Lukoil to invest in a Nigerian project with Chevron
Russia’s second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major…
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Wind energy production at a historic peak
Energy production from wind reached, Friday, a historic peak – 2,400 MWh, at about 3,000 MW installed capacity. Wind turbines…
Gas price liberalization could be delayed for at least one year
###author### Department of Energy and the National Energy Regulatory Authority (ANRE) study the possibility of delaying with at least one…
Zakonyi Botond: Hungary is an active promoter of the North-South Gas Corridor
Zakonyi Botond, Hungarian ambassador in Bucharest Energy demand in Hungary is primarily covered by fossil fuels like oil products or…
EBRD expands energy efficiency financing with 15 million euro
###author### The European Bank for Reconstruction and Development (EBRD) is providing 15 million euro of new financing to Romania’s Banca…
EBRD injected 700 million euro in Petrom, which spends now 1 billion euro annually
###author### EBRD First Vice President, Phil Bennett, said that EBRD invested about 700 million euro into Petrom over the years,…
Electrica’s profit increased by 4% in the first nine months
Electrica recorded in the first nine months of this year a consolidated net profit of 306 million lei, with 12…
Halliburton to buy Baker Hughes for about USD 35 bln
Halliburton Co will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth…