wave of cyber-attacks
Romania faces Russian aggression on a daily basis in the Black Sea and is fending off a wave of cyber-attacks…
Valentin Kunev (BBSPA): With gas projects, it is about evolutionary rather than revolutionary changes
Balkan and Black Sea Petroleum Association BBSPA held recently its annual conference in Bucharest, a two days event with over…
CONPET obtains higher tariffs for the transport of crude oil, gasoline, condensate and ethane
The National Agency of Mineral Resources – NAMR approved the tariffs for the transport of crude oil, rich gas, condensate…
New delays threaten investments estimated at USD 22.3 billion
Offshore Law approaches adoption in Parliament. Streamlining the clearance process for the energy projects at the Black Sea would blaze…
Change of paradigm on the natural gas market in the region
The Romanian oil and gas industry is enthusiastically living the dawn of a new era – the commercial exploitation of…
Economy minister: BRUA will ensure Romania’s access to at least two more gas sources
The BRUA project will ensure Romania’s access to at least three gas sources and will connect our region to the…