Oil Terminal, net profit down 5% at 9M
Oil Terminal, the company that operates the oil terminal in Constanta, recorded in the first nine months of this year…
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Transportation
Russians hurry to finish Turkish Stream
Gazprom is planning to spend more than $595 million in the expansion of the gas pipeline system to deliver gas…
Romania-Bulgaria gas pipeline will become operational on November 11
Transgaz has completed the pulling up of the back-up pipeline under the Danube of the gas interconnector between Bulgaria and…
Dumitru Matei is the new Board chairman of Oil Terminal
Dumitru Matei was appointed as the Board of Directors’ Chairman during the Tuesday meeting of the Board of Oil Terminal,…
Emily Olson, BP: The Southern Gas Corridor is a real project, not a “pipe dream”
Emily Olson Vice-President of Communications and External Affairs for BP’s Southern Corridor an interview by Alice Sapcaliu, GBC The Southern Gas…
Russia and Ukraine terminate agreement on operation of oil product pipelines
Russian Prime Minister Dmitry Medvedev has decreed to legally terminate an agreement that ended de facto between the Russian and…
Oil Terminal to raise capital over 5 times to 71 mln. Euro
Oil Terminal majority shareholders representing almost 78% of equity decided yesterday to increase the share capital from nearly 58.2 million…
Transgaz – memorandum with the Greek gas operator
The Romanian natural gas transmission operator Transgaz, signed a Memorandum of Understanding with DESFA – the National Natural Gas System…
Bulgaria-Romania interconnector, finished this year (Temenuzhka Petkova)
Bulgarian Energy Minister Temenuzhka Petkova has voiced her hope that the construction of an interconnector with Romania will be complete…
BRUA obtained a third of costs from EU, problem is who will pay the rest
Last week in Budapest the national company Transgaz succeeded ensuring a grant of about 180 million euro from EU funds…
Bulgargaz EAD, Transenergo şi WIIE România – the first winners of the auctions for Bulgarian transit
The companies Bulgargaz EAD, Transenergo and WIIE Romania SRL have won the capacity auction for the natural gas transit pipeline…
Gazprom claims it received first permits for Turkish Stream pipeline
Gazprom has received through diplomatic channels first permits from the authorities of Turkey for the implementation of the Turkish Stream…
Aristotel Jude: By 2021, we will certainly be in a free market for natural gas
Gas producers will no longer be required to give with priority to providers the quantities needed to cover the demand…
Government is working on a major revamp of the legal framework for O&G
Natural gas market in Romania is at a crucial moment which requires extensive changes in legislation within a very limited…