Hungary defies EU and greenlights South Stream pipeline
Hungary’s parliament approved a law that would open the way for the construction of the Russian-backed South Stream natural gas…
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Transportation
Gazprom announced it’s ready to resume gas deliveries to Ukraine
Russia has “fulfilled its obligations” stipulated in the agreement on the resumption of Russian gas supplies to Ukraine, concluded last…
UNTRR: Fuel consumption in Romania will continue to drop
###author### Fuel consumption will continue to decline in Romania, and Romanian hauliers will increasingly buy cheaper fuel from neighboring countries,…
OPEC: Little oil output change in 2015
OPEC’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude…
NegaWattHour – a definition for energy performance, Energy Breakfast Club (November 5)
On Wednesday, November 5th, from 9 A.M., energynomics.ro proposes a new informal meeting for you to discuss with your colleagues…
Lithuania reduces its dependence on Gazprom by installing an LNG terminal in the Baltic Sea
Lithuania has finished installing the terminal of liquefied natural gas (LNG) “Independence” in the Baltic Sea, which will enable this…
From MegaWattHour to NegaWattHour, Energy Breakfast Club (November 5)
On Wednesday, November 5th, from 9 A.M., energynomics.ro proposes a new informal meeting for you to discuss with your colleagues…
Hungary’s MOL gearing up for another acquisition
Hungarian fuels group MOL may soon be making a new acquisition, as the sale of German RWE’s oil and gas…
EC: Romania, affected by an interruption of Russian gas
The European Commission has announced that nine EU countries will suffer this winter if Russia completely cuts off the gas…
WTI Crude Falls Below $80 for First Time Since June 2012
West Texas Intermediate crude fell below $80 a barrel for the first time since June 2012 amid speculation rising U.S.…
Russia’s Gazprom second quarter net profit up 13 percent
Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles…
GDF Suez’s CEO: Russia will not cut off gas supplies this winter
Executive Director of the French company GDF Suez, Gerard Mestrallet, estimated that this winter should not be problems with Russian…
Gazprom cut gas supplies to Romania with 18%
Russian group Gazprom reduced again, Wednesday, the natural gas deliveries for Romania, with 18% from the level requested by the…