Hungary – its “perfect” play on the gas market (analysis by Dumitru Chisăliţă)
Dumitru Chisăliţă The construction of monofilar national transport systems is no longer an option to develop the national transport systems…
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Gazprom increases 2017 investment programme by $3.7 billion
Gazprom said its board had decided to increase its investment programme for 2017 by 217.3 billion roubles ($3.79 billion) to…
Siemens may cut jobs in power turbine business overhaul
Siemens may cut thousands of jobs as part of plans to overhaul its power turbine business, where growth in renewable…
Ion Sterian (Transgaz) joins the 5th Black Sea Oil & Gas Conference in Bucharest (October 25-26)
As we approach the 5th Black Sea Oil & Gas Conference, GBC has asked Ion Sterian, CEO, Transgaz, a few…
Juncker Plan works: EIB lends 7.5 mln. euro to a waste processing plant
The European Investment Bank (BEI) is awarding a loan worth 7,5 million euros to the Romanian company GreenFiber International SA,…
E-Distribuţie Dobrogea invests 12 mln. lei into a station in Constanţa
E-Distribuţie Dobrogea has begun an investment project worth about 12 million lei (2.6 million euro) in order to modernize the…
OPEC seeks consensus on oil supply cut extension before meeting
Oil producers are working to build consensus on extending their deal to reduce supplies, OPEC’s secretary general said on Thursday,…
MOL signs new petrochemicals deal with thyssenkrupp
MOL Group has signed a new contract with thyssenkrupp to produce polyether polyols and propylene glycol. Following the announcement made…
Enel brings vehicle to grid technology to V2G hub in the Netherlands
Enel has started the installation of 10 vehicle-to-grid (V2G) charging units of 10 kW each to a pilot V2G hub…
New ANRE management was approved by the Parliament, highly contested by opposition
The new leadership of the National Regulatory Authority for Energy (ANRE) was voted on Wednesday by the united plenum of…
Competition Council to open its own fuel price comparative site
The Competition Council will create a comparison site for fuel prices, a tool similar to the one successfully launched for…
Prospects for electric vehicles look increasingly good
Indicators emerging over the last 18 months increase the likelihood of plug-in vehicles becoming predominant over the next 20 years.…
China’s CEFC eyes big league with Rosneft oil offtake deal
As part of its recent $9.1 billion investment in Russian oil giant Rosneft, little-known CEFC China Energy will have access…
The Oil Market’s Fall Upswing (analysis by Radu Dudău)
Radu Dudău, EPG Director Early September saw the beginning of a significant price increase for Brent, the international crude oil benchmark,…