European gas prices surge. Why and for how long?
Dutch TTF gas futures are seen as a Europe-wide natural gas benchmark. They reached 96.65 euros per megawatt hour (euro/MWh)…
Polish PM: Nord Stream 2 Gas Pipeline, Russia’s blackmail tool against Ukraine and the Republic of Moldova
Polish Prime Minister Mateusz Morawiecki has expressed hope that the future German government will change its position on the disputed…
Gazprom will increase its investments in 2022 to $24 billion
Gazprom announced on Thursday that its management team has approved an investment program worth 1,760 billion rubles ($24 billion) for…
Serinus Energy: The tax regime discourages investment in the oil and gas industry
Romania needs all the natural gas it can reach. It is not a question of better budgets, anymore, neither it…
Russia aims for a 60% lower European gas price
Russia wants the price of gas on the European market, its main customer, to fall by 60% from the current…
Russia is expected to increase its oil exports in Q4
Russia is expected to increase its oil exports from the Urals through Baltic ports in the fourth quarter, due to…
Republic of Moldova – Gas price for the population could increase by 35%
Moldovagaz, together with representatives of the Ministry of Economy and Infrastructure of the Republic of Moldova, is in the final…
Hungary and Russia – new long-term gas supply agreement
Hungary has negotiated with Russia all the terms of a new long-term gas supply agreement, which will enter into force…
Russia rejects allegations that it uses energy resources for political pressure
Russia rejects any attempt to accuse it of using energy resources as a “weapon” of political pressure, Kremlin spokesman Dmitry…
AEI and FEL Romania explain the increases in electricity and natural gas
Today’s energy price is the result of the situation in the energy sector, emphasizes Dumitru Chisăliță, president of the Intelligent…
Germany says Ukraine must remain gas transit country after new pipeline
Germany said Ukraine should remain a transit country for Russian gas, the Frankfurter Allgemeine newspaper reported, after President Vladimir Putin…
Resumption of works on the Nord Stream 2 pipeline has been postponed
The consortium responsible for the Nord Stream 2 gas pipeline project has decided to postpone construction work on the submarine…
Russia protests against the EU’s intention to impose a carbon tax on imported products
Moscow protested against the European Union’s intention to introduce a carbon tax levied on products imported by the EU bloc…
Oil prices turn lower despite hints Russia and Saudi Arabia are very close to a deal
Oil prices fell on Monday, reversing earlier gains after the CEO of Russian sovereign wealth fund RDIF told CNBC that…
Oil prices spike by a record 25% as Trump talks up huge production cuts and Saudi Arabia calls for OPEC meeting
Hopes are building for a truce in the brutal oil price war between Saudi Arabia and Russia, setting off a…
Oil jumps 10% following worst day since 1991
Oil prices surged higher on Tuesday following reports that ongoing talks between OPEC and its allies, known as OPEC+, remain…
Oil prices rebound after ‘Black Monday’ shocks, but outlook volatile
Stocks and oil prices have steadied and even bounced back after a “Black Monday” that saw them fall dramatically. Coronavirus…
Oil plummets over 20% as OPEC deal failure sparks price war
Oil prices plunged 30% in early trading after OPEC’s failure to strike a deal with its allies regarding production cuts…
Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…
Ukraine starts transmitting Russian gas to EU under new deal signed also by Romania
Gas TSO of Ukraine LLC, operator of the gas transmission system, has signed agreements with all neighboring operators, namely in…
Moldova to continue receiving Russian gas via Ukraine – president Dodon
Moldova will continue to receive Russian natural gas via Ukraine starting January 2020 after Moscow and Kiev reached a gas…
Japan exit from nuclear exports would leave field to Russia, China
The possible withdrawal of Japanese conglomerates from nuclear export projects in Britain and Turkey would leave the nuclear newbuild industry…
Russia’s Gazprom to pay $2.9 billion in new Ukraine gas deal
The Russian energy giant has agreed to settle its longrunning dispute with Ukraine over transit fees. A new five-year Moscow-Kyiv…